What is the legal structure of Goldfish Swim School Franchising LLC?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
We formed a limited liability company in Michigan on June 19, 2008 for the purpose of offering Goldfish Swim School franchises. Our principal business address is 2701 Industrial Row Drive, Troy, Michigan 48084. We do business under our corporate name and the name Goldfish Swim School. We have offered franchises since 2008.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENTS, PREDECESSORS AND AFFILIATES (FDD pages 10–13)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, Goldfish Swim School Franchising LLC was formed as a limited liability company (LLC) in Michigan on June 19, 2008. The company's principal business address is 2701 Industrial Row Drive, Troy, Michigan 48084. Goldfish Swim School Franchising LLC operates under its corporate name and the name Goldfish Swim School and has been offering franchises since 2008.
As an LLC, Goldfish Swim School Franchising LLC combines the benefits of a corporation and a partnership. The owners have limited personal liability for the business's debts and obligations, similar to a corporation. At the same time, it offers more flexibility in terms of management and taxation, similar to a partnership. This structure is common for franchise companies as it provides a balance between liability protection and operational flexibility.
For a prospective franchisee, understanding the franchisor's legal structure is important for assessing the stability and potential risks associated with the franchise. The franchisee can be assured that Goldfish Swim School has been operating as a franchise system since 2008. Knowing that Goldfish Swim School Franchising LLC is an LLC provides insight into the legal and financial framework within which the franchise operates.