factual

What is the latest year mentioned in the context of the Boulder Designs Franchise Agreement exhibit?

Boulder_Designs Franchise · 2025 FDD

Answer from 2025 FDD Document

Boulder Designs® 1 Exhibit 1 Franchise Agreement | 2025

Source: Item 22 — CONTRACTS (FDD page 50)

What This Means (2025 FDD)

According to Boulder Designs's 2025 Franchise Disclosure Document, the Franchise Agreement exhibit references the year 2025. Specifically, the document includes the statement "Franchise Agreement | 2025", indicating that the franchise agreement and related exhibits are current as of that year. This date is relevant to the agreement's terms, conditions, and any state-specific amendments included.

For a prospective Boulder Designs franchisee, this means the terms and conditions outlined in the 2025 Franchise Agreement are the ones that will govern their relationship with the franchisor. It is important to carefully review all exhibits and amendments to fully understand the obligations, responsibilities, and rights of both the franchisee and franchisor.

The FDD also mentions that the Technology Fee, covering technology and technical resources provided by Boulder Designs, may increase each calendar year, but not by more than 10% of the prior year's fee. This indicates that while the Franchise Agreement is based on the 2025 document, certain fees and conditions may be subject to change over time, as specified within the agreement.

Therefore, when considering a Boulder Designs franchise, it is essential to focus on the details within the 2025 Franchise Agreement and its exhibits, while also understanding that some aspects, like the Technology Fee, can be adjusted according to the terms outlined in the agreement.

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.