How will Goldfish Swim School notify franchisees of changes to the Brand Fund Contribution requirements?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisor has the right to change or modify the System from time to time including, without limitation, the adoption and use of new or modified Marks or copyrighted materials, the presentation of the Marks, and computer hardware, software, required equipment, inventory, supplies, signs or sales and marketing techniques, certification requirements, modifications to the Confidential Brand Standards Manual, the offered products and services, the building and premises of the Franchised Swim School (including the trade dress, décor, and color schemes), and the adoption of new administrative forms and methods of reporting and payment of any monies owed to Franchisor (including electronic means of reporting and payment). Within 30 days after receipt of written notice from Franchisor, Franchisee shall begin selling any newly authorized products and services and cease selling products and services that are no longer authorized. Franchisee shall accept and use any such changes in, or additions to, the System as if they were a part of this Agreement as of the Effective Date. Franchisee shall make such expenditures as such changes, additions or modifications in the System as Franchisor may require at Franchisee's sole cost and expense. Any required expenditure for changes or upgrades to the System shall be in addition to expenditures for repairs and maintenance as required in Section 13.2. Franchisee shall be required to make any and all improvements or modifications whenever such are required by law, regulation, agency decision or court order.
Source: Item 23 — RECEIPTS (FDD pages 77–389)
What This Means (2025 FDD)
Based on the 2025 Franchise Disclosure Document, Goldfish Swim School has the right to change or modify the System from time to time. This includes adopting new or modified marks, copyrighted materials, computer hardware, software, required equipment, inventory, supplies, signs, sales and marketing techniques, certification requirements, modifications to the Confidential Brand Standards Manual, the offered products and services, and the building and premises of the Franchised Swim School.
Goldfish Swim School will provide franchisees with written notice of these changes. Franchisees are then required to begin selling any newly authorized products and services and cease selling products and services that are no longer authorized within 30 days of receiving this notice. Franchisees must accept and use these changes as if they were part of the original agreement.
Furthermore, franchisees are responsible for any expenditures required to implement these changes or modifications to the System. These costs are in addition to regular repair and maintenance expenses. Franchisees must also make any improvements or modifications required by law, regulation, agency decision, or court order. This ensures that all Goldfish Swim School locations adhere to the updated standards and policies of the franchise system.