Magikid

Item 11

We will have independent access to all of the information and data that is electronically transmitted on your point of sale system and will have access to all data related to the financial performance of your Lab.

Franchise agreement

within 30 days of the end of each calendar month Franchisee shall submit to Franchisor monthly financial statements and other reports related to the operations of the Franchised business including, but not limited to, income statement, statement of cash flows, balance sheet, and other operational reports designated…

Item 8

Our predecessor/affiliate, Angell Echo Inc. is currently designated as an approved supplier of our proprietary learning management system, as well as our proprietary curriculum.

Item 8

We may designate a supplier, including ourselves or our affiliates, as the exclusive supplier for the System.

Item 8

During our fiscal year ending December 31, 2025, we did not receive any revenues from franchisee purchases.

Item 8

We and/or our affiliates may receive rebates, payments and other material benefits from suppliers based on your purchases and we reserve the right to institute and expand rebate programs in the future.

Item 8

approximately 20% to 40% of your total purchases in the continuing operations of your Lab

Item 8

We may charge you a fee equal to the costs and expenses that we incur in reviewing and evaluating an alternate supplier, product, and/or service requested by you.

Item 8

If you want to purchase or lease a source restricted item from a supplier that has not been previously approved or designated by us in writing, you must send us a written request for approval and submit additional information, samples, and testing data that we may request.

Franchise agreement

telephone numbers associated with the Franchised Business and all rights in and to the telephone numbers associated with the Franchised Business, shall, at Franchisor’s election, be transferred to Franchisor.

Franchise agreement

Franchisor, in Franchisor’s Reasonable Business Judgement, shall exclusively select the Reputation Management Services to be used by Franchisee and to determine and select the websites, social media sites, reporting services, surveys, and service platforms to be included in any evaluation and/or determination of…

Franchise agreement

Franchisor has the right at any and all times during business hours, throughout the terms of this Agree and without prior notice to Franchisee, to inspect Franchisee’s Lab.

Item 11

At all times, we reserve the right to supplement, modify and update the Manuals.

Item 11

Before you enter into a lease or other agreement for your Lab Location you must obtain our approval.

Item 11

You may not use any websites, web-based media or digital media unless expressly approved by us in writing.

Franchise agreement

Not less than 30 days prior to the opening of the Franchised Business, Franchisee shall spend not less than $4,000 to market and promote the grand opening of the Franchised Business in accordance with Franchisor’s standards and specifications;

Item 11

On an on-going and monthly basis, you must spend not less than 2% of your monthly Gross Sales on the local marketing of your Business.

Franchise agreement

participate in, offer, redeem, and honor, without the offset to any fees due to Franchisor, all Gift Card and customer loyalty programs designated by Franchisor

Item 11

If we establish a cooperative within a market that includes your Lab you must contribute to the cooperative in such amounts and frequency as determined by the cooperative.

Item 8

You must purchase the System Supplies, as designated by us, from us, our affiliates, and/or our designated suppliers.

Item 8

You may only use those products, supplies, equipment, technology systems, and services that we authorize and designate in writing.

Item 8

Credit Card Processing – You must use our designated supplier and vendor for credit card processing which may be integrated with the point of sale system that we designate.

Item 6

Will be debited automatically from your bank account by ACH or other means designated by us.

Item 8

You must use our designated supplier and vendor for the ability to access and use online, point of sale integrated, web based, and/or app based, 18 Magikid FDD March 31, 2026 ordering, customer rewards, and/or gift card systems.

Item 15

At all times, your Lab must be managed and supervised on-site by either a Managing Owner or Operating Manager.

Item 11

For the protection of the System, you must ensure that all employees wear and maintain the proper uniforms with our approved System branded apparel and uniforms including, but not limited to, the apparel and uniforms comprising System Supplies.

Item 11

You must purchase, license and use the computer, point of sale, business management, and ordering systems that we designate.

Franchise agreement

Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

Franchisee or, if Franchisee is a Corporate Entity, Franchisee’s Managing Owner and Manager, at Franchisee’s sole cost and expense, must attend and successfully complete all refresher training courses or system-wide training courses, additional training programs and seminars as Franchisor periodically may designate…

Item 6

If we offer a franchisee annual conference in a given year you will be required to attend the conference on the dates and at the location that we designate.