What section of the Boulder Designs Franchise Agreement is amended regarding renewal?

Based on the 2025 Boulder Designs Franchise Disclosure Document, Section 3.1 of the Franchise Agreement is amended. This amendment pertains to the payment of the Initial Franchise Fees. The amendment specifies that the payment of these fees will be deferred until Boulder Designs Franchising, LLC (the Franchisor) has fulfilled its initial obligations to the franchisee and the franchisee has commenced business operations.

This amendment is documented in a written agreement that is executed simultaneously with the Franchise Agreement. This ensures that both parties are in agreement regarding the modified terms from the outset of the franchise relationship. The document includes spaces for signatures from both the Franchisor and the Franchisee, along with their respective titles, to formally acknowledge their consent to the amended terms.

For a prospective Boulder Designs franchisee, this amendment offers a potentially beneficial adjustment to the standard payment schedule. By deferring the initial franchise fee, it reduces the upfront financial burden on the franchisee, aligning the payment with the commencement of actual business operations and the fulfillment of the franchisor's initial obligations. This could be particularly helpful for new franchisees who may be facing various startup costs and cash flow constraints.