What are the names of the additional service modules that can be added to an Extreme Art Studio?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
- 3.7 MODULES.
You may also, at your option purchase the right to add modules of certain additional services to be offered at your Extreme Art Business, which are currently Craft Academy, Kidscientific and Little Hands Discovery.
In order to add any module, you will enter into our then-current form of Module Amendment with us, the current form of which is attached to the Franchise Disclosure Document in Exhibit H.
You acknowledge and agree that the services and curriculum offered under the modules are also offered by our affiliate's franchisees, and may be offered by competitive brands that we and our affiliates control and franchise, both within and outside of the Territory, regardless of whether you elect to add any or all modules to your Extreme Art Business.
Source: Item 22 — CONTRACTS (FDD page 49)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, franchisees have the option to purchase the right to add modules of certain additional services to their Extreme Art Studio business. These additional service modules currently include Craft Academy, Kidscientific, and Little Hands Discovery.
To add any of these modules, an Extreme Art Studio franchisee must enter into the then-current form of Module Amendment with Extreme Art Studio, with the current form attached to the Franchise Disclosure Document in Exhibit H. This amendment likely outlines the specific terms, conditions, and fees associated with incorporating the additional module into the existing franchise agreement.
It's important to note that the services and curriculum offered under these modules are also offered by franchisees of Extreme Art Studio's affiliates. Additionally, these services may be offered by competitive brands that Extreme Art Studio and its affiliates control and franchise, both within and outside of the franchisee's territory. This means that even if a franchisee chooses to add one or more of these modules, they may still face competition from other businesses offering similar services, including those affiliated with Extreme Art Studio.