What assistance does the New Swim school Team provide to Goldfish Swim School franchisees?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event we determine that more than three (3) New Swim school Team members are necessary for an opening, a Developer with three (3) or more Swim schools open (inclusive of the new Swim school) shall be responsible for the costs associated with the team members in excess of three (3). For Developers with less than three (3) Swim schools open, we will bear the costs of the additional team members.
If Developer fails or is unable to timely provide such employees, we may, but shall not be obligated to, staff the New Swim school Team with our employees. We and Developer shall each be responsible for: (a) making all travel, per diem food and lodging arrangements, and (b) the wage and other expenses of the New Swim school Team members provided by each; provided, however, that Developer shall reimburse us for the Territorial Expenses and the Wage Expenses of our employees who are provided as a result of Developer's failure or inability to provide Developer employees for participation on the New Swim school Team.
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School FDD, the New Swim school Team provides support during the opening of a new franchise. If Goldfish Swim School determines that more than three team members are needed, the financial responsibility for the additional members depends on the franchisee's existing operations. Franchisees with three or more open swim schools, including the new one, will cover the costs of the extra team members. However, Goldfish Swim School will bear these additional costs for franchisees with fewer than three open swim schools.
If a franchisee fails to provide their employees for the New Swim school Team, Goldfish Swim School has the option, but not the obligation, to staff the team with its own employees. In such cases, both the franchisee and Goldfish Swim School are responsible for arranging and covering the travel, per diem food and lodging, wages, and other expenses for their respective team members. However, the franchisee is required to reimburse Goldfish Swim School for the territorial and wage expenses of Goldfish Swim School's employees if the franchisee's failure to provide their own employees necessitates the use of Goldfish Swim School's staff.
This arrangement ensures that new Goldfish Swim School locations receive adequate support during their opening phase. It also shares the responsibility and costs between the franchisor and franchisee. This encourages franchisees to actively participate in the opening process while providing a safety net if they are unable to fully staff the New Swim school Team themselves. Prospective franchisees should carefully consider these financial implications and staffing requirements when planning the launch of their Goldfish Swim School location.