Under what condition can an Extreme Art Studio franchisee offer the Module curriculum?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
You can only offer the Module curriculum if you have purchased the optional Module(s).
Source: Item 16 — RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL (FDD pages 42–43)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, an Extreme Art Studio franchisee can only offer the Module curriculum if they have purchased the optional Module(s). This means that the franchisee must make an additional investment to acquire the rights to use and offer the Module curriculum as part of their Extreme Art Studio business.
This condition highlights the importance of carefully considering the optional Module curriculum when evaluating the Extreme Art Studio franchise opportunity. While the Modules may offer additional revenue streams and enhance the services provided by the studio, franchisees need to factor in the initial costs and ongoing fees associated with purchasing and utilizing the Modules.
Furthermore, the FDD mentions that Kidcreate franchises may also offer the Modules, and if there is a Kidcreate franchise in the Extreme Art Studio franchisee's territory, they may offer identical curriculum under the Modules. This could lead to direct competition within the same territory, so prospective franchisees should carefully evaluate the competitive landscape and potential market saturation before investing in the Modules. It is important to note that purchasing the Modules also entails paying a monthly module technology fee of $250, beginning the first day of the second month after signing the Franchise Agreement.