Where can I find the term of the Big Blue Swim School Franchise Agreement?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
"Term" means the Term as defined in the Franchise Agreements specified in Exhibit B.
Source: Item 23 — RECEIPTS (FDD pages 76–278)
What This Means (2025 FDD)
According to the 2025 Big Blue Swim School Franchise Disclosure Document, the term of the franchise agreement is defined within the agreement itself and also referenced in the Software License Agreement. Specifically, the "Term" in the Software License Agreement is defined as the term specified in the Franchise Agreements, which are listed in Exhibit B of the Software License Agreement.
This means that to find the exact length or duration of the Big Blue Swim School franchise agreement, a prospective franchisee should refer to the specific franchise agreement documents and Exhibit B of the Software License Agreement. The Software License Agreement is tied to the franchise rights, and its term is directly linked to the term outlined in the franchise agreement.
It is important for potential franchisees to carefully review these documents to understand the length of the franchise term, as this dictates the period during which they are authorized to operate a Big Blue Swim School under the franchise agreement. Understanding the term is crucial for long-term business planning and financial forecasting.