factual

Does Goldfish Swim School charge franchisees for the specifications for the development of a Goldfish Swim School?

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisor shall make available to Franchisee, at no charge to Franchisee, specifications for the development of a Goldfish Swim School, including specifications for the exterior and interior design and layout, fixtures, equipment, décor and signs. Such plans and specifications are subject to alteration as Franchisor deems necessary. Franchisee shall cause the Approved Location to be under construction within the Construction Commencement Period. In connection with the development and construction of the Approved Location, Franchisee shall:

  • 5.4.2 obtain all zoning classifications and clearances which may be required by state and local laws, ordinances or regulations, and submit to Franchisor, for Franchisor's approval, final plans for construction based upon the preliminary plans and specifications;
  • 5.4.3 ensure or employ an Approved Supplier (the Franchisee's Project Manager or Owner's Representative) to ensure that the location is suitable for the operation of a Goldfish Swim School, including, without limitation, proper ceiling heights, composition of the structure, size, composition and location of water lines, size and location of sewer lines, location and capacity of electrical service, location and size of gas service, fire suppression requirements, and soil conditions necessary for the construction of a pool and submit to Franchisor a completed site submission checklist in the form provided by Franchisor;
  • 5.4.4 obtain all building, utility, sign, health, and business permits and licenses, and any other permits and licenses required for the build-out and operation of the Franchised Swim School and certify in writing and provide evidence to Franchisor that all such permits have been obtained within fifteen (15) days following receipt of any such permits or licenses;
  • 5.4.5 employ at Franchisee's sole cost and expenses the services of an Approved Supplier project manager/owner's representative to assist you in the development and construction of your Franchised Swim School and comply with all Franchisor requirements related to the following, without limitation: list of all construction vendors or contractors in contact list format with all names and contact information; construction budget; construction schedule and timeline to be submitted at the start of construction;
  • 5.4.6 employ a qualified, licensed, and insured general contractor approved by Franchisor to complete construction of all required improvements to the Approved Location and require that the general contractor and all other construction vendors comply with the approved plans and specifications, and conduct all construction activities in a first in class manner and follow first class working guidelines related to site conditions during construction;

Source: Item 23 — RECEIPTS (FDD pages 77–389)

What This Means (2025 FDD)

According to the 2025 Goldfish Swim School Franchise Disclosure Document, Goldfish Swim School provides franchisees with the specifications for the development of a Goldfish Swim School at no charge. These specifications include the exterior and interior design and layout, fixtures, equipment, décor, and signs. However, these plans and specifications are subject to change as Goldfish Swim School deems necessary.

While Goldfish Swim School provides the initial specifications without charge, franchisees are responsible for various costs associated with the construction and development of their location. This includes obtaining necessary zoning classifications and clearances, as well as securing all required building, utility, sign, health, and business permits and licenses. Franchisees must also employ an Approved Supplier project manager/owner's representative to assist in the development and construction process, and they must use a qualified, licensed, and insured general contractor approved by Goldfish Swim School to complete the construction.

It is important for prospective franchisees to understand that while the initial specifications are provided at no cost, the overall development and construction of a Goldfish Swim School involves significant investment. Franchisees should carefully consider these costs and ensure they have adequate capital to meet all requirements. Additionally, franchisees must adhere to Goldfish Swim School's approved plans and specifications and maintain first-class working guidelines during construction.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.