Ivy Kids Early Learning Center

Franchise agreement

Franchisee will use QuickBooks accounting software, and/or other software or technologies specified by Franchisor, for accounting for the Learning Center.

Item 11

We reserve the right to download profits, revenue, other data and communications from your Computer System.

Franchise agreement

Prepare by the tenth (10th) day of each calendar month during the Term a balance sheet, profit and loss statement, cash flow statement and a signed activity report for the last preceding calendar month, which will be in the form prescribed by Franchisor.

Item 8

We have the right to be an approved supplier of some items, including Products and Services.

Franchise agreement

Franchisor has formed a franchisee advisory council or association (hereinafter “Advisory Council”) to serve as an advisory council to Franchisor with respect to advertising, marketing, and other matters relating to franchised Learning Centers.

Item 11

We reserve the right to change these vendors at any time.

Item 8

In the year ending December 31, 2025, we had no revenues from required franchisee purchases.

Item 8

We may receive payments, rebates, or other compensation, from suppliers on account of the suppliers’ dealings with us, you, or other Learning Centers in the System.

Item 8

approximately 8% of your ongoing purchases in the operation of the Learning Center

Item 6

We reserve the right to charge for any costs incurred in evaluating or testing the supplier’s ability to meet the franchise specifications and delivery requirements.

Item 8

If you desire to purchase unapproved products, services, Products, and Services (except for Proprietary Products and Services, which are discussed below) or Learning Center Items from other than approved suppliers, you must submit to us a written request to approve the proposed product or supplier, together with such…

Franchise agreement

Franchisee hereby authorizes Franchisor to instruct issuers or providers of any telephone, internet domain name or hosting services, social media, and any other providers to transfer any such telephone numbers, domain names, websites, social media presence, addresses, and any other identifiers to Franchisor upon…

Franchise agreement

Franchisee will participate in all customer surveys and satisfaction audits, which may require that Franchisee provide discounted or complimentary Products and Services, provided that such discounted or complimentary sales will not be included in the Gross Sales of the Learning Center.

Item 11

We may conduct, as we deem advisable, periodic inspections of the Learning Center and may provide evaluations of the Products and Services sold and rendered at the Learning Center.

Franchise agreement

Franchisor may from time to time revise the contents of the Manual to improve or maintain the standards of the System and the efficient operation thereof, or to protect or maintain the goodwill associated with the Proprietary Marks or to meet competition, and Franchisee expressly agrees to comply with each new or…

Franchise agreement

Franchisor must approve the proposed site in writing before Franchisee may sign any purchase agreement, lease, or other occupancy document for the site.

Franchise agreement

Franchisee will spend a minimum of $7,000 per month on local advertising and promotion until the utilization rates reach seventy percent (70%) for each Learning Center.

Franchise agreement

In the event Franchisor elects to form a local marketing cooperative for Franchisee’s marketing area, Franchisee agrees to join such marketing cooperative and take any and all such additional steps as may be reasonably required by Franchisor with respect to the local marketing cooperative.

Item 8

you must purchase Proprietary Products and Services only from us or the suppliers and distributors that we designate in our sole discretion

Franchise agreement

Franchisee will purchase all equipment, fixtures, furnishings, signs, décor, supplies, toys, services, and products (including the Products) required for the establishment and operation of the Learning Center from Suppliers designated or approved in writing by Franchisor

Item 6

All fees are collected through ACH/EFT.

Franchise agreement

Without limiting the foregoing, upon opening the Learning Center Franchisee will have and maintain a minimum of two (2) managers and/or hourly employees trained in child care and activities including the front end of the Learning Center, who have completed all training and certifications required by Franchisor.

Franchise agreement

Franchisee will be responsible for having all personnel employed by Franchisee wear standard related uniforms and attire as specified by Franchisor during business hours in order to further enhance Franchisor’s product, services, and format.

Franchise agreement

Franchisee will record all sales on computer-based point of sale systems approved by Franchisor or on such other types of cash registers as may be designated by Franchisor in the Manual or otherwise in writing (“Cash Register Systems”), which will be deemed part of the Franchisee’s Computer System.

Franchise agreement

Franchisee will also afford Franchisor unimpeded access to Franchisee’s Computer System, Hardware and Required Software as Franchisor may request, in the manner, form, and at the times requested by Franchisor.

Item 6

If you request that we conduct any additional training sessions (required or voluntary) at your Learning Center rather than at our headquarters, and we do so, then we may charge you our then-current per diem training fee for that training we provide, and you will also have to reimburse us for all out-of- pocket costs…

Item 6

You are required to have at least one (1) person per Learning Center attend our franchise system conference in Katy, Texas (or such other location we designate).