How many Big Blue Swim School outlets opened in Michigan during 2023?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 7 | Col. 8 | Col. 9 | ||||||
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termin- ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of the Year |
| Arizona | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Col |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 70–75)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, one outlet opened in Michigan during 2023. The table provided in Item 20 details the status of franchised outlets from 2022 to 2024. At the start of 2023, there was one Big Blue Swim School outlet in Michigan. By the end of 2023, the number of outlets increased to two. There were no terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations.
For a prospective franchisee, this indicates growth in the Michigan market. It shows that Big Blue Swim School is expanding its presence in the state. The stability in outlet numbers, with no closures or transfers, could be seen as a positive sign. This suggests that existing locations are performing well enough to remain open and that franchisees are not facing significant challenges that would lead them to close or sell their businesses.
However, it's important to note that past performance is not indicative of future results. While one outlet opened in 2023, no new outlets are projected to open in Michigan in the next fiscal year, as indicated in another table within Item 20. This could be due to various factors, such as market saturation, lack of suitable locations, or strategic decisions by Big Blue Swim School. A potential franchisee should investigate the reasons behind the projected lack of new openings and assess the potential impact on their investment.
Overall, the data suggests a moderate level of activity for Big Blue Swim School in Michigan. A prospective franchisee should conduct thorough due diligence. They should speak with existing franchisees in Michigan and other states to gain a comprehensive understanding of the opportunities and challenges associated with operating a Big Blue Swim School franchise.