factual

What fees might Extreme Art Studio charge for additional guidance, assistance, or training?

Extreme_Art_Studio Franchise · 2024 FDD

Answer from 2024 FDD Document

contents and manner of the Initial Training Program in our discretion and may delay your attendance until a suitable time near the grand opening date for your Franchised Business in our discretion.

  • 4.1.2 In the event that you (or your Operating Owner or any Designated Manager) fail to complete the Initial Training Program or On-Site Training to our satisfaction, we reserve the right to require such individual to attend additional training, and we will charge you our thencurrent training fee for such additional training (currently $200 per person per day). Such additional training will be provided at our offices in Minneapolis, Minnesota, at such location we designate or virtually. We may, but are not obligated to, provide you with additional training at your Studio, and charge you our then-current off-site training fee, plus our instructor's travel and living expenses. If you (or your Operating Owner) or any Designated Manager are unable to complete the additional training to our satisfaction, we reserve the right, in our sole discretion, to terminate this Franchise Agreement.
  • 4.1.3 If you will operate an Extreme Art Studio Businesses, before you begin providing services from your Approved Location, we will provide an on-site training program for up to three days before your grand opening at your Approved Location ("On-Site Training") for your first Extreme Art Studio Business. We will provide up to two additional days of additional on-site assistance ("Additional On-Site Assistance") approximately six months following the grand opening of your Approved Location for your first Extreme Art Studio Business Such On-Site Trainings and Additional On-Site Assistance will be provided at no charge for the first Extreme Art Studio Business you open. If you request, and we agree to provide, On-Site Training or Additional On-Site Assistance for additional Extreme Art Studio Businesses, you shall pay us our then-current training fees (currently $200 per person per day).
  • 4.1.4 You (or your Operating Owner) or any Designated Manager may request additional training in the operation of an Extreme Art Studio Business. We and you will jointly determine the duration of this additional training, and we reserve the right to charge you our thencurrent training fee for such additional training (currently $200 per person per day). However, if your attendees satisfactorily complete our Initial Training Program and have not expressly informed us at the end of the program that they do not feel sufficiently trained in the operation of an Extreme Art Studio Business, then you and they will be deemed to have been trained sufficiently to operate an Extreme Art Studio Business.
  • 4.1.5 We may require you (or your Operating Owner) or any Designated Manager, and/or certain other employees of the Franchised Business to attend various training courses, meetings, conferences and seminars, which may include an annual meeting of franchise owners, at the times and locations that we designate; provided that we will not require physical attendance at such events for more than a total of ten business days per calendar year. We may charge you our then-current fee (currently $2,000 for up to two attendees of which $500 is credited back if at least one person attends), plus expenses; and our then-current fee for each additional attendee (currently $500), for any conference or convention, regardless of whether or not you attend the conference. If you purchase more than one Extreme Art Studio Business, you must send up to two attendees total to the conventions and conferences, and you may send more attendees if you pay the additional convention fee for additional attendees.

Source: Item 22 — CONTRACTS (FDD page 49)

What This Means (2024 FDD)

According to Extreme Art Studio's 2024 Franchise Disclosure Document, several fees may be charged for additional guidance, assistance, or training. If a franchisee (or their Operating Owner or Designated Manager) fails to complete the initial training program or on-site training to Extreme Art Studio's satisfaction, they may be required to attend additional training. The current training fee for this additional training is $200 per person per day. This training will be provided at Extreme Art Studio's offices in Minneapolis, Minnesota, or at a location they designate, or virtually.

Additionally, while Extreme Art Studio provides on-site training and assistance at no charge for the first Extreme Art Studio Business, requesting on-site training or additional on-site assistance for subsequent businesses will incur the then-current training fees, which are currently $200 per person per day. Franchisees (or their Operating Owner or Designated Manager) may also request additional training in the operation of an Extreme Art Studio Business. The duration of this training will be jointly determined, and Extreme Art Studio reserves the right to charge the then-current training fee, also currently $200 per person per day.

Furthermore, Extreme Art Studio may require franchisees (or their Operating Owner or Designated Manager) and/or certain other employees to attend various training courses, meetings, conferences, and seminars, including an annual meeting of franchise owners. While physical attendance at these events will not exceed ten business days per calendar year, Extreme Art Studio may charge a fee for these events. The current fee is $2,000 for up to two attendees (with $500 credited back if at least one person attends) and $500 for each additional attendee. Finally, if a franchisee requests additional or special guidance, assistance, or training, Extreme Art Studio may charge its then-applicable fee, including personnel's per diem charges and travel and living expenses.

Disclaimer: This information is extracted from the 2024 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.