What is the transfer fee for a Big Blue Swim School franchise?
Big_Blue_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
If the proposed transfer is to or among your owners, your or their Immediate Family members, or an Entity you control, then the transfer fee in clause (g) will be Twelve Thousand Five Hundred Dollars ($12,500).
- (g) before the transfer's proposed effective date, you or the transferee pays us a transfer fee equal to Twenty-Five Thousand Dollars ($25,000);
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 standard transfer fee is $25,000. This fee must be paid before the transfer becomes effective. However, if the transfer is to or among the franchisee's owners, their immediate family members, or an entity they control, the transfer fee is reduced to $12,500.
In addition to the transfer fee, Big Blue Swim School requires that several other conditions be met before a transfer is approved. The transferee must meet the then-current standards for new franchisees, including demonstrating the necessary business experience, aptitude, and financial resources. The transferee must also complete the initial training program if their management personnel are different from the current franchisee's.
Furthermore, all outstanding royalties, software license fees, brand fund contributions, MSC fees, and other amounts owed to Big Blue Swim School and its affiliates must be paid. The franchisee must not be in breach of any agreements. The transferee must also sign Big Blue Swim School's then-current form of franchise agreement and related documents, which may have terms that differ significantly from the original agreement. The franchisee and transferring owners must also sign a general release of claims against Big Blue Swim School.
These transfer conditions and fees are typical in franchising, as franchisors want to ensure that any new operators are well-qualified and committed to the brand. Prospective Big Blue Swim School franchisees should carefully consider these requirements and the potential costs associated with transferring their franchise in the future.