Can Goldfish Swim School assign its rights regarding the lease assignment to an affiliate?

According to the 2025 Goldfish Swim School Franchise Disclosure Document, Goldfish Swim School has the right to assign its rights regarding the lease to an affiliate. Specifically, Goldfish Swim School may assign its rights to an affiliate, allowing the affiliate to take assignment of such rights before Goldfish Swim School formally accepts the assignment of the real estate lease.

This provision offers Goldfish Swim School flexibility in managing its real estate interests and potential liabilities. By assigning the rights to an affiliate, Goldfish Swim School can ensure that another entity within its corporate structure can handle the lease obligations if needed. This could be beneficial in situations where Goldfish Swim School wants to streamline its operations or transfer responsibilities to a specialized subsidiary.

For a prospective franchisee, this clause means that the actual party assuming the lease may not always be Goldfish Swim School itself, but rather a related entity. However, Goldfish Swim School maintains control over the assignment process and ensures that the affiliate adheres to the terms of the lease agreement. This arrangement provides an additional layer of security for the franchisee, knowing that Goldfish Swim School has a mechanism in place to manage lease obligations effectively.