factual

What is considered a 'Qualified Site' for a Big Blue Swim School?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

We have the right to terminate the Franchise Agreement (and, in limited circumstances, the Development Rights Agreement) if you reject a School site the location and physical and other characteristics of which, and the proposed commercial-lease terms for which (as encompassed in a lease letter of intent that we or your third-party vendor negotiated or reviewed), were accepted by our real-estate committee (a "Qualified Site"). (Franchise Agreement—Section 4.B; Development Rights Agreement—Section 5) There is no refund of any initial franchise fee or development fee upon such termination.

Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 37–51)

What This Means (2025 FDD)

According to the 2025 Big Blue Swim School Franchise Disclosure Document, a 'Qualified Site' is a location that meets specific criteria and has been accepted by Big Blue Swim School's real estate committee. This acceptance is based on the location, physical characteristics, and proposed commercial lease terms, as outlined in a letter of intent negotiated or reviewed by Big Blue Swim School or a third-party vendor.

If a prospective franchisee proposes a site that is accepted by the real estate committee, it becomes a 'Qualified Site'. Should the franchisee then reject this site, Big Blue Swim School has the right to terminate the Franchise Agreement or Development Rights Agreement. In the event of such termination, the initial franchise fee or development fee is not refundable to the franchisee.

This policy emphasizes the importance of site selection in the Big Blue Swim School franchise model. It also highlights the potential financial risk for franchisees who might disagree with the franchisor's site assessment after the real estate committee's approval. Therefore, franchisees should carefully consider all factors before rejecting a site that Big Blue Swim School has deemed qualified, as doing so could lead to termination of the agreement and loss of the initial fees.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.