What section of the Big Blue Swim School Franchise Agreement discusses the term of the franchise?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
3.B. Term
The franchise term (the "Term") begins on the Effective Date and expires ten (10) years from the first day on which the School opens to the public for business. The Term is subject to earlier termination under Section 18. You agree to operate the School in compliance with this Agreement for the entire Term unless this Agreement is properly terminated under Section 19.
Source: Item 22 — CONTRACTS (FDD pages 75–76)
What This Means (2025 FDD)
According to the 2025 Big Blue Swim School Franchise Disclosure Document, Section 3.B of Item 22 discusses the term of the franchise agreement. The franchise term begins on the effective date and lasts for ten years from the date the school opens to the public.
The agreement can be terminated earlier under Section 18. The franchisee must operate the Big Blue Swim School in compliance with the agreement for the entire term, unless the agreement is properly terminated under Section 19.
This means that a franchisee can expect to operate their Big Blue Swim School for a decade, provided they adhere to the terms of the franchise agreement. Early termination could occur under specific conditions outlined in Sections 18 and 19, which a prospective franchisee should carefully review to understand the circumstances that could lead to premature termination of the agreement.