How much are the implementation fees for the set-up of the DB Software for an Extreme Art Studio Business?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
dule that you purchase. You will be responsible for implementation fees charged for the set-up of the DB Software ($1,500) and the CR Software ($500). You will be responsible for the monthly fees to license the CR Software. Currently, those fees range from $5 to $535 per month. The monthly CR Software Fee will be reevaluated at the end of each calendar year based on volume. You will also be responsible for monthly fees to license the DB Software ranging from
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 27–37)
What This Means (2024 FDD)
According to Extreme Art Studio's 2024 Franchise Disclosure Document, franchisees are responsible for implementation fees for setting up the DB Software. The implementation fee for the DB Software is $1,500.
In addition to the implementation fee, Extreme Art Studio franchisees will also be responsible for monthly fees to license the DB Software, which range from $225 to $300 per month. These fees cover the franchisee's use of Extreme Art Studio's online systems, website, applications, email, data sharing, integration, and maintenance of the DB Software, learning management software, and search engine optimization.
The Computer System, including the DB Software, is essential for managing the daily operations of the Extreme Art Studio Business. It helps coordinate customer scheduling, collect information about students and their parents, and manage prices and sales data. Franchisees must also maintain a high-speed internet connection at the Studio to ensure the Computer System functions properly.