Who bears the expense of purchasing or leasing an Approved Location for a My Salon Suite franchise?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees to bear the cost and expense for making all alterations, modifications, and improvements as we may deem necessary to convert Franchisee's Existing Business to a Conversion Franchise. Franchisee acknowledges and agrees that approving Franchisee to operate a Conversion Franchise at the Existing Business's premises does not constitute a representation, promise, warranty, or guarantee by Franchisor that a My Salon Suite Franchised Business operated at that site will be profitable or otherwise successful.
Source: Item 23 — RECEIPTS (FDD pages 95–230)
What This Means (2025 FDD)
The 2025 My Salon Suite Franchise Disclosure Document does not explicitly state who bears the expense of purchasing or leasing an approved location for a standard franchise. However, it does state that if a franchisee is converting an existing business to a My Salon Suite franchise, the franchisee bears the cost and expense for making all alterations, modifications, and improvements as deemed necessary by My Salon Suite to convert the existing business to a Conversion Franchise.
While the FDD excerpts provide information on site selection assistance offered by My Salon Suite, and the requirement for franchisee's to obtain Franchisor's prior written approval of the location, it does not specify who is responsible for the costs associated with purchasing or leasing the location for a standard franchise agreement.
A prospective franchisee should seek clarification from My Salon Suite regarding the allocation of costs related to purchasing or leasing the approved location. This information is crucial for understanding the full financial commitment required to start a My Salon Suite franchise.