What is the name of the agreement that grants development rights for Big Blue Swim School?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
- D. We offer and grant franchises for BIG BLUE Swim Schools operating the Swim School Concept and using the BIG BLUE Swim School business system, business formats, methods, procedures, designs, layouts, trade dress, standards, specifications, and Marks, all of which we and our affiliates periodically may improve, further develop, and otherwise modify.
- E. Simultaneously with signing this DRA, we and you (or your Approved Affiliate, as defined in Section 2 below) also are signing as of the Effective Date a franchise agreement (the "First Franchise Agreement") for the construction, development, and operation of the first BIG BLUE Swim School to be developed within the Territory (defined below). We and you are signing this DRA because you want the right to construct, develop, and operate multiple BIG BLUE Swim Schools within the Territory over a certain time period (besides the BIG BLUE Swim School covered by the First Franchise Agreement), and we are willing to grant you those development rights if you comply with the terms of this DRA.
Source: Item 23 — RECEIPTS (FDD pages 76–278)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the agreement that grants development rights is called the Development Rights Agreement, or DRA. This agreement allows the franchisee to construct, develop, and operate multiple Big Blue Swim School locations within a specific territory over a defined period. The franchisee must comply with the terms outlined in the DRA to maintain these development rights.
The DRA specifies the number of Big Blue Swim School locations the franchisee can develop within the territory, following a mandatory development schedule. The franchisee is also required to sign a separate franchise agreement for each location. The DRA grants potential development rights only if the franchisee fully complies with its terms.
Big Blue Swim School relies on the franchisee's knowledge of the real estate market within the territory to locate and secure suitable sites. The franchisor provides site selection criteria to assist the franchisee in this process, but the final site selection is the franchisee's responsibility. The franchisor retains the right to reject any site that does not meet their criteria. The DRA is distinct from the franchise agreement, as the DRA grants no separate franchise rights; those rights arise only under franchise agreements signed directly with Big Blue Swim School.