LARKS Entertainment

What are the specific details and outcomes of the 10 litigation cases filed against the franchisor in the past 3 years, and what do they allege?

Of the 4 pending litigation cases, what is the nature of each claim and what is the estimated timeline for resolution?

Why is the technology fee of $108 monthly significantly lower than the typical range of $156.5-$877.75 for sports and recreation franchises, and is this subject to increase?

Can you explain why the transfer fee of $1,500 is substantially lower than the typical industry range of $8,937.5-$18,437.5, and whether this fee structure may change?

The system currently has only 3 units after being operational for approximately 1 year—what is the franchisee acquisition strategy and projected unit growth?

What specific circumstances led to litigation being initiated by the franchisor against 2 parties, and were these resolved or are they ongoing?

Given the 9 renewal conditions documented, what are each of these conditions and how often do franchisees fail to meet them?

What financial performance data can you provide about the 3 current operating units, including revenue ranges and profitability?

The non-compete clause restricts business activity for 2 years following termination—does this apply to a specific mile radius or the entire protected territory?

What is the anticipated timeline and approval process for renewal at the end of the initial 10-year term?

Can you provide details on whether the 18 non-curable defaults documented in the termination clause have been triggered by any existing franchisees?

What specific products, services, or equipment must be purchased exclusively from franchisor-designated sole source suppliers?

How does the franchisor support franchisees during the required 12-month advance notice period before renewal, and what happens if a franchisee does not provide notice?

Given the low technology fee compared to industry norms, what specific technology and support systems are included in this fee?

What percentage of the 3 current units have completed their first 12 months of operation, and what are their satisfaction levels?

Are there any regulatory investigations, complaints filed with the FTC, or state franchise regulators that are not reflected in the litigation case count?

What is the personal guarantee and spouse guarantee requirement if a franchisee's business fails, and has this been enforced in any cases?

Can you provide contact information for current and former franchisees (if any exist beyond the 3 current units) for reference checks?