Does the Boulder Designs franchisee acknowledge receiving and understanding the franchise agreement and disclosure document?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee agrees that no representations have been made to the Franchisee concerning this Agreement or the BOULDER DESIGNS franchise other than as contained in this Agreement and in the Franchise Disclosure Document Franchisee has received before the Franchisee signed this Agreement. Franchisee agrees that no claims,
representations, warranties, or guarantees, express or implied, regarding actual or potential earnings, sales, profits, or success of your BOULDER DESIGNS franchise have been made to the Franchisee other than as set forth in Item 19 of the FDD.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, franchisees must acknowledge that they have received and understood the franchise agreement and disclosure document. This acknowledgment is part of ensuring that the franchisee is fully aware of the terms, conditions, and obligations involved in the franchise relationship.
Specifically, the franchisee agrees that no representations have been made to them concerning the Boulder Designs franchise other than what is contained in the Franchise Agreement and the Franchise Disclosure Document (FDD) they received before signing the agreement. This clause aims to prevent franchisees from claiming reliance on verbal promises or representations not documented in the official franchise documents. The franchisee also confirms that no unauthorized claims, representations, warranties, or guarantees regarding potential earnings, sales, profits, or success have been made, except as explicitly stated in Item 19 of the FDD.
Furthermore, the FDD includes a table where the prospective franchisee acknowledges the dates of receiving the FDD, the franchise agreement, and any addenda. They also acknowledge the date of their first face-to-face meeting with a Boulder Designs representative and the earliest date they delivered any payment to Boulder Designs. This detailed acknowledgment process ensures that the franchisee has had ample opportunity to review all relevant documents and information before committing to the franchise.
In addition to acknowledging receipt of the documents, the franchisee also represents that they have conducted an independent investigation of the business and understand the risks involved. They acknowledge that Boulder Designs makes no guarantees regarding the potential success of the business and that the franchisee's success depends on their own abilities and efforts. This acknowledgment underscores the importance of due diligence and independent assessment by the franchisee before entering into the franchise agreement.