What is the maximum monthly Technology Fee for a Boulder Designs franchise?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
h month | | | Name of Fee | Amount1 | Due Date | Remarks | |-------------------------------------------|-----------------------------------------------------------------------------------------------------------|---------------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | Technology Fee5 | Currently $65 per month, but up to $175 per month. We reserve the right to increase each calendar year by an amount not to exceed 10% of the prior year's fee. | Monthly | For the development and use of online and System technology, including but not limited to internet, website, email, intranet/extranet, and communications technologies, some of which may be implemented in the future. | | Recommended Local Advertising Spend | 10% of Annual Gross Revenues | As invoiced | We highly recommend you spend a minimum of 10% of annual gross revenues on local advertising.
Source: Item 6 — OTHER FEES (FDD pages 11–16)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the Technology Fee is currently $65 per month but can increase to a maximum of $175 per month. This fee covers the development and use of online and system technology, including internet, website, email, intranet/extranet, and communications technologies. Some of these technologies may be implemented in the future.
Boulder Designs also reserves the right to increase the Technology Fee each calendar year by an amount not exceeding 10% of the prior year's fee. The FDD stipulates that Boulder Designs will provide franchisees with 10 days' notice of any increase to the then-current monthly Technology Fee.
For a prospective Boulder Designs franchisee, it's important to factor in the potential for these annual increases when budgeting for ongoing fees. While the initial fee is relatively low, the cumulative effect of annual increases could make it a more significant expense over the term of the franchise agreement. It would be prudent to inquire about the franchisor's plans for technology development and implementation to better understand the value and potential return on investment for this fee.