How many days does a Big Blue Swim School franchisee have to cure safety defaults?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| g. “Cause” defined curable defaults | 16 and 19.B of Franchise Agreement 5 of SaaS Agreement | You have 5 days to cure monetary, safety, and |
|---|---|---|
| insurance defaults; 10 days to cure rejection of | ||
| Qualified Site tendered to you; 10 days to satisfy | ||
| unpaid judgments of at least $25,000; 30 days to | ||
| pay suppliers and to cure other defaults not listed | ||
| in (h) below; 60 days to vacate attachment, | ||
| seizure, or levy of School or appointment of | ||
| receiver, trustee, or liquidator; and time allowed | ||
| by law to cure violations of material law. |
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, a franchisee has a limited time to correct certain defaults to avoid termination of the franchise agreement. Specifically, the FDD states that a Big Blue Swim School franchisee has five days to cure defaults related to monetary issues, safety concerns, and insurance lapses.
This short cure period for safety defaults underscores the critical importance Big Blue Swim School places on maintaining a safe environment for its customers. Failing to address safety issues promptly can lead to immediate action by the franchisor, potentially resulting in the termination of the franchise agreement. This is a stricter timeline compared to other types of defaults, such as those related to supplier payments, which have a 30-day cure period.
Prospective Big Blue Swim School franchisees should be aware of these strict timelines and ensure they have systems in place to quickly identify and resolve any safety-related issues. This might include regular safety inspections, staff training programs, and clear protocols for addressing potential hazards. Understanding and adhering to these requirements is essential for maintaining a good standing with Big Blue Swim School and avoiding potential termination of the franchise agreement.