Story Time Chess

Franchise agreement

Franchisee agrees to keep and maintain complete and accurate books and records of its transactions and business operations using the accounting procedures and chart of accounts specified by Franchisor.

Item 11

We may retrieve, download, analyze and store such information and data at any time.

Franchise agreement

Within fifteen (15) days after the close of each calendar quarter and within ninety (90) days after the close of each fiscal year, Franchisee will furnish Franchisor a full and complete written statement of income and expense and a profit and loss statement for the operation of the Franchised Business during said…

Item 8

Story Time Chess Franchising LLC is currently the only approved supplier of these items.

Item 8

We can, and expect to, modify our standards and specifications as we deem necessary.

Item 8

During the the fiscal year ending December 31, 2024, we did not earn any revenue from franchisees required purchases of classroom materials.

Item 8

We have the right to collect and retain any and all allowances, rebates, credits, incentives, or benefits (collectively, “Allowances”) offered by manufacturers, suppliers, and distributors to you, to us, or to our affiliates, based upon your purchases of products and services from manufacturers, suppliers, and…

Item 8

We estimate that your purchases from us or approved suppliers, or that must conform to our specifications, will represent approximately 75% of your total purchases in establishing your Franchised Business, and approximately 60% of your total purchases in the continuing operation of your Franchised Business.

Franchise agreement

Franchisor reserves the right to charge Franchisee a product or supplier evaluation fee equal to the actual cost and expense for inspection and testing.

Item 8

If you would like us to consider another item or supplier, you must make such a request in writing to us and have the supplier give us samples of its product or service and such other information that we may require.

Franchise agreement

Upon the expiration or termination of this Agreement, Franchisor may exercise its authority, pursuant to such documents, to obtain any and all of Franchisee’s rights to the telephone numbers of the Franchised Business and all related telephone directory listings and other business listings, and all Internet listings…

Item 11

conduct inspections of your Franchised Business, at the frequency and duration that we deem advisable.

Item 17

franchisees. (s) Modification of the Sections 9.4, 14.6, No oral modifications generally, but we may agreement 19.1.4 and 21.12 change the Operations Manual and System standards at any time.

Item 11

You have no obligation to locate a site, negotiate a lease, or construct or remodel premises for the office of your Franchised Business, and we provide no assistance in this regard, but you must have our prior written approval (Franchise Agreement, Section 8.1.1).

Franchise agreement

Franchisee shall not establish any website or other listing on the Internet except as provided and specifically permitted herein.

Franchise agreement

Franchisee shall spend a minimum of Five Hundred Dollars ($500.00) to Two Thousand Dollars ($2,000.00) at Franchisor’s sole discretion on a grand opening campaign during the thirty (30) days prior to and ninety (90) days following the Opening Date to promote the opening of the Franchised Business.

Item 11

Thereafter, you must spend a minimum of between $500 and $2,000 each month on advertising for the Franchised Business in your territory.

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, ordering, customer rewards, and/or gift card systems.

Item 8

You must purchase certain equipment, supplies and services from our designated suppliers or in accordance with our specifications.

Item 8

You must purchase certain equipment, supplies and services from our designated suppliers or in accordance with our specifications.

Item 8

You must use our designated supplier and vendor for credit card processing, Stripe, which may be integrated with the Tutor Cruncher system.

Franchise agreement

At Franchisor’s request, Franchisee must execute documents, including but not limited to, the Authorization set forth in Attachment 3, that allow Franchisor to automatically take the Royalty Fee and Brand Development Fund Contribution due as well as other sums due Franchisor, from business bank accounts via…

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, ordering, customer rewards, and/or gift card systems.

Franchise agreement

Franchisee shall designate and retain at all times a general manager (“General Manager”) to direct the operation and management of the Franchised Business.

Item 8

Currently you are required to purchase, license, and utilize a Tutor Cruncher point of sale and business management system with one configured hardware terminal

Item 11

The POS System allows us to access all of your sales data independently and remotely, including your Gross Revenue, through the Internet.

Item 7

4) Computer System. This is the estimate for the computer system and customer relationship management systems, including hardware and software that meets our minimum specifications as required by our Manual.

Item 11

We reserve the right to impose a reasonable fee for tuition and/or attendance for all additional training programs, including the annual business meeting or conference.

Franchise agreement

Franchisee’s failure to attend Franchisor’s business meeting or annual conference is a material default of this Agreement.