When is the Successor Franchise Fee due for a Big Blue Swim School franchise?
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 franchising, a successor franchise agreement typically refers to an agreement signed when a franchisee renews their franchise agreement for another term. The fee covers Big Blue Swim School's costs associated with granting a new franchise term, updating the agreement, and ensuring the franchisee remains in good standing.
For a prospective Big Blue Swim School franchisee, it's important to understand the conditions under which a successor franchise agreement is offered and what rights you have to obtain one. This information is typically found in the franchise agreement itself. Understanding the renewal terms and associated fees is crucial for long-term financial planning as a franchisee.