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Which items in the Goldfish Swim School Disclosure Document discuss pre-opening purchases and leases?

Q: Which items in the Goldfish Swim School Disclosure Document discuss pre-opening purchases and leases?

ur third swim school or thereafter. (Section 8.2) - 7. provide you with an Approved Supplies List and an Approved Suppliers List to provide you the goods and services necessary to operate the franchised swim school. (Section 13.1) - 8. provide to you, on loan, one copy of the Goldfish Swim School Confidential Brand Standards Manual or provide you with access to an electronic copy of the Confidential Brand Standards Manual. The approximate total number of pages in the Confidential Brand Standards Manual as of the date of this Disclosure Document is 227. Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 30–32)

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

ur third swim school or thereafter. (Section 8.2)

1. provide you with an Approved Supplies List and an Approved Suppliers List to provide you the goods and services necessary to operate the franchised swim school. (Section 13.1)
1. provide to you, on loan, one copy of the Goldfish Swim School Confidential Brand Standards Manual or provide you with access to an electronic copy of the Confidential Brand Standards Manual. The approximate total number of pages in the Confidential Brand Standards Manual as of the date of this Disclosure Document is 227.

Source: Item 9 — FRANCHISEE'S OBLIGATIONS (FDD pages 30–32)

What This Means (2025 FDD)

Based on the 2025 Goldfish Swim School Franchise Disclosure Document, Item 11 generally discusses the franchisor's assistance, which includes providing an Approved Supplies List and an Approved Suppliers List to help franchisees procure the goods and services necessary to operate their swim school. This implies guidance on pre-opening purchases. Additionally, Item 22 references several contracts attached as exhibits, including Exhibit 6, titled "Conditional Assignment of Lease," and Exhibit 7, "Option to Purchase," which relate to lease and real estate options.

Item 11 of the Goldfish Swim School FDD details the support provided before opening, such as on-site assistance for a limited number of days for the first and second swim schools. However, it does not specify the types of pre-opening purchases a franchisee will need to make. Item 22 lists various contracts, including those related to leases and purchase options, but it does not provide details on the specific terms or conditions within those agreements.

A prospective Goldfish Swim School franchisee should carefully review Item 11 and the referenced exhibits in Item 22 to understand the scope of pre-opening support and the terms of any lease or purchase agreements. They should also ask the franchisor for a detailed list of required pre-opening purchases and typical lease terms to better estimate their initial investment and ongoing obligations. Understanding these aspects is crucial for assessing the financial viability and operational requirements of a Goldfish Swim School franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.

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