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What is the condition for the payment of the Franchise Fee for a Boulder Designs franchise in South Dakota?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

Section 3.1 of the Franchise Agreement is amended to reflect that payment of Franchise Fee will be deferred until Franchisor has met its initial obligations to Franchisee, and Franchisee has commenced doing business.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to the 2025 Boulder Designs Franchise Disclosure Document, there is no specific information provided regarding the condition for payment of the Franchise Fee for a Boulder Designs franchise in South Dakota. However, the FDD does state that for North Dakota, Section 3.1 of the Franchise Agreement is amended to reflect that payment of the Franchise Fee will be deferred until Boulder Designs has met its initial obligations to the franchisee, and the franchisee has commenced doing business.

Without specific information for South Dakota, prospective franchisees should inquire directly with Boulder Designs about the payment terms and conditions for the franchise fee in South Dakota. This will help them understand when the fee is due and what conditions must be met before payment is required. Understanding the payment schedule is crucial for financial planning and ensuring sufficient capital is available when needed.

It is important to note that franchise agreements can vary by state to comply with local regulations. Therefore, franchisees should always seek clarification on any state-specific amendments or conditions that may apply to their agreement. This ensures full compliance and avoids potential misunderstandings or disputes later on.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.