What agreement must the transferee execute to be approved by Goldfish Swim School?

Based on the 2025 Franchise Disclosure Document, Goldfish Swim School requires that you and each of your Principal Owners execute a form of guaranty. This agreement is listed at the end of the agreement. As a prospective franchisee, it is important to carefully review the guaranty to understand the obligations and liabilities it entails.

This requirement ensures that both the franchisee and their principal owners are personally committed to upholding the terms of the franchise agreement. The form of guaranty likely holds the principal owners personally liable for the financial and operational obligations of the franchise.

Prospective franchisees should seek legal counsel to fully understand the implications of signing a guaranty. This will help ensure they are aware of their responsibilities and potential risks before entering into the franchise agreement with Goldfish Swim School.