Who is referred to as 'Franchisee' in the agreement related to Boulder Designs?
Boulder_Designs Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, Franchisor grants to qualified persons and business entities the right to own and operate BOULDER DESIGNS Businesses using the System and the Marks; and
WHEREAS, Franchisee desires to operate a BOULDER DESIGNS Business, has applied for the Franchise and such application has been approved by Franchisor in reliance upon all of the representations made herein and therein; and
WHEREAS, Franchisor is willing to grant Franchisee a license under the System and the Marks to operate a Franchised Business, subject to Franchisee's strict compliance with the terms and conditions of this Agreement and in reliance upon Franchisee's representations made in this Agreement and in Franchisee's application to become a franchisee under the System.
Source: Item 22 — CONTRACTS (FDD page 50)
What This Means (2025 FDD)
According to Boulder Designs' 2025 Franchise Disclosure Document, the 'Franchisee' refers to the individual or business entity that is granted the right to own and operate a Boulder Designs business using the Boulder Designs system and marks. The agreement is made between Boulder Designs Franchising, LLC and the franchisee, outlining the terms and conditions under which the franchisee will operate the business.
The FDD specifies that the franchisor grants this right to qualified persons or business entities who have applied for the franchise and have been approved by Boulder Designs. This approval is based on the representations made by the prospective franchisee in their application. The franchisee's strict compliance with the terms and conditions of the franchise agreement is essential for maintaining the license to operate under the Boulder Designs system and marks.
The agreement emphasizes that the grant of the franchise is made in reliance upon the franchisee's representations, highlighting the importance of accurate and truthful information provided during the application process. The mutual covenants and agreements contained within the franchise agreement serve as the foundation for the relationship between Boulder Designs and the franchisee, establishing the obligations and expectations of both parties.