What are the approved locations from which an Extreme Art Studio Franchisee can operate?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
We grant Franchises to operate Extreme Art Studio Businesses using the System and our trade names, trademarks, service marks, emblems, logos, slogans and copyrights ("Marks") as authorized by us from an approved retail location ("Studio"). The System focuses on creating a fun, immersive and experiential atmosphere where people can enjoy and express themselves through different types of art and painting activities.
You must sign our standard franchise agreement attached to this Franchise Disclosure Document as Exhibit B ("Franchise Agreement"). We may also offer to qualified candidates (subject to our approval), the opportunity to operate additional Extreme Businesses per our "Multi-Franchise Addendum" attached to this Franchise Disclosure Document as Exhibit H-7. The "Standard 2" Franchise package provides for you to operate two Extreme Art Studio Businesses. The "Standard 3" Franchise package provides for you to operate three Extreme Art Studio Businesses. Prior to opening additional Extreme Art Studio Businesses
under a Standard 2 Franchise or a Standard 3 Franchise, you will sign our then-current "Extreme Art Rider" for each additional Extreme Art Studio Business, which may differ from the Extreme Art Rider that is attached to this Franchise Disclosure Document as Exhibit H-8. You may operate one additional Extreme Art Studio Business for each Extreme Art Rider you sign. There is no development territory or development schedule to open additional Extreme Art Studio Businesses under the Multi-Franchise Addendum or Extreme Art Rider.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 9–10)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, franchisees are authorized to operate their businesses from an "approved retail location ('Studio')." This means that before a franchisee can begin operations, Extreme Art Studio must give its approval for the specific site the franchisee has chosen.
Extreme Art Studio offers options for franchisees to operate multiple businesses. Franchisees can obtain a "Standard 2" Franchise package to operate two Extreme Art Studio businesses or a "Standard 3" Franchise package to operate three businesses. To open additional locations under these packages, franchisees must sign an "Extreme Art Rider" for each additional studio.
It is important to note that there is no guaranteed development territory or schedule for opening additional Extreme Art Studio locations under the Multi-Franchise Addendum or Extreme Art Rider. This means that while a franchisee may be approved to open multiple locations, the franchisor does not commit to a specific timeline or geographic area for expansion. Prospective franchisees should discuss site selection criteria and the approval process with Extreme Art Studio to fully understand the requirements and expectations.