This is the 2020 House of Colour Franchise Disclosure Document (FDD). It is a PDF document available for immediate download upon purchase.
“House of Colour businesses provide personal stylist, image consultant, and color analysis and re-lated services to the general public in-person and online within a specified territory (“House of Colour Business(es)”). The total investment necessary to begin operation of a House of Colour franchised business is be-tween $19,345 and $34,250. This includes $17,000 that must be paid to the franchisor or its affiliate(s). This disclosure document summarizes certain provisions of your franchise agreement…”
-House of Colour FDD, Aug 2020
What is in the House of Colour 2020 Franchise Disclosure Document (FDD)?
The United States Federal Trade Commission requires all franchisors who sell franchises in the USA to compile an FDD each year which covers 23 key items of disclosure about the franchise opportunity. The FDD is written in a federally mandated format that is standardized for all franchises, must be presented in easily understood language, and typically is 100+ pages in length. This document is required to be given to a prospective franchisee before the franchise agreement is signed or any money changes hands. This document is extremely useful to anyone who is researching the history, inner workings, and other critical information and disclosures about the franchise system.