What criteria does Goldfish Swim School use for approving or revoking approval of suppliers?

According to Goldfish Swim School's 2025 Franchise Disclosure Document, the criteria for approving or revoking approval of suppliers include several factors. These are the supplier's ability to provide a sufficient quantity of goods, the quality of goods or services at competitive prices, production and delivery capability, and dependability and general reputation. This means that Goldfish Swim School assesses suppliers based on their capacity to meet demand, the value they offer in terms of quality and cost, their logistical capabilities, and their overall reliability and standing in the industry.

For a prospective Goldfish Swim School franchisee, this signifies that the suppliers they are permitted to use have been vetted for these specific qualities. If a franchisee wishes to use a non-approved supplier, they must submit the supplier for approval, along with sufficient information, specifications, and samples for Goldfish Swim School to evaluate. The franchisee is responsible for covering the costs of this evaluation. Goldfish Swim School will then decide within 30 days whether the franchisee can use the proposed supplier.

This process ensures that all suppliers meet Goldfish Swim School's standards, maintaining consistency and quality across all franchise locations. It also means that franchisees may face restrictions on sourcing goods and services from suppliers of their choice, as they are largely limited to approved suppliers. Goldfish Swim School also retains the right to periodically review and revoke approval of any goods, services, or suppliers, and franchisees must immediately cease using disapproved sources upon notification. This system allows Goldfish Swim School to maintain control over the supply chain and ensure that franchisees adhere to established quality and operational standards.