On what date does the My Salon Suite Franchise Agreement become effective?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
This Franchise Agreement ("Franchise Agreement") is made and entered into by and between Suite Management Franchising, LLC, a Florida limited liability company ("Franchisor"), and that certain Franchise Owner identified on Attachment A to this Franchise Agreement ("Franchisee"), as of the date signed by Franchisor and set forth below Franchisor's signature on this Franchise Agreement ("Effective Date").
Source: Item 23 — RECEIPTS (FDD pages 95–230)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the Franchise Agreement becomes effective on the date signed by the franchisor, Suite Management Franchising, LLC, as indicated below the franchisor's signature on the agreement. This date is referred to as the "Effective Date" within the document.
For a prospective My Salon Suite franchisee, this means the agreement officially commences on the date the franchisor signs it, not necessarily when the franchisee signs. It's crucial for franchisees to understand that obligations and timelines within the agreement are tied to this Effective Date.
For example, the franchisee must complete the My Salon Suite University initial training program 60 days before the Effective Date. The franchisee also agrees to make alterations, modifications, and improvements to the Conversion Franchise premises within 45 days of executing the agreement and addendum. Furthermore, the franchisee must certify in writing that the insurance coverage is in full force and effect within 30 days of executing the agreement and addendum.