ITEM 1.����� THE FRANCHISOR AND ANY PARENTS.
PREDECESSORS AND AFFILIATES
To simplify the language in
this franchise disclosure document ("Disclosure Document"), the words
"we," "our" and "us" refer to Monster
Entertainment, LLC, the franchisor of this business. "You" and
"your" refer to the person who buys the franchise, whether you are a
corporation, limited liability company or other business entity. If you are a
corporation, limited liability company or other business entity, certain
provisions of this Disclosure Document also apply to your owners and will be
noted.
The Franchisor
We were formed in the State of Connecticut on March 3, 2005 to offer MONSTER MINI GOLF� franchises. Our principal business
address is 763 Westminster St., Providence, RI. We do business under our
corporate name and the name "MONSTER MINI GOLF�." We have offered
franchises for this business since 2005. We have never offered franchises in
any other line of business, and we are not engaged in any business activities
other than those described in this Disclosure Document. We have no parents or
predecessors. Our agents for service of process are listed in Exhibit B.
We grant franchises to
qualified persons or business entities in connection with the service mark
"MONSTER MINI GOLF�" and other related logos (collectively referred
to as the "Marks"). We refer to these businesses as "MONSTER MINI
GOLF� Businesses." We refer to the MONSTER MINI GOLF� Business you will
operate as the "Franchised Business."
MONSTER MINI GOLF� Businesses
are entertainment centers for children and adults that feature indoor miniature
golf, video games, redemption games and other activities, and which host
birthday parties and other events. MONSTER MINI GOLF� Businesses typically
require between 9,000 to 12,000 square feet of space and are usually located in
a non-prime rental area relatively near residential communities, although we
may allow franchisees to locate MONSTER MINI GOLF� Businesses in shopping malls
or other prime rental areas in certain circumstances. Your site should have
adequate parking and be safe and well lit at night. You must operate the
Franchised Business in accordance with our standards, methods, procedures and
specifications, which we refer to as our "System" and which is more
particularly described in our Franchise Agreement attached as Exhibit C to this
Disclosure Document. We are not engaged in any other line of business. We do
not own or operate a business of the type being franchised; however, our
members owned and operated one MONSTER MINI GOLF� Business in Danielson, Connecticut, from June 2004 to August 2006.
Our
Affiliate
Our Affiliate, Twisted Toybox,
LLC, is a Connecticut limited liability company with its principal business
address at 33 Lambert Lind Hwy, Warwick, Rhode Island 02886. Twisted Toybox is
currently the only approved supplier of the following products and services to
our franchisees: signage; sound, lighting and effects package, golf course
materials, construction materials and services, and props. See Item 7 for
additional information. Twisted Toybox does not offer, and has never offered,
franchises in any type of business and does not conduct any business other than
as described in this Disclosure Document.
General Description of the Market and Competition
Our concept is targeted to the
general public. As a franchisee, you will compete with other miniature golf
courses, arcades, facilities offering birthday party services and other similar
entertainment businesses. Your competition may be local, independently-owned businesses
or may be part of a regional or national chain or franchise. Competition may
increase due to fluctuations in tastes and habits of the public, local and
national economic conditions, population density and general traffic
conditions; these factors are generally difficult to predict.
Regulations Specific to the Industry
Some states and localities have
regulations or licensing requirements for businesses operating arcades or other
similar amusements. Otherwise, we are aware of no laws that specifically affect
MONSTER MINI GOLF� Businesses. The details of state and local regulations and
requirements vary from place to place. You should investigate whether there are
regulations and requirements that apply in the geographic area in which you are
interested in locating your Franchised Business and should consider both their
effect and cost of compliance.
