The Swing Bays

Item 11

We reserve the right to have independent access to any data you collect electronically.

Item 6

You must maintain for at least five fiscal years from their preparation complete financial records for the operation of the Facility in accordance with generally accepted accounting principles and must provide us, at our request, with weekly Gross Revenue Reports, monthly profit and loss statements, annual financial…

Item 8

We reserve the right to designate ourselves or an affiliate as an approved, or the sole approved, supplier for any item you must purchase in connection with the Facility.

Item 8

Neither us nor our affiliates have derived any revenue on account of franchisee’s required purchases.

Item 8

We and/or our affiliates may derive revenue and/or other material consideration as a result of required purchases or leases by you, including, without limitation, for purchases made in accordance with specifications or standards required by us, or from suppliers approved by us.

Item 8

approximately 60% to 80% of your annual costs to operate your Facility on an ongoing basis.

Item 8

In the event you wish to purchase any unapproved item, including inventory, and/or acquire approved items from an unapproved supplier, you must provide us the name, address and telephone number of the proposed supplier, a description of the item you wish to purchase, and the purchase price of the item, if known.

Item 17

immediately cease using your telephone number and listing and, if we exercise our rights under the collateral assignment of telephone numbers, transfer the numbers and listings to us within 15 calendar days

Item 6

If any audit reveals that you have understated your Royalty, Fund Contributions, or your LSM, by more than 2%, or if you have failed to submit timely reports and/or remittances for any two reporting periods within any 12-month period, you must pay the reasonable cost of our audit and/or inspection, including the cost…

Item 8

We reserve the right to formulate and modify our standards and specifications for operating a Facility, including standards and specifications for products, signs, interior designs and furnishings, supplies, fixtures, inventory and equipment by written notice to you or through changes in the Operations Manual.

Item 12

You will operate the Facility from only the Approved Location which will be identified on the Data Sheet of the Franchise Agreement.

Item 11

Except as approved in advance in writing by us, you may not establish or maintain a separate website, splash page, profile or other presence on the Internet, or otherwise advertise on the Internet or any other public computer network in connection with the Facility, including any profile on Facebook, Pinterest…

Item 7

You are required to spend at least $25,000 on grand opening marketing and advertising during the period 30 days immediately prior to opening and 30-60 days immediately following the opening of your Facility (“Grand Opening Advertising Requirement”) if this is your first Facility in a specific market.

Item 11

you must spend a minimum amount of 1% of the Gross Revenues generated by your Franchised Business each month in connection with the local advertising, marketing, and promotion of your Franchised Business within your Territory.

Item 11

If a Cooperative is established applicable to the Facility, you must participate in and contribute to such Cooperative.

Item 8

You must purchase, among other items, branded merchandise, other retail inventory, computer software, and virtual golf equipment from designated or approved suppliers.

Item 8

You must purchase, among other items, branded merchandise, other retail inventory, computer software, and virtual golf equipment from designated or approved suppliers.

Item 6

Under the EFT Program, we will automatically deduct all payments owed to us under the Franchise Agreement or any other agreement between you and us, from your bank account.

Item 15

Your Facility must, at all times, be staffed with at least one individual who has successfully completed our initial training program.

Item 11

(ii) the POS System from our designated supplier, along with registers with cash drawers and receipt printers, iPad kiosks, and two Stripe tap- to-pay devices;

Item 11

We reserve the right to have independent access to any data you collect electronically.

Item 8

You must purchase the computer hardware and software we designate for use in connection with the operation of your Facility.

Item 11

We reserve the right to charge a tuition fee for these additional training programs in the future in our sole discretion.