factual

When is the relocation assistance fee due to Goldfish Swim School?

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
Insurance Policies $1,000 - $3,500 Upon demand Amount of unpaid premiums plus our reasonable expenses in obtaining the policies. Payable to us only if you fail to maintain required insurance coverage and we elect to obtain coverage for you. (Section 15.5)
Transfer Fee $2,500 if the transfer is to a transferee who is already part of the System, 50% of the then-current initial franchise fee if the transferee is new to the System. $10,000 under the Area Development Agreement At the time of transfer Payable to us at time of transfer. Does not apply to an assignment under Section 18.3 of the Franchise Agreement or an assignment under Section 8.C of the Area Development Agreement.
Relocation $1,500 Time of If you need our assistance to relocate, you must
As

Source: Item 6 — OTHER FEES (FDD pages 17–21)

What This Means (2025 FDD)

According to Goldfish Swim School's 2025 Franchise Disclosure Document, the relocation assistance fee of $1,500 is due at the time of assistance. This fee is incurred if a franchisee requires assistance from Goldfish Swim School to relocate their franchise.

This means that if a Goldfish Swim School franchisee needs help from the franchisor to move their existing location, they will be charged $1,500 for this service. It is important to note that this fee covers the cost of Goldfish Swim School's assistance, and the franchisee must also reimburse any additional costs the franchisor incurs during the relocation process.

Prospective franchisees should consider the potential need for relocation assistance and factor this fee into their financial planning. It is advisable to discuss the scope of relocation assistance provided by Goldfish Swim School and what specific services are included in this assistance to fully understand the value and potential costs associated with it.

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.