Besides the Franchise Agreement, what does the agreement constitute for Goldfish Swim School?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
WHEREAS, in consideration of Goldfish granting the franchise to Franchisee, Franchisee agreed in the Franchise Agreement to execute an assignment to Goldfish of its telephone number upon the termination or expiration without renewal of the Franchise Agreement, or transfer of the Franchise Agreement;
NOW THEREFORE, it is hereby agreed as follows:
1. Telephone Information.
Franchisee represents and warrants that the telephone number(s) set forth in the attached Exhibit "A," from time to time, shall constitute all of the telephone numbers to be used in its advertising and marketing of its "Goldfish®" Franchised Swim School licensed by the abovereferenced Franchise Agreement. It is hereby agreed that this assignment covers not only the telephone numbers set forth in Exhibit "A," but also any other telephone number used by Franchisee in its advertising or marketing of its "Goldfish®" Franchised Swim School.
2. Assignment.
Franchisee hereby assigns to Goldfish all of its right, title and interest in and to the telephone numbers described above in Paragraph 1 effective upon the expiration without renewal or termination of the Franchise Agreement.
3. Consent.
Franchisee hereby consents and authorizes any and all telephone companies, telephone directory services, and other public or private business containing, using, or authorizing any of the telephone numbers described above in Paragraph 1 to immediately recognize this assignment upon receipt of written notice from Goldfish. Such companies and services shall construe this Assignment as Franchisee's immediate cancellation and surrender of the numbers in Exhibit A, thereby permitting the immediate re-assignment of the numbers by said companies and services to Goldfish. A copy of this Assignment, certified by an officer of Goldfish, is agreed to be as valid and binding as the original.
4. Notice.
Source: Item 23 — RECEIPTS (FDD pages 77–389)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, the agreement for Goldfish Swim School also includes an assignment of the franchisee's telephone number to Goldfish Swim School Franchising LLC upon termination or expiration without renewal of the Franchise Agreement, or transfer of the Franchise Agreement. This assignment covers all telephone numbers used in advertising and marketing the Goldfish Swim School franchise.
According to the FDD, the franchisee consents to allow telephone companies and directory services to recognize this assignment and immediately re-assign the numbers to Goldfish Swim School upon written notice. A certified copy of the assignment is considered as valid and binding as the original.
This ensures that upon the end of the franchise agreement, Goldfish Swim School maintains control over the phone numbers used to market the swim school, providing continuity for customers and preventing the former franchisee from using the established phone numbers to operate a competing business. This is a fairly standard practice in franchising to protect brand identity and customer relationships.