Does the Goldfish Swim School Franchisee Disclosure Questionnaire require franchisees to confirm they understand each exhibit, addendum, and schedule attached to the Goldfish Swim School Franchise Agreement?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| 1. | Have you received, and personally reviewed Goldfish Swim School Franchising LLC Franchise Agreement and each exhibit, addendum and schedule attached to it? Yes No |
|---|---|
| 2. | Do you understand all of the information contained in the Franchise Agreement |
| and each exhibit and schedule attached to it? | |
| Yes | |
| No | |
| If "No", what parts of the Franchise Agreement do you not understand? (Attach | |
| additional pages, if necessary.) |
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, the Franchisee Disclosure Questionnaire does require franchisees to confirm they have reviewed and understand the Franchise Agreement and all associated exhibits, addenda, and schedules. This questionnaire is designed to ensure that prospective franchisees have carefully considered all aspects of the franchise agreement before entering into it.
The questionnaire asks franchisees to confirm they have received and personally reviewed the Goldfish Swim School Franchise Agreement and all attachments. It also asks franchisees to confirm they understand all the information contained within these documents. If a franchisee answers "No" to understanding any part of the agreement, they are required to specify which parts they do not understand.
This process is a standard practice in franchising, intended to protect both the franchisor and franchisee by ensuring a mutual understanding of the agreement's terms. It also serves as a way for Goldfish Swim School to identify any areas of confusion or potential misunderstanding on the franchisee's part, allowing them to provide additional clarification and support before the agreement is finalized.