Extreme Art Studio franchise
2024 filing · May 2, 2024
Extreme Art Studio at a glance
A children's art studio running classes, camps, parties and school enrichment programs.
The business
- Franchisor
- Extreme Art Studio Franchising, LLC
- The company that sells the franchises
- Franchising since
- 2023
- Franchisor based in
- Eden Prairie, Minnesota
What you pay
- Cost to open
- $119K–$362K
- Fee, build-out and opening working capital
- Franchise fee
- $45,000
- $80,000 for two territories and $110,000 for three
- Royalty
- 8% + minimum
- The greater of 8% of gross sales or $500 a month
- Brand fund
- 1%
- 1% of gross sales, paid with the royalty
- Agreement length
- 10 years
- Territory
- Limited
- Limited protection
- Franchisor financing
- None offered
Where it is
- US locations, 2023
- 0
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 0
- Change in 3 years
- 0
- Franchised locations, 2021–2023
From Extreme Art Studio Franchising, LLC’s 2024 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Extreme Art Studio among all franchises with the same figure.
| Figure | Extreme Art Studio | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $240,243 | Costs less than 64% of franchises |
| Franchise feePaid once, when you sign | $45,000 | Higher than 55% of franchises |
| RoyaltyShare of sales paid to the franchisor | 8% | Higher than 85% of brands with a set rate |
| US locationsFranchised and company-owned | 0 | Fewer than 97% of franchises |
How much a Extreme Art Studio franchise costs
Opening one Extreme Art Studio costs an estimated $118,830 to $361,655. That covers the franchise fee and everything else needed to open, through the first months of working capital.
The biggest costs are leasehold improvements ($25,000 to $125,000) and optional modules ($0 to $45,750). Here is every line of the estimate as filed:
| What it pays for | Range | Low | High |
|---|---|---|---|
| Initial Franchise Fee | $45,000 | ||
| Furniture, Fixtures, and Equipment | $9,500 | $15,000 | |
| Initial Inventory and Supplies | $4,500 | $5,500 | |
| Insurance | $1,000 | $2,500 | |
| Business Licenses and Permits | $50 | $300 | |
| Professional Fees | $1,000 | $2,500 | |
| Signage | $2,500 | $12,000 | |
| Computers & Hardware | $1,000 | $2,000 | |
| DB Software Implementation Fee | $1,500 | ||
| CR Software Implementation Fee | $500 | ||
| Grand Opening Promotion | $5,000 | $10,000 | |
| Uniforms | $100 | $200 | |
| Initial Training Expenses | $2,000 | $3,000 | |
| Technology Fees | $400 | ||
| CR Software Fee for Three Months | $105 | $1,605 | |
| DB Software Fee for Three Months | $675 | $900 | |
| Rent, Security Deposit, Utility Deposit | $5,000 | $15,000 | |
| Optional Modules | $0 | $45,750 | |
| Opening Extension Fee | $0 | $9,000 | |
| Construction Management Fee | $0 | $22,000 | |
| Leasehold Improvements | $25,000 | $125,000 | |
| Architect | $5,000 | $12,000 | |
| Liquor License | $0 | $15,000 | |
| Additional Funds – Three Months | $9,000 | $15,000 | |
| Total | $118,830 | $361,655 | |
Source: Extreme Art Studio Franchising, LLC, 2024 filing, page 19
Extreme Art Studio franchise fee
The franchise fee is $45,000, $80,000 for two territories and $110,000 for three. You pay it when you sign the franchise agreement.
Source: Extreme Art Studio Franchising, LLC, 2024 filing, page 11
Royalty and ongoing fees
| Royalty | The greater of 8% of gross sales or $500 a month. |
|---|---|
| Brand or marketing fund | 1% of gross sales, paid with the royalty. |
| Module Technology Fee | $250 per month per Module |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Extreme Art Studio Franchising, LLC, 2024 filing, pages 13 and 14
Other fees as filed, from page 15. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Extreme Art Studio does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Extreme Art Studio Franchising, LLC, 2024 filing, page 47
How Extreme Art Studio compares
Of the 168 entertainment franchises on this site, Extreme Art Studio is the 39th cheapest to open and the 150th largest by number of locations.
| Figure | Extreme Art Studio | Typical entertainment brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $119K | $286K | $222K |
| Cost to open, high end | $362K | $598K | $477K |
| Franchise fee | $45K | $45K | $40K |
| Royalty | 8% | 6% | 6% |
| Brand fund | 1% | 1.3% | 2% |
| US locations | 0 | 8 | 21 |
| Shares earnings figures | No | 113 of 168 | 2,147 of 3,352 |
Typical is the median across the 168 brands in entertainment franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2021 | 0 (0) | 0 | 0 | 0 |
| 2022 | 0 (0) | 0 | 0 | 0 |
| 2023 | 0 (0) | 0 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Extreme Art Studio Franchising, LLC, 2024 filing, page 48
Who owns Extreme Art Studio?
Extreme Art Studio franchises are sold by Extreme Art Studio Franchising, LLC. It is a subsidiary of Lara Schinke-Olson, Inc.
From Extreme Art Studio Franchising, LLC’s 2024 filing, page 9.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Extreme Art Studio Franchising, LLC, 2024 filing, litigation on page 11, bankruptcy on page 11
Extreme Art Studio filings
The figures on this page come from Extreme Art Studio Franchising, LLC’s 2024 filing, issued May 2, 2024, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2024 filing | May 2, 2024 | NASAA depository | Costs, fees and locations, 2021–2023 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other entertainment franchises
All entertainment franchises
Extreme Art Studio is also on these lists: education franchises.