Is there a specific notification required from Extreme Art Studio before I can open my business?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
You may not open your Extreme Art Studio Business until: (1) we notify you in writing that all of your pre-opening obligations have been fulfilled; (2) you have completed the initial training program to our satisfaction and have commenced the on-site assistance program; (3) all amounts due to us have been paid; (4) we have been furnished with copies of all insurance policies and certificates required by the Franchise Agreement, or other documentation of insurance coverage and payment of premiums that we request; (5) you notify us that all approvals and conditions set forth in the Franchise Agreement have been met; (6) you have received all required permits and licenses; and (7) you have ordered, received and installed your equipment, supplies, inventory and computer system. You must be prepared to begin operating your Extreme Art Studio Business after we state that your Extreme Art Studio Business is ready for opening.
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, you cannot open your Extreme Art Studio Business until Extreme Art Studio notifies you in writing that all of your pre-opening obligations have been fulfilled. This written notification is contingent upon several factors.
Before opening, you must complete the initial training program to Extreme Art Studio's satisfaction and commence the on-site assistance program. Additionally, all amounts due to Extreme Art Studio must be paid, and you must furnish copies of all required insurance policies and certificates. You must also notify Extreme Art Studio that all approvals and conditions outlined in the Franchise Agreement have been met, and you must have received all required permits and licenses.
Finally, you need to have ordered, received, and installed all necessary equipment, supplies, inventory, and the computer system. Once these conditions are met and Extreme Art Studio provides written confirmation, you must be prepared to begin operating your Extreme Art Studio Business.