What is the deadline for opening the first Big Blue Swim School after the lease is signed?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
AND MEMBER'S DEFICIT | $3,947,582 | $3,407,166 |
EXHIBIT A TO BIG BLUE SWIM SCHOOL FRANCHISING, LLC DEVELOPMENT RIGHTS AGREEMENT
DEVELOPMENT SCHEDULE
You agree to construct, develop, and open <________> BIG BLUE Swim Schools in the Territory, including the Swim School that is the subject of the First Franchise Agreement, and to sign the leases, Franchise Agreements, and SaaS Agreements relating to those BIG BLUE Swim Schools, according to the following Schedule:
| New BIG BLUE Swim School | Single Deadline by Which Lease, Franchise Agreement, and SaaS Agreement for the Specific New Franchised BIG BLUE Swim School Must be Signed by You (or Approved Affiliate) (we expect all three documents to be signed at same time) | Deadline by Which Specific New Franchised BIG BLUE Swim School Must be Opened by You (or Approved Affiliate) and Operating in Territory |
|---|---|---|
| #1 | For 1st BIG BLUE Swim School only, Franc |
Source: Item 23 — RECEIPTS (FDD pages 76–278)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the deadline for opening the first Big Blue Swim School is 14 months after the lease is signed. This deadline applies even if the lease is signed before the Lease Execution Deadline.
For example, if a franchisee signs the lease for their new Big Blue Swim School on April 15 of a particular year, with a Lease Execution Deadline of May 15, the deadline for opening the swim school would be June 15 of the following year. This provides a clear timeframe for franchisees to plan and execute the development and opening of their swim school after securing the location.
This fixed deadline, regardless of early lease signing, offers both advantages and potential challenges. Franchisees who secure a lease early gain extra time for preparation, but they must still meet the 14-month opening deadline. Conversely, any delays in lease signing will compress the timeline for construction and opening, potentially requiring expedited efforts to meet the mandated deadline. Franchisees should, therefore, aim to secure their lease well in advance to maximize their preparation time and mitigate the risk of delays.