What deadlines will Big Blue Swim School establish in the Development Rights Agreement?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
We will determine the number of Schools you must develop, the deadlines for signing their leases, Franchise Agreements, and SaaS Agreements, and the deadlines for opening them to keep your development rights. We and you then will complete the schedule in the DRA before signing it. Each site proposed for a BIG BLUE Swim School to be developed under the DRA must be acceptable to us. After each proposed site is accepted and secured, we will determine the Area of Protection for that School. Our then-current standards for sites and Areas of Protection will apply.
Source: Item 12 — TERRITORY (FDD pages 51–55)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the Development Rights Agreement (DRA) will include specific deadlines that a franchisee must meet to maintain their development rights. These deadlines are determined by Big Blue Swim School and relate to key milestones in the establishment of new locations. Specifically, the deadlines include signing leases, Franchise Agreements, and SaaS Agreements for each location within the territory. Additionally, there will be deadlines for opening each Big Blue Swim School location. These deadlines are crucial, as failure to meet them can result in the termination of the DRA.
Big Blue Swim School determines the number of schools a franchisee must develop based on factors such as demographics, the number of distinct trade areas, competitive businesses within the territory, and site availability. The schedule of deadlines will be completed in the DRA before it is signed, ensuring both parties are aware of the obligations. Each proposed site must be acceptable to Big Blue Swim School, and after a site is secured, an Area of Protection will be determined based on then-current standards.
Big Blue Swim School also retains the right to delay the construction, development, or opening of additional swim schools if they believe it is in the best interest of the brand or if they assess that the franchisee is not prepared to fully comply with their standards. However, Big Blue Swim School cannot delay development if it will cause the franchisee to breach their obligations under the development schedule, unless they are willing to extend the schedule to account for the delay. This provision offers some flexibility but underscores the importance of meeting the agreed-upon deadlines to avoid potential conflicts or termination of the DRA.