factual

What is the standard deadline for a Face Foundrie franchisee to open the Facial Bar after the Effective Date?

Face_Foundrie Franchise · 2025 FDD

Answer from 2025 FDD Document

acial Bar as Franchisor deems appropriate in its sole discretion, and Franchisor reserves the right to charge its then current fee for such on-site inspections and to require Franchisee to reimburse Franchisor its out-of-pocket expenses that it incurs in conducting such on-site inspections, including costs of transportation, lodging, and meals. Franchisee agrees to comply with this Section and open the Facial Bar before ten (10) months after the Effective Date, provided, however, Franchisor may, in its sole discretion upon Franchisee's request, give Franchisee a

Source: Item 22 — CONTRACTS (FDD pages 73–74)

What This Means (2025 FDD)

According to Face Foundrie's 2025 Franchise Disclosure Document, a franchisee is expected to open their Facial Bar within ten months after the Effective Date of the franchise agreement. However, Face Foundrie may, at its discretion, grant a six-month extension if the franchisee requests it.

To obtain this extension, the franchisee must pay an extension fee and sign an extension agreement provided by Face Foundrie. If the franchisee chooses to retain any protected territory granted to them and Face Foundrie approves the extension, the extension fee will be $2,500.

This clause provides some flexibility for franchisees who may encounter unforeseen delays in the opening process, but it also highlights the importance of adhering to the initial timeline. The extension fee represents an additional cost that franchisees should factor into their initial investment and operating budget.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.