What is the cure period Goldfish Swim School has if they materially breach the Franchise Agreement?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Section in Franchise or Other Agreement | Summary |
|---|---|---|
| d. Termination by franchisee | Section 16.1 | Subject to any applicable state law, you may terminate the Franchise Agreement if you are in compliance with it and we materially breach it and we fail to begin to cure our breach within 30 days of receiving your written notice. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION (FDD pages 54–64)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, if a franchisee believes Goldfish Swim School has materially breached the Franchise Agreement, the franchisee must provide written notice. Goldfish Swim School then has 30 days to begin to cure the breach.
This 30-day period is important for prospective franchisees to understand. It means that if Goldfish Swim School violates the agreement in a significant way, they have a limited time to start fixing the problem. If they don't begin to take corrective action within that timeframe, the franchisee may have grounds to terminate the agreement, subject to any applicable state laws.
It is important to note the FDD states that the franchisee must be in compliance with the Franchise Agreement to terminate it based on Goldfish Swim School's breach. Franchisees should consult with a legal professional to fully understand their rights and obligations under the Franchise Agreement and any applicable state laws.