What is the purpose of the Boulder Designs Technology Fee?
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 t
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 for the development and use of online and System technology. This includes, but is not limited to, internet, website, email, intranet/extranet, and communications technologies, some of which may be implemented in the future.
The Technology Fee is currently $65 per month, but can be up to $175 per month. Boulder Designs reserves the right to increase this fee each calendar year by an amount not to exceed 10% of the prior year's fee. This fee is due monthly. Boulder Designs may provide franchisees with 10 days' notice of any increase to the then-current monthly Technology Fee.
For a prospective Boulder Designs franchisee, this means they should budget for a recurring monthly expense to cover the costs of technology used in the business. It is important to note that the fee can increase over time, so franchisees should factor in potential increases when forecasting their expenses. Understanding the specific technologies covered by this fee and how they will benefit the franchisee's operations is crucial for evaluating the value of this expense.