What must happen for a Big Blue Swim School to retain its rights under the DRA?

According to the 2025 Big Blue Swim School Franchise Disclosure Document, to retain rights under the Development Rights Agreement (DRA), a franchisee must ensure that each Big Blue Swim School constructed, developed, and opened under the DRA operates continuously throughout the DRA's term. This operation must be in full compliance with the franchise agreement. This means franchisees must adhere to all operational standards, payment schedules, and other requirements outlined in their franchise agreement to keep their development rights intact.

Furthermore, franchisees must meet the deadlines specified in the Schedule for signing leases, franchise agreements, and SaaS Agreements, and for constructing, developing, and opening the agreed-upon minimum number of Big Blue Swim Schools within the Territory. These obligations are critical, and failure to meet these deadlines can result in the termination of the DRA without any opportunity to cure the breach. Big Blue Swim School emphasizes that time is of the essence, and they may strictly enforce the development obligations outlined in the Schedule.

In practical terms, a prospective Big Blue Swim School franchisee needs to be highly organized and diligent in managing the development process. They must secure suitable locations, negotiate leases, and complete construction within the set timeframes. Any delays or failures to comply with the franchise agreement's operational terms could jeopardize their development rights, potentially limiting their ability to expand within the agreed-upon territory. This underscores the importance of careful planning, financial readiness, and a strong commitment to meeting all contractual obligations.