factual

When is the Franchise Agreement Preparation Fee due for a Big Blue Swim School franchise?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee(1) Amount(2) Due Date Remarks
Email Licenses 5 licenses are included free of charge; for each license over the first 5, you must pay us $6 per month for a basic license and $12 a month for a standard license Monthly This is an optional charge. If you wish to have more than 5 email licenses for your School, we will bill you in the same manner as we bill you for your royalty payments. We may increase these charges to no more than $10 per month for a basic license and $20 per month for a standard license.
Local Marketing Spend 6% of School’s quarterly Gross Revenue Quarterly
Cooperative Contributions(5) An amount we specify up to 4% of School’s Gross Revenue(3) during each Calculation Period(4) As specified We have not yet formed any Cooperatives and do not yet require Cooperative contributions. Footnotes 5 and 6 below describe your local advertising obligations.
Franchise Agreement Preparation Fee $2,500 When you sign a franchise agreement for a subsequent location

Source: Item 6 — OTHER FEES (FDD pages 13–25)

What This Means (2025 FDD)

According to Big Blue Swim School's 2025 Franchise Disclosure Document, the Franchise Agreement Preparation Fee is $2,500. This fee is due when you sign a franchise agreement for a subsequent location.

This fee applies if a franchisee decides to open additional Big Blue Swim School locations beyond their initial franchise agreement. It covers the franchisor's costs for preparing the legal documents associated with the new franchise agreement.

It is important for prospective franchisees to factor this fee into their financial planning if they intend to expand their Big Blue Swim School business by opening multiple locations. This fee is in addition to other fees associated with opening a new franchise, such as the initial franchise fee and construction costs.

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.