factual

What is the 'Opening Deadline' for an Engineering For Kids franchise, as defined in the agreement?

Engineering_For_Kids Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 4.6.2. You must have obtained our written approval to begin operating, and actually begin operating the Franchised Business no later than one hundred twenty (120) days after the date of this Agreement (the "Opening Deadline"). You are deemed to "begin operating" when you book reservations with fee-paying customers for Programs with a scheduled starting date that is not more than forty-five (45) days after the date you first make the Programs available for booking reservations. If you do not begin operating on time and we do not extend the Opening Deadline, we will have the right to terminate this Agreement under Section 15.2.

Source: Item 23 — RECEIPTS (FDD pages 53–138)

What This Means (2025 FDD)

According to the 2025 Engineering For Kids Franchise Disclosure Document, the 'Opening Deadline' is defined as no later than 120 days after the date of the Franchise Agreement. To meet this deadline, the franchisee must have secured and prepared their office, completed all training, and satisfied all pre-opening requirements outlined by Engineering For Kids. Additionally, the franchisee must have obtained all necessary state and local government certifications, permits, and licenses for operating an Engineering For Kids business, including any required for their personnel.

To 'begin operating,' the franchisee must book reservations with fee-paying customers for programs with a scheduled starting date that is not more than 45 days after the date the programs are first made available for booking. This means that franchisees have a limited window after making programs available to actually secure bookings and start generating revenue.

Failure to begin operating on time, without an extension from Engineering For Kids, can result in the termination of the Franchise Agreement. This emphasizes the importance of careful planning and execution in the initial stages of setting up the franchise to ensure all requirements are met within the specified timeframe. Prospective franchisees should carefully consider these deadlines and requirements when evaluating the Engineering For Kids franchise opportunity.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.