As of this FDD, what is the effective date for Goldfish Swim School franchise agreements in Michigan?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
The issuance date of this Disclosure Document is March 14, 2025 or the effective date in your state, whichever is later.
I have received a Uniform Franchise Disclosure Document dated March 14, 2025 that included the following exhibits on the date listed below:
A. LIST OF STATE ADMINISTRATORS
B. LIST OF STATE AGENTS FOR SERVICE OF PROCESS
C. FRANCHISE AGREEMENT
D. AREA DEVELOPMENT AGREEMENT
E. TABLE OF CONTENTS OF CONFIDENTIAL BRAND STANDARDS MANUAL
F. FINANCIAL STATEMENTS
G. LIST OF CURRENT AND TERMINATED FRANCHISEES
H. FRANCHISEE DISCLOSURE QUESTIONNAIRE
I. MULTI -STATE ADDENDA AND STATE EFFECTIVE DATES
J. RECEIPT
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
The 2025 Franchise Disclosure Document for Goldfish Swim School states that the issuance date of the document is March 14, 2025, or the effective date in your state, whichever is later. This means that for prospective franchisees in Michigan, the effective date of the FDD would be either March 14, 2025, or a later date if Michigan has a specific state-mandated effective date.
To determine the actual effective date for Michigan, a prospective franchisee should refer to Exhibit I, titled "MULTI-STATE ADDENDA AND STATE EFFECTIVE DATES," which is included as part of the FDD. This exhibit would list any specific state addenda and their corresponding effective dates.
If Michigan has an addendum with a specific effective date later than March 14, 2025, that later date would be the official effective date for the franchise agreement in Michigan. If no such addendum exists or if the addendum's effective date is earlier than March 14, 2025, then March 14, 2025, would be the effective date.