What information about the Goldfish Swim School Developer's Principals is required to be attached as Attachment 2?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
es hereto have executed and delivered this Agreement on the day and year first above written.
DEVELOPER GOLDFISH SWIM SCHOOL FRANCHISING, LLC By: Name: Title: Date: - - - Dotor
ATTACHMENT 2
TO THE AREA DEVELOPMENT AGREEMENT BETWEEN GOLDFISH SWIM SCHOOL FRANCHISING, LLC
AND Developer and its Principal Owners business organization (like a corporation, partnership or limited liability company). relying on its truth and accuracy in awarding the franchise to you. DATED, 20 This form must be completed by you, if you have multiple owners or if Developer is owned by a We are 1. Form of Owner. You are a (check one): (a) (b) (c) (d) (e) Specify: General Partnership Corporation Limited Partnership Limited Liability Company Other 2. You are formed under the laws of and their positions are listed below: Name of Person Business Entity. You were incorporated or formed on, 20 under the laws of the State of You have not conducted business under any name other than your corporate, limited liability company or partnership name. The following is a list of all persons who have management rights and powers (e.g., officers, managers, partners, etc.) Position(s) Held 3. Owners. The followin
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School FDD, Attachment 2 to the Area Development Agreement requires specific information about the Developer and its Principal Owners. This attachment is necessary if the Developer is a business organization such as a corporation, partnership, or limited liability company. The form requires the Developer to specify the form of ownership (General Partnership, Corporation, Limited Partnership, Limited Liability Company, or Other).
The attachment also requires the Developer to state the laws under which it was formed and the date of incorporation or formation. It confirms that the Developer has not conducted business under any name other than its corporate, limited liability company, or partnership name. A list of all persons with management rights and powers, including their names and positions, must be provided.
Furthermore, the attachment requires a comprehensive list including the full name and mailing address of each person who is an owner, fully describing the nature of each owner's interest. Additional sheets can be attached if necessary to provide all the required information. This detailed information allows Goldfish Swim School Franchising, LLC to assess the ownership structure and management of the Developer, ensuring transparency and accountability in the franchise relationship.