Does Face Foundrie have to take over the lease if they elect to acquire it?
Face_Foundrie Franchise · 2025 FDDAnswer from 2025 FDD Document
- (d) at the option of Franchisor, assign to Franchisor any interest which Franchisee has in any lease or sublease for the Premises if Franchisee leases a location for the Facial Bar.
In the event Franchisor does not elect to exercise its option to acquire the lease or sublease for the Premises, Franchisee must, at Franchisee's expense, make such reasonable modifications to the exterior and interior décor of the Facial Bar and the Premises, and with respect to any vehicles, as Franchisor requires to eliminate its identification as a Face Foundrié Facial Bar.
If Franchisee fails to modify the exterior and interior décor of the Facial Bar, the Premises, and vehicles, as Franchisor requires to eliminate its identification as a Face Foundrié Facial Bar, Franchisor may take such action to modify the exterior and interior décor of the Facial Bar and the Premises and charge Franchisee for the cost of such action.
Franchisee shall immediately pay Franchisor for the cost of any action taken by Franchisor to modify the exterior and interior décor of the Facial Bar and the Premises;
Source: Item 22 — CONTRACTS (FDD pages 73–74)
What This Means (2025 FDD)
According to the 2025 Face Foundrie FDD, Face Foundrie has the option, but not the obligation, to assume the lease for the premises if a franchisee's agreement is terminated or expires. Specifically, the FDD states that the franchisee must assign any interest in the lease or sublease to Face Foundrie if Face Foundrie chooses to exercise this option.
If Face Foundrie does not elect to take over the lease, the franchisee is responsible for modifying the premises to remove any identification as a Face Foundrie Facial Bar. This includes changes to both the exterior and interior décor. These modifications must be reasonable and are intended to eliminate any association with the Face Foundrie brand.
Should the franchisee fail to make these required modifications, Face Foundrie reserves the right to take action to modify the premises themselves and charge the franchisee for the costs incurred. The franchisee is then obligated to immediately pay Face Foundrie for these modification expenses. This ensures that the brand is protected and that no confusion arises after a franchise agreement ends.