What is the Successor Franchise Fee for Big Blue Swim School?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee(1) | Amount(2) | Due Date | Remarks |
|---|---|---|---|
| Email Licenses | 5 licenses are included free of charge; for each license over the first 5, you must pay us $6 per month for a basic license and $12 a month for a standard license | Monthly | This is an optional charge. If you wish to have more than 5 email licenses for your School, we will bill you in the same manner as we bill you for your royalty payments. We may increase these charges to no more than $10 per month for a basic license and $20 per month for a standard license. |
| Local Marketing Spend | 6% of School’s quarterly Gross Revenue | Quarterly | |
| Cooperative Contributions(5) | An amount we specify up to 4% of School’s Gross Revenue(3) during each Calculation Period(4) | As specified | We have not yet formed any Cooperatives and do not yet require Cooperative contributions. Footnotes 5 and 6 below describe your local advertising obligations. |
| Franchise Agreement Preparation Fee | $2,500 | When you sign a franchise agreement for a subsequent location | |
| Successor Franchise Fee | $5,000 | When you sign successor franchise agreement (if you have that right) | |
Source: Item 6 — OTHER FEES (FDD pages 13–25)
What This Means (2025 FDD)
According to Big Blue Swim School's 2025 Franchise Disclosure Document, the successor franchise fee is $5,000. This fee is due when you sign a successor franchise agreement, assuming you have the right to renew your franchise agreement.
In the context of franchising, a successor franchise agreement is essentially a renewal of the original agreement, allowing the franchisee to continue operating the Big Blue Swim School location beyond the initial term. The $5,000 fee covers Big Blue Swim School's administrative costs and the value of extending the franchise rights.
It's important for prospective franchisees to understand the conditions under which they would be eligible for a successor franchise agreement and whether there are specific performance criteria or other requirements that must be met to qualify for renewal. This fee is relatively low compared to the initial franchise fee, reflecting the reduced risk and effort involved in continuing an existing, operating Big Blue Swim School location.