What factors are considered when Extreme Art Studio approves a relocation request?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
You may not relocate your Extreme Art Studio Business without our approval. Our approval will be based on our then-current standards for demographics and location requirements such as traffic, suitability, and competition as well as those for build out, design, floorplan and décor.
Source: Item 12 — TERRITORY (FDD pages 37–39)
What This Means (2024 FDD)
According to Extreme Art Studio's 2024 Franchise Disclosure Document, a franchisee cannot relocate their Extreme Art Studio Business without the franchisor's approval. Extreme Art Studio's approval for relocation will be based on their then-current standards for demographics and location requirements. These requirements include factors such as traffic, suitability, and competition.
In addition to location-based factors, Extreme Art Studio will also consider standards for build out, design, floorplan, and décor when reviewing a relocation request. This means that the new location must meet Extreme Art Studio's current specifications for the physical space and aesthetic appearance of the studio.
Prospective franchisees should carefully consider these factors and discuss them with Extreme Art Studio before signing a franchise agreement. Understanding the criteria for relocation approval is essential for franchisees who may need or want to move their business in the future. It is also important to note that the standards are those that are current at the time of the relocation request, which means they could change over time.