Top Shot Franchising

Franchise agreement

You must establish and maintain, at your sole expense, a bookkeeping, accounting and recordkeeping system that complies with our requirements and specifications at all times during the Term.

Item 11

We have independent access to the information that is generated and stored on your Computer System.

Franchise agreement

At our option, in addition to the Monthly Reports, you must submit to us, no later than 90 days after the end of each fiscal year, the following information concerning the fiscal year, which you must certify as correct: (a) A statement of Gross Revenues for the year as finally adjusted and reconciled after the close…

Item 8

We, or our designated vendor, are the required vendor for all firearms simulators and related equipment, enclosures for portable equipment, firearms and accessories used on the simulators, camera systems for monitoring and retrieval of customer session, back-office support for scheduling, CRM and financial reporting…

Franchise agreement

We have the right to change the System Suppliers at any time during the Term.

Item 8

In the year ending December 31, 2023, revenues from sale of required products and services to franchisees was $0 or representing 0% of our total revenues of $0.

Item 8

We may receive revenue or other consideration from any other suppliers for goods and services that we require or advise you to purchase.

Item 8

We estimate the cost of purchasing required products and services will represent about 60% of your total purchases in establishing your franchise and about 30% of your total purchases during the operation of your franchise.

Item 8

We may charge you a supplier evaluation fee (the reasonable cost of the inspection and the actual cost of the test) to make the evaluation.

Item 8

If you would like to purchase any items from any unapproved supplier, then you must submit to us a written request for approval of the proposed supplier.

Franchise agreement

This assignment becomes effective automatically on termination or expiration of Assignor’s franchise.

Franchise agreement

You also are solely responsible for compliance with all laws and payment card provider standards relating to the security of customer and member information, including information generated through the Computer System, including the Payment Card Industry Data Security Standards.

Franchise agreement

We may periodically coordinate or conduct market research studies and/or similar programs and you agree to assist us in collecting and disclosing to us or our designee, information from your customers or members, including surveys and other questionnaires or similar information gathering methods.

Item 11

As we deem advisable, conduct inspections and/or audits of your Unit Franchise, including evaluations of its training methods, techniques, and equipment; its staff; and the services rendered to its customers (Franchise Agreement – Sections 7.6 and 9.5).

Franchise agreement

You agree that, to ensure that the System remains competitive and responds to changes in technology, customer and member preference, and other factors, we may, by written notice to you, add to, delete from, modify, or otherwise change the System and the Manual, including without limitation by adding new or enhanced…

Item 11

Unless we agree otherwise, you must locate and select a proposed site for the Premises that is acceptable to us as suitable for the operation of a Unit Franchise.

Franchise agreement

Except as we approve in advance in writing, you must 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 social media platform or other public computer network in connection with the Unit Franchise, including any…

Item 11

You must spend at least $12,000 to $24,000 on grand opening marketing beginning no later than 30 days before the opening of your Unit Franchise and ending 60 days after the opening date (the “Grand Opening Period”).

Item 11

In addition to your contributions to the Ad Fund, you must spend $500 each month during the term of your Franchise Agreement (the “Minimum Local Advertising Requirement”).

Franchise agreement

You agree that we have the right to require you to offer and participate in member programs, including charitable promotions, loyalty programs, reciprocity and transfer programs, discounts and other promotions at your sole expense.

Item 11

You must join and participate in any Advertising Cooperative (“Co-op”) covering your Unit Franchise that we establish.

Item 8

You must purchase these products, supplies, insurance, etc. solely from suppliers (including distributors, manufacturers, and other sources) who we have approved in writing.

Item 8

You must purchase these products, supplies, insurance, etc. solely from suppliers (including distributors, manufacturers, and other sources) who we have approved in writing.

Item 6

We require that all fees payable to us or our affiliates be paid through an electronic funds transfer, including automatic debits from your bank account, unless we specify otherwise.

Item 11

You must use our approved POS Software and Scheduling Software (Mindbody) which is currently $600 per month.

Item 11

We have independent access to the information that is generated and stored on your Computer System.

Item 11

You must use the computer hardware and software (collectively, “Computer System”) that we periodically designate to operate your Unit Franchise.

Item 11

We also may offer additional or refresher training courses periodically.