What is the current cost for training a new owner or Internal Manager for a Boulder Designs franchise?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
r travel arrangements.
If you transfer controlling interest in the franchise, and/or replace your Internal Manager, your new owner and the new Internal Manager must attend and successfully complete our initial training program. We reserve the right to charge you our then-current rate for the training of a new owner or Internal Manager, currently $7,250. You must pay for all travel costs and living expenses for
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 24–32)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, if a franchisee transfers controlling interest or replaces their Internal Manager, the new owner or Internal Manager must attend and successfully complete the initial training program. Boulder Designs reserves the right to charge its then-current rate for this training, which is currently $7,250. This fee covers the training itself.
In addition to the training fee, the franchisee is responsible for covering all travel costs and living expenses for each attendee. This includes transportation, accommodation, meals, and any other related costs incurred by the new owner or Internal Manager during the training period. These additional expenses can significantly increase the overall cost of training a new owner or manager.
It is important for prospective Boulder Designs franchisees to factor in these potential training costs when considering the long-term financial implications of the franchise. If a franchisee anticipates needing to replace an Internal Manager or transfer ownership, they should budget accordingly for both the training fee and the associated travel and living expenses. This ensures that they are prepared for these costs and can maintain the continuity of their business operations.