What actions can Extreme Art Studio take during an inspection of the Franchised Business?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
We may inspect a Studio that you propose before we grant our approval.
You acknowledge and agree that our approval of any Studio is merely our determination, entirely for our own purposes, that the Studio site meets our current criteria.
Our consent does not constitute a representation or warranty of any kind, express or implied, of the Studio's suitability, and you confirm that you have not relied, and will not rely, on our approval for that purpose.
You recognize that demographic and/or other factors could change at any time before or during the term of this Franchise Agreement, altering the Studio's potential and suitability.
Your selection of the Studio is based on your own independent investigation of, or agreement in the future to investigate, the Studio's suitability.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to Extreme Art Studio's 2024 Franchise Disclosure Document, Extreme Art Studio retains the right to inspect a studio that a franchisee proposes before granting approval. This inspection is conducted to determine if the site meets Extreme Art Studio's current criteria. However, the approval of the studio site does not constitute a representation or warranty of any kind regarding the studio's suitability. The franchisee is responsible for their own independent investigation of the site's suitability.
Extreme Art Studio's inspection and approval process is solely for its own purposes in assessing whether the location aligns with its standards. Franchisees should not rely on Extreme Art Studio's approval as a guarantee of the site's potential or future success. Demographic and other factors can change over time, impacting the studio's viability.
This means that while Extreme Art Studio offers assistance with site selection and evaluation, the ultimate decision and responsibility for choosing a suitable location rests with the franchisee. Franchisees bear the risk of any changes in the location's suitability and should conduct thorough due diligence before committing to a site.