Is Big Blue Swim School's review of the lease a guarantee of the school's success or profitability?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
- (1) You will negotiate the lease or sublease (and any renewals, amendments, or extensions of the lease or sublease) (collectively, the "Lease") that will govern your occupancy and lawful possession of the School's site. The Lease will include the Lease Rider substantially in the form attached to this Agreement as Exhibit D. Review or negotiation of the Lease by either us or an approved vendor is not a guarantee or warranty, express or implied, of the School's success or profitability or of the Lease's suitability for your business purposes. Such review or negotiation indicates only that the site and the Lease terms appear adequately to protect our interests and/or the interests of other franchisees in the BIG BLUE Swim School system, to the extent those interests are implicated in the Lease. You agree to review the negotiated lease with your own legal and other advisors before signing it to confirm that all commercial and other terms are acceptable to you.
Source: Item 22 — CONTRACTS (FDD pages 75–76)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the review or negotiation of the lease by Big Blue Swim School or an approved vendor does not guarantee the school's success or profitability. It also does not guarantee the lease's suitability for the franchisee's business purposes.
Big Blue Swim School's review only indicates that the site and lease terms appear adequate to protect their interests and the interests of other franchisees within the Big Blue Swim School system. These interests are implicated in the lease.
The FDD emphasizes that prospective franchisees should seek advice from their own legal and other advisors to review the negotiated lease before signing. This ensures that all commercial and other terms are acceptable to the franchisee.