What is the Boulder Designs Franchisee required to pay upon termination or expiration of the Franchise Agreement regarding telephone listings and numbers?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
At Franchisor request, Franchisee will immediately sign all documents, pay all monies, and take all other action necessary to transfer the listings and numbers to Franchisor.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs's 2025 Franchise Disclosure Document, upon termination or expiration of the Franchise Agreement, the franchisee may be required to pay monies to transfer telephone listings and numbers to Boulder Designs. Specifically, the franchisee agrees to immediately discontinue use of all listings and numbers upon termination or expiration of the agreement.
At Boulder Designs's request, the franchisee must sign all documents and take all necessary actions to transfer the listings and numbers to Boulder Designs. The franchisee is responsible for paying all monies required to complete this transfer. This requirement is part of the broader obligations the franchisee has upon termination or expiration, which include ceasing operation of the franchised business and discontinuing the use of confidential information, systems, and marks associated with Boulder Designs.
Additionally, if the franchisee desires to continue operating a non-competitive business after the termination of the agreement, they must make modifications to the business to differentiate it from other Boulder Designs franchises. This includes changes to the location and potentially the telephone numbers to prevent any association between Boulder Designs and the subsequent business. The franchisee is responsible for any costs associated with these modifications.