factual

Who is responsible for the costs associated with additional training required by Goldfish Swim School?

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisor shall have the right to require the Designated Manager, on-site general manager if different from the Designated Manager, Control Person, or other owner of Franchisee to attend additional training of up to four (4) times per year and up to eight (8) days per year at times and locations Franchisor determines. Franchisee shall be responsible for all costs associated with such additional training, including tuition, travel, meals, lodging, and other expenses.

Source: Item 23 — RECEIPTS (FDD pages 77–389)

What This Means (2025 FDD)

According to the 2025 Goldfish Swim School FDD, the franchisee is responsible for all costs associated with additional training that the franchisor requires the Designated Manager, on-site general manager (if different from the Designated Manager), Control Person, or other owner of the franchisee to attend. These costs include tuition, travel, meals, lodging, and other expenses. The franchisor has the right to require additional training up to four times per year, for up to eight days per year, at times and locations determined by the franchisor.

This means that a Goldfish Swim School franchisee must budget for potential additional training expenses for themselves and their key personnel. The frequency and duration of the training, as well as the location, are all determined by Goldfish Swim School, which may impact the overall cost to the franchisee. It is important to note that attendance at the training is not optional if required by the franchisor.

Franchisees should consider the potential financial burden of these additional training requirements when evaluating the Goldfish Swim School franchise opportunity. It would be prudent for a prospective franchisee to discuss with existing franchisees their experiences with additional training requirements and the associated costs. This will help in accurately forecasting potential expenses and assessing the overall profitability of the 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.