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What were the total operating expenses for Big Blue Swim School as of June 30, 2025?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit A contains our audited financial statements for the full fiscal years ended December 31, 2024, December 31, 2023, and December 31, 2022, our unaudited balance sheet as of June 30, 2025, and our unaudited profit and loss statement for the year-to-date fiscal period ending June 30, 2025.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 75)

What This Means (2025 FDD)

The 2025 Franchise Disclosure Document for Big Blue Swim School includes financial statements up to June 30, 2025. However, the provided excerpts do not contain a specific figure for the total operating expenses as of that date. While there is a reference to an unaudited profit and loss statement for the year-to-date fiscal period ending June 30, 2025, the actual statement with the operating expenses is not included in the provided documents.

However, the FDD does provide some historical context. For example, in 2023, Big Blue Swim School incurred costs of $365,743 to a related party for franchise consulting services, which were included as part of operating expenses. In 2024, the company did not utilize these consulting services, and therefore incurred no costs. The company was also charged $3,484,804 in 2024 for an allocation of insurance and payroll costs for certain employees, as well as other various fees paid by the Parent.

A prospective franchisee should request the complete unaudited profit and loss statement for the period ending June 30, 2025, from Big Blue Swim School. This will provide a clear understanding of the operating expenses incurred during that period. Understanding these expenses is crucial for assessing the financial viability and potential profitability of a Big Blue Swim School franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.