factual

What initial pre-opening obligations must Boulder Designs fulfill before collecting the initial franchise fees?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

5.5.1 BY VIRTUE OF COMMENCING OPERATIONS OF YOUR BUSINESS, FRANCHISEE ACKNOWLEDGES THAT FRANCHISOR HAS FULFILLED ALL OF ITS OBLIGATIONS TO FRANCHISEE THAT FRANCHISOR IS REQUIRED TO FULFILL PRIOR TO THE OPENING OF YOUR BOULDER DESIGNS BUSINESS.

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Boulder Designs' 2025 Franchise Disclosure Document, by commencing operations of the business, the franchisee acknowledges that Boulder Designs has fulfilled all of its obligations to the franchisee that Boulder Designs is required to fulfill prior to the opening of the Boulder Designs business.

This means that Boulder Designs does not have any further obligations to the franchisee once the business operations begin. The franchisee's act of starting the business serves as an acknowledgement that Boulder Designs has met all its pre-opening responsibilities. This places the onus on the franchisee to ensure all necessary support and training has been provided by Boulder Designs before commencing operations.

It is important for a prospective Boulder Designs franchisee to be diligent in confirming that all promised pre-opening services, such as site selection assistance, equipment procurement guidance, and comprehensive training, have been adequately delivered before starting the business. The franchisee should also document any deficiencies and immediately notify Boulder Designs in writing within thirty (30) days following the opening of Franchisee's BOULDER DESIGNS business. Failure to do so could be deemed as conclusive acknowledgement that all pre-opening and opening services required to be provided by Boulder Designs were sufficient and satisfactory in Franchisee's judgment, and complied with all representations made to the Franchisee.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.