Marigold Academy

Franchise agreement

At all times, Franchisee shall provide and permit Franchisor to maintain direct and independent access to the Business Management System and Franchisee shall electronically transfer and transmit to Franchisor all Business Management System Data;

Franchise agreement

within 15 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…

Franchise agreement

Franchisor reserves the right to designate from time to time a single supplier and/or distributor for any services, products, equipment, supplies, or materials including, but not limited to, the System Supplies and to require Franchisee to use such a designated supplier exclusively, which exclusive designated…

Item 8

As of the December 31, 2024, we have not received revenues or rebates from suppliers from franchisee purchases of source restricted products or services.

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 80% of the on-going operating expenses of the Franchised Business.

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

In the event of the termination of this Agreement, for any reason, that the accounts related to all 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’S RIGHT TO INSPECT Franchisor has the right at any and all times during business hours, throughout the terms of this Agree and 42 Marigold Academy FDD April 7, 2025 without prior notice to Franchisee, to inspect Franchisee’s Center.

Item 11

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

Item 11

Although you are responsible for selecting a site for your Center Location you must obtain our approval of your Center Location.

Item 11

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

Item 7

You must spend a minimum of the amount we designate of $45,000 to $50,000 prior to the opening your Center to promote your grand opening.

Item 11

On an on-going annual basis, you must spend not less than 1% of your Gross Sales or $1,000 per month, whichever is greater, on the local marketing of your Center.

Franchise agreement

customer service and satisfaction standards including, customer rewards programs, refund policies, gift card policies, special promotions and other customer incentive and goodwill programs

Franchise agreement

If Franchisee’s Center or Designated 36 Marigold Academy FDD April 7, 2025 Territory is located within the geographic area of an Advertising Cooperative, franchisee must participate in and contribute to the Advertising 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.

Franchise agreement

Royalty Fee payments will be paid weekly and sent by ACH, electronic funds transfer, or as otherwise designated by Franchisor and shall be due on the Monday of each weekly Accounting Period (for the preceding week and each week thereafter throughout the entire Term of this Agreement) or such other specific day of the…

Item 15

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

Item 11

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

Currently, the designated point of sale system that you must license and use is ProCare, and as otherwise designated by us in the Manuals.

Item 11

We will have and you must provide us with, 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 Center.

Franchise agreement

“Business Management System” refers to and means the software, internet, web based and/or cloud based system or systems, point of sale system or systems and customer relationship management system 2 Marigold Academy FDD April 7, 2025 or systems as same may be individually, or collectively, designated by Franchisor…

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.