If I want to sell my Big Blue Swim School franchise, what documentation must I provide to Big Blue Swim School?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
You must notify us in writing immediately if (i) any legal charge is asserted against you or the School (even if there is no formal proceeding), (ii) any action, suit, or proceeding is commenced against you or the School, (iii) you receive any report, citation, or notice regarding the School's failure to comply with any licensing, health, cleanliness, or safety Law or standard, (iv) any bankruptcy or insolvency proceeding or an assignment for the benefit of creditors is commenced by or against you, your owners, or the School, or (v) there is any incident at the School affecting the health, safety, or well-being of a child.
Source: Item 22 — CONTRACTS (FDD pages 75–76)
What This Means (2025 FDD)
I am unable to provide information about the specific documentation required when selling your Big Blue Swim School franchise, according to the 2025 Franchise Disclosure Document. While Item 22 includes various contracts and agreements related to the franchise, it does not detail the exact documents a franchisee must submit to Big Blue Swim School when transferring ownership.
Item 22 does cover aspects of compliance, standards, and required legal notifications. For instance, it states you must notify Big Blue Swim School in writing immediately if any legal charge is asserted against you or the School, or if there's any incident affecting the health, safety, or well-being of a child. This highlights the importance of keeping the franchisor informed about significant events.
To understand the documentation needed for selling your franchise, you should consult the franchise agreement and contact Big Blue Swim School directly. Clarify what specific documents, forms, or notices are required to ensure a smooth and compliant transfer process. You may also want to consult with a legal professional experienced in franchise law to ensure you meet all obligations.