In California, what has the Department determined regarding Big Blue Swim School's capitalization?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
(This Franchisee Representations Document will not be used if the franchise is to be operated in, or you are a resident of, California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, or Wisconsin)
Source: Item 23 — RECEIPTS (FDD pages 76–278)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, if a Big Blue Swim School franchise is to be operated in California, the Franchisee Representations Document will not be used. This document is used to verify that no unauthorized statements or promises were made to the franchisee, that all information is consistent with the franchise documents, and that the franchisee understands the terms of the agreements. The document ensures the franchisee confirms the truth of the information provided, and Big Blue Swim School relies on this confirmation.
However, the FDD does not specify what the California Department has determined regarding Big Blue Swim School's capitalization. The document only states that the Franchisee Representations Document is not applicable in California.
To gain clarity, a prospective franchisee in California should directly ask Big Blue Swim School about the specific requirements or determinations made by the California Department regarding franchisee capitalization. This information is essential for understanding the financial obligations and legal requirements for operating a franchise in California.