How long is the renewal franchise term for Big Blue Swim School?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
to market based on numerous | | | considerations. | | | Provision | Section in franchise or | Summary | | a. Length of the franchise term | 3.B of Franchise Agreement 3(a) of SaaS Agreement | 10 years from first day on which School opens to the public for business. Term of SaaS Agreement runs concurrently with franchise term. | |---|---|---| | b. Renewal or extension of the term | 18 of Franchise Agreement | If you are in good standing, you may acquire successor franchise for 10 years on our then- current terms. | | Provision | Section in franchise or | Summary | | | other agreement | | |---|---|---| | c. Requirements for franchisee | 18 of Franchise | You (i) timely request and conduct a business | | to renew or extend | Agreement | | | | | review, (ii) formally notify us of your desire to | | | | acquire a successor franchise at least 3 months | | | | before the franchise term ends, (iii) substantially | | | | complied with contractual obligations and | | | | operated School in substantial compliance with | | | | Brand Standards, (iv) continue complying | | | | substantially with contractual obligations between | | | | time you notify us of your desire to acquire a | | | | successor franchise and the end of the franchise | | | | term, (v) retain right to occupy School at its | | | | original site, (vi) remodel/upgrade School, (vii) | | | | sign our then-current form of franchise agreement | | | | and release (if applicable state law allows), and | | | | (viii) pay $5,000 successor franchise fee. Terms | | | | of our new franchise agreement that you sign for | | | | successor franchise may differ materially from | | | | any and all terms contained in your original | | | | expiring Franchise Agreement (including higher | | | | fees), although the Area of Protection will remain | | | | the same during the successor-franchiseterm. | | d.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 61–69)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the renewal franchise term, referred to as a successor franchise, is for 10 years, provided the franchisee is in good standing. To acquire a successor franchise, a Big Blue Swim School franchisee must meet several requirements. These include timely requesting and conducting a business review, formally notifying Big Blue Swim School of their desire to acquire a successor franchise at least 3 months before the current term ends, and substantially complying with all contractual obligations and brand standards during the current term.
Additionally, the franchisee must continue to substantially comply with all contractual obligations between the time they notify Big Blue Swim School of their intent to renew and the end of the current franchise term. They must also retain the right to occupy the school at its original site and complete any required remodeling or upgrades to the school. The franchisee will need to sign the then-current form of the franchise agreement and a release, if applicable state law allows.
Finally, the franchisee must pay a $5,000 successor franchise fee. It is important to note that the terms of the new franchise agreement for the successor franchise may differ significantly from the original agreement, potentially including higher fees. However, the Area of Protection will remain the same during the successor franchise term. This means that while costs and obligations could change, the franchisee's protected territory will not be affected upon renewal.