For a My Salon Suite franchised business, what is the deadline for executing the franchise agreement?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
1,000).
Franchisee agrees to provide Franchisor with Franchisee's year-end financial statements and other information for the previous twelve (12) month period prior to signing the Agreement to convert your Existing Business to a Conversion Franchise.
- Section 7.A (Site Selection) and Subsection 8.A (Site Selection and Build-Out Assistance Zoning Clearances) of the Agreement shall be deleted in their entirety and replaced with the following:
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.
- Section 7.E (Build-Out of Franchised Business) shall be deleted in its entirety and replaced with the following:
Within forty-five (45) days of Franchisee's execution of this Agreement and the Addendum, Franchisees agree to make all alterations, modifications and improvements to the Conversion Franchise premises as reasonably requested by Franchisor, which shall include, but not be limited to, replacing all signage, replacing the Existing Business's trade dress with My Salon Suite trade dress, and meeting the current standards of the System Standards. Franchisee will also replace all stationery, forms, invoices, business cards and all other written materials used in salon rental business with materials meeting our standards for such items and obtaining and replacing such equipment, computer hardware and software and other equipment (at your option), meeting our specifications and standards necessary to operate the Conversion Franchise under the System Standards; and to cancel and/or replace all forms of advertising, such as social media ads, online presence, and display ads, under the My Salon Suite name and substitute advertising approved by Franchisor using the Proprietary Marks.
Franchisee shall be responsible for obtaining and maintaining all zoning classifications and clearances which may be required by the state, provincial, or local laws, ordinances, or regulations or which may be necessary or advisable as a result of any restrictive covenants relating to the Conversion Franchise's premises.
Source: Item 23 — RECEIPTS (FDD pages 95–230)
What This Means (2025 FDD)
According to the 2025 My Salon Suite Franchise Disclosure Document, the deadline for executing the franchise agreement depends on whether the franchise is a new franchise or a conversion franchise. For a conversion franchise, the franchisee has 45 days from the execution of the agreement and addendum to make alterations, modifications, and improvements to the premises as reasonably requested by My Salon Suite. This includes replacing signage and trade dress to meet My Salon Suite standards.
Additionally, the franchisee must certify in writing that the insurance coverage is in full force and effect and that all required approvals, clearances, permits, and certifications have been obtained within 30 days of executing the agreement and addendum. My Salon Suite will inspect the existing inventory, products, and supplies at the conversion franchise and advise the franchisee within 30 days of the execution of the agreement and addendum whether such items meet their standards.
For a regular new franchise agreement, the FDD does not specify a deadline for executing the franchise agreement. The franchise agreement is executed contemporaneously with another agreement. However, failure to adhere to the development schedule, including executing each Additional Franchise Agreement, constitutes a material breach, potentially leading to termination of the agreement. Prospective franchisees should clarify the specific timelines and requirements for executing the franchise agreement with My Salon Suite during their due diligence process.