Is a copy of the Lease required as part of the 'Development Materials' for a Goldfish Swim School?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Development Materials - a description of the Location, a feasibility study (including, without limitation, demographic data, photographs, maps, artists' renderings, site plans, a copy of the Lease, and documentation indicating your prospects to acquire the Location) and such other information related to the development of the Location as we reasonably request.
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School FDD, a copy of the lease is required as part of the 'Development Materials'.
The FDD specifies that 'Development Materials' include a description of the location, a feasibility study with demographic data, photographs, maps, artists' renderings, site plans, a copy of the lease, and documentation indicating your prospects to acquire the location. This collection of documents provides Goldfish Swim School with a comprehensive overview of the proposed site.
For a prospective Goldfish Swim School franchisee, this means that securing a lease and providing a copy to the franchisor is a mandatory step in the development process. The franchisor uses these materials to evaluate the suitability of the proposed location and the franchisee's prospects for acquiring it. Failing to provide a lease or other required documentation could delay or even prevent the approval of the location, impacting the franchisee's ability to meet the development schedule.