What is the estimated cost for the initial training for a Boulder Designs franchise?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
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Note 3. When you sign the franchise agreement, you will also pay us $12,000 for You and your initial manager to attend and complete one level of training (Initial Training) over the course of approximately five business days. See Item 11 for more details on Initial Training. Initial Training amount is fully earned and nonrefundable upon completion of your training. If you do not successfully complete the initial training, we reserve the right to deduct any amount from your Initial Training Fee to cover our expense and the cost of providing the initial training course in addition to you paying us the On-Site Training Cancellation Fee. If you purchase two Boulder Designs franchised business, you will only need to attend the training once so long you have not appointed a new Internal Manager. If you transfer controlling interest to a new owner, and/or you appoint a new Internal Manager, you are subject to additional training costs associated with training such new owners and/or intern
Source: Item 7 — ESTIMATED INITIAL INVESTMENT YOUR ESTIMATED INITIAL INVESTMENT SINGLE FRANCHISE (FDD pages 16–19)
What This Means (2025 FDD)
According to Boulder Designs's 2025 Franchise Disclosure Document, the estimated cost for initial training is $12,000. This fee is a lump sum payment due upon signing the franchise agreement and is payable to Boulder Designs. The initial training covers the franchisee and their initial manager and consists of one level of training over approximately five business days.
Upon completion of the training, the $12,000 is considered fully earned and is nonrefundable. However, if the franchisee does not successfully complete the initial training, Boulder Designs reserves the right to deduct expenses from the initial training fee to cover their costs of providing the training, in addition to the franchisee paying an On-Site Training Cancellation Fee.
If a franchisee purchases two Boulder Designs franchises, they only need to attend the training once, provided they have not appointed a new Internal Manager. Transferring controlling interest to a new owner or appointing a new Internal Manager will incur additional training costs. This initial training fee covers the cost for the franchisee and their initial manager to attend the training.