When are renewal and transfer fees payable to Big Blue Swim School?

According to Big Blue Swim School's 2025 Franchise Disclosure Document, renewal and transfer fees are payable under specific circumstances. Renewal fees are due when a franchisee renews their franchise agreement for an additional term. Transfer fees become payable when a franchisee transfers their franchise to a third party.

This means that a Big Blue Swim School franchisee will not incur these fees unless they choose to extend their franchise agreement beyond its initial term or decide to sell their franchise to someone else. These fees are not recurring operational costs but rather contingent expenses that arise from specific actions taken by the franchisee.

Understanding when these fees are payable allows potential Big Blue Swim School franchisees to plan for these potential costs. It is important to note that the FDD excerpt does not specify the amounts of these fees, so prospective franchisees should inquire about the specific amounts of the renewal and transfer fees to fully understand the financial implications of these actions.