What is the definition of 'Approved Location' in the context of a Boulder Designs franchise agreement?

According to Boulder Designs' 2025 Franchise Disclosure Document, the "Approved Location" is defined as the site selected by the franchisee and approved in writing by Boulder Designs for operating the franchised business.

A prospective Boulder Designs franchisee should understand that selecting a suitable location is a crucial step in establishing their business. The franchisee may choose to operate from a private residence or a commercial business office, provided it is within the designated territory. If not operating from home, the franchisee must submit a Site Selection form to Boulder Designs with supporting data. Boulder Designs has the right to approve or disapprove a proposed location based on factors such as the condition of the premises, demographics, proximity to competitors, lease requirements, and overall suitability.

Boulder Designs will notify the franchisee of their decision within 30 calendar days after receiving all required information. While Boulder Designs will not unreasonably withhold approval, disagreements on location can lead to delays or even termination of the franchise agreement, without a refund of the initial franchise fee or other deposits. However, if Boulder Designs fails to respond in writing to the site selection request within 45 calendar days, the site is deemed approved if it is within the franchisee's territory. If operating from the franchisee's home, the site is automatically approved upon submission, provided it is within the franchisee's territory.

The franchisee is restricted from using the Approved Location for any purpose other than operating the Boulder Designs business in compliance with the franchise agreement and operations manual. Furthermore, the franchisee cannot relocate the business without prior written consent from Boulder Designs. This highlights the importance of carefully selecting an appropriate location at the outset, as it directly impacts the franchisee's ability to operate and grow their Boulder Designs business.