We, the Franchisor was originally formed as a Florida limited liability company on January 2, 2014, EIN # 46- 4399602 On June 8,2016 pursuant to the laws of Florida and Delaware, the Franchisor was converted into a Delaware limited liability company, however all of its members and officers remained the same The Franchisor has no predecessors We have no parent We are not engaged in any other business The Franchisor's, principal business address is 4500 Biscayne Boulevard, Penthouse, Miami, Florida 33137 Our agent for service process in the State of California is InCorp Services, Inc. 5716 Corsa Ave , Suite 110 Westlake Village, CA 91362-7354 and for other states we disclose our agent for service of process on Exhibit “A” Our agent for service process in the State of Delaware is The Corporation Trust Company, 1209 Orange St, Wilmington, DE 19801 The Franchisor's, principal business address is 4500 Biscayne Boulevard, Penthouse, Miami, Florida 33137 The Franchisor intents to use the name Skin Type Solutions and its abbreviation STS to conduct business The Franchisor does not operate the business of the type being franchised, has, no other business activities The general market for the products and services that you (franchisee) will offer are patients of the physician franchisee and customers of non-physician franchisees who have purchased a Skin Type Solutions franchise Sales are not seasonal, and the market currently exists and has existed for many years
History After years of research and clinical practice treating thousands of patients. Dr Baumann invented the patent pending Baumann Skin Typing System (the “STS System”) The STS System is an evidence-based, clinically validated, medical methodology for analyzing/classifying skin types The STS System measures four factors m skin oiliness vs. dryness, resistance vs. sensitivity, pigmentation vs non pigmentation, and tightness vs working, resulting into 16 unique “Baumann Skin Types”, (everyone is one of these 16 skin types regardless of skin color, ethnicity, age, and gender) This analysis determines the very real and scientifically verifiable distinctions in skin physiology enabling the provision of customized scientifically validated skincare advice Dr Bauman also invented the Baumann Skin Type Questionnaire (referred to herein as the “Skin Type Questionnaire”) which is a copyrighted of questions developed and clinically-validated which are administered to determine an individual's Baumann Skin type Dr Baumann has authored peer-reviewed scientific journal and articles and scholarly book chapters about the STS System, the STS System is now included in medical textbooks in many languages including Fitzpatrick's Dermatology in General Medicine (McGraw Hill) and Cosmetic Dermatology Principles and Practice (McGraw Hill) Since its invention, the STS System has enabled dermatologists and other licensed skincare professionals to more accurately diagnose and treat skin conditions and to prescribe or recommend skincare products having ingredients appropriate for a patient's skin type Seeking to create a vehicle to introduce and implement the STS System, Dr Baumann conceptualized, created and began the successful operation of the first STS Display in her cosmetic dermatology medical offices in Miatin Beach and Miami Florida
The following information describes the Skin Type Solutions franchise program, portions of which are discussed in greater detail in subsequent sections of this Franchise Disclosure Document You, as an independent business person, assume all of the risks of the business venture since business is not generated by one party for the other You must rely on your own business judgment in deciding whether or not to purchase a Skin Type Solutions franchise The STS franchise program is available to any size franchisee and is not based on referrals, volume or the value of franchisee's business We authorize qualified entities (franchisees) to operate Skin Type Solutions Displays (STS Displays) within their own primary business pursuant to a written franchise agreement (the “Franchise Agreement”, attached as Exhibit “B” to this Disclosure Document) Each franchisee is also provided a free on-line sales internet selling site (“Franchisees Internet STS Store”), which will be managed and operated by us or our then exclusive STSA Product distributor Skin Type Solutions Displays are located within the existing business premises of our franchisees STS Displays implement our business system, under the name and service mark “Skin Type Solutions” along with the other service marks, pending patent and copyrights (described and set forth in Article 13 & 14 herein) in order to exclusively sell Skin Type Solutions Approved skincare products (STSA Products) Franchisees Internet STS Store will sell authorized STSA Products duplicating each franchisees' in office product line and pricing enabling patients to re-order their" STSA products as more specifically described in Item 8 STS Displays are miniaturized retail businesses and include a permanent shelving, graphic and signage installation on an empty office wall ranging in size from 55 square feet to 70 square feet or mobile kiosks, all designed to fit m almost any business premises The franchisee is responsible for posting that it is the owner and has a financial interest in its STS Display STS Displays provide the opportunity for a franchisee to develop an additional profit center for its existing business without materially increasing its fixed and variable costs Our franchise program does not charge any royalty fees The Franchisor's income is derived from (i) initial franchise fees, (ii) our profit share or processing fee from the sale of STSA Products topical products and injectable products (from the revocable injectable amenity program via service fees and rebates) sold to franchisees by us or our authorized manufacturers, suppliers, vendors and distributors, and unknown undeveloped income sources yet unknown Franchisees are required to purchase their STSA products from the Franchisor or its authorized distributor provided the STSA product is sold at the lowest price available Typically, all topical and injectable product purchases are paid by STS franchisee's credit card charge at the time of purchase The STSA Products that will be sold in the STS Displays are skincare products that have been approved by Us and classified to be efficacious to one or more of the 16 Baumann Skin Types® STSA Products contain the right ingredients for each Skin Type, contain sufficient amounts of active ingredients to be effective, do not contain counterproductive ingredients, are formulated effectively, are packaged to maintain stability of the active ingredients, are cosmetically elegant (smell good and feel good) and have received positive responses from those who have used them The STSA Products may include brands currently on the market and sold elsewhere or may be brands exclusive to the Franchisor Presently existing are STSA Products that are existing rebranded skin care products with an exclusive brand controlled by Franchisor or its affiliates or newly invented skincare products, all of which will be referred to in this disclosure document as Skin Type Solutions “proprietary skincare products” 8 STSA Products are marketed and sold thru the education and application of the patent pending Baumann Skin Typing System This analysis enables STS Displays to provide customized scientifically validated advice for individuals of every skin color, ethnicity, age, and sex Use of the Baumann Skin Typing System and the purchase ofSTSA Products by franchisee's patients/customers/consumers (hereinafter referred to herein as consumers) enable them to achieve (i) proper skincare recommendations, (ii) real assistance identifying skin type and condition, (iii) easier to follow simplified beauty and health routines Our franchise program contains restrictions and limitations on your business operations as it is structured to create a profit center derived from only your consumers and their families and friends, (i) you are restricted as to whom you may sell STSA Products (see Item 8), (ii) you are restricted as to where you may sell STSA, Products (see Item 8), (ill) you are restricted as to the type and nature of your advertising and marketing activities (see Item 11), (iv) there are restrictions as to the prices charged on Franchisee Internet STS Store (see Item 8) and (v) you are restricted as to whom you may purchase your STSA Product inventory (see Item 8), STS Shelving and STS Graphics and Signs (see Item 8)
You must pay a $5000 initial franchise fee for each franchise The Franchisor will defer all initial fees until after it has fulfilled all of its pre-opening obligations to the franchisee and the franchisee is open for business The Franchisor does not give refunds under any circumstances In order to begin its franchise program, the Franchisor reserves the right to award up to 10 initial franchises a franchise at an initial fee of$1 00 each
We do not offer direct or indirect financing We do not guarantee your note, lease or obligation The exclusive STSA product distributor does not offer direct or indirect financing for your inventory purchases used in the operation of the Franchise Business and you must pay for each order upon ordering whether by check or wire or credit card charge I We are unable to estimate whether you will be able to obtain financing for all or any part of your investment and, if you are able to obtain financing, we cannot predict the terms of that financing We do not receive payment from any person or persons for obtaining or placing financing I No contract or other instrument between us contains any waiver of defenses or similar provisions We do not have any past or present practice, or any intent, to sell, assign, or discount to a third party, in whole or in part, any note, contract, or other instrument executed by you We do not guarantee any note, lease or obligation of yours
he FTC's Franchise Rule permits a franchisor to provide information about the actual or potential financial performance of its franchised and/or franchisor-owned outlets, if there is a reasonable basis for the information, and if the information is included in the disclosure document Financial performance information that differs from that included in Item 19 may be given only if (1) a franchisor provides the actual records of an existing outlet you are considering buying, or (2) a franchisor supplements the information provided in this Item 19, for example, by providing information about possible performance at a particular location or under particular circumstances 1 We do not make any representations about a franchisee's future financial performance or the past financial performance of Franchisor-owned or franchised outlets We also do not authorize our employees or representatives to make such representations either orally or in writing If you are purchasing an existing STS Display, however, we may provide you with the actual records of that outlet or a history ofSTSA product purchases if we have them If you receive any other financial performance information or projections of your future income, you should promptly report it to our management by contacting Dr Leslie Baumann, Managing Member, Skin Type Solutions Franchise System LLC , 4500 Biscayne Boulevard Suite 101, Miami, FL 33137 telephone 305-532-5522 and the Federal Trade Commission and any appropriate state regulatory agencies