About Extreme Art Studio Franchise
Extreme Art Studio is a creative arts franchise operated by Extreme Art Studio Franchising, LLC, a Minnesota based company formed in 2023 under parent entity Lara Schinke Olson, Inc.
With a franchise fee of $45,000, the brand provides entrepreneurs with the opportunity to open and operate art studio locations that offer creative experiences to the public.
The franchise model centers on providing art classes, workshops, and creative events in a fun, engaging studio environment.
Extreme Art Studio Franchise Cost & Fees
| Fee Type | Amount | Notes |
|---|---|---|
| Initial Franchise Fee | $45,000 | One-time payment upon signing |
| Royalty Fee | 8% of Gross Sales of gross sales | Ongoing; paid monthly |
| Marketing/Ad Fund | $500 | National brand fund |
| Total Investment Range | $118,830 – $361,655 | Includes build-out, inventory, working capital |
The investment range of $119K–$362K reflects variability in build-out costs, store size, lease terms, and market. The combined royalty (8% of Gross Sales) and marketing fee ($500) are ongoing costs paid as a percentage of gross sales.
Investment Breakdown (Item 7)
| Item | Low | High |
|---|---|---|
| Initial Franchise Fee(1) | $45,000 | $45,000 |
| Furniture, Fixtures, and Equipment(2) | $9,500 | $15,000 |
| Initial Inventory and Supplies(3) | $4,500 | $5,500 |
| Insurance(4) | $1,000 | $2,500 |
| Business Licenses and Permits(5) | $50 | $300 |
| Professional Fees(6) | $1,000 | $2,500 |
| Signage(7) | $2,500 | $12,000 |
| Computers & Hardware(8) | $1,000 | $2,000 |
| DB Software Implementation Fee(9) | $1,500 | $1,500 |
| CR Software Implementation Fee(9) | $500 | $500 |
| Grand Opening Promotion(10) | $5,000 | $10,000 |
| Uniforms(11) | $100 | $200 |
| Initial Training Expenses(12) | $2,000 | $3,000 |
| Technology Fees (13) | $400 | $400 |
| CR Software Fee for Three Months(13) | $105 | $1,605 |
| DB Software Fee for Three Months(13) | $675 | $900 |
Additional Fees (Item 6)
| Fee Type | Amount |
|---|---|
| Transfer Fee | The greater of 8% of Gross Sales (“Royalty”) or $500 per month (“Minimum Royalty |
| Renewal Fee | This fee is commonly referred to as a “renewal fee.” Payable if you qualify for |
| Technology Fee | $400 |
| Audit Fee | You will be required to pay this if an audit reveals that you understated Gross |
| Optional Modules | $10,000 |
| Insurance | Reimbursement of our costs, plus a 20% administration charge |
| Additional Training or Assistance | $200 |
| Mystery Shopper Fee | $200 |
| Convention Fee | $2,000 |
| Supplier and Product Evaluation Fee | $100 |
| Interest | Lesser of the daily equivalent of 18% per year, or highest amount allowed by law |
| Insufficient Funds Fee | $100 |
| Management Fee | $500 |
| Unauthorized Marketing Material Fee | $500 |
| Furniture, Fixtures, and Equipment(2) | $9,500 |
| Initial Inventory and Supplies(3) | $4,500 |
| Insurance(4) | $1,000 |
| Business Licenses and Permits(5) | $50 |
| Professional Fees(6) | $1,000 |
Territory Rights (Item 12)
| Detail | Information |
|---|---|
| Territory Type | exclusive |
Renewal, Termination & Transfer (Item 17)
| Detail | Information |
|---|---|
| Renewal Term | One additional ten-year term, if you meet the requirements. |
| Termination for Cause | We may not terminate the Franchise Agreement without cause. |
Financing (Item 10)
| Detail | Information |
|---|---|
| Financing Available | No |
| Description | Does not offer financing. |
Extreme Art Studio Franchise Earnings — Item 19
Extreme Art Studio does not include an Item 19 financial performance representation in their FDD. Contact information for current and former franchisees is listed in Item 20 of the FDD.
Extreme Art Studio Litigation & Risk Flags
Litigation and bankruptcy data is sourced from Items 3 and 4 of the FDD. Always verify current status directly from the most recent FDD.
Extreme Art Studio System Growth
Extreme Art Studio currently operates 0 franchised locations and 2 company-owned units. Unit count data is sourced from Item 20 of the FDD.
Unit History (Item 20)
| Year | Opened | Closed | Total |
|---|---|---|---|
| 2021 | 0 | ||
| 2022 | 0 | ||
| 2023 | 0 |
Extreme Art Studio Franchise — FAQ
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