Can Goldfish Swim School revoke its approval of any item, service, or supplier?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee may not use any Credit Card Vendors that Franchisor has not approved in writing or for which Franchisor has revoked approval.
Franchisor has the right to modify the requirements and designate additional approved or required methods of payment and vendors for processing such payments, and to revoke approval of any such service provider.
Franchisee must sign a Gift Card Participation Agreement if required to designate a vendor or to establish procedures for administering the gift card program.
Franchisee must comply with Franchisor's credit card policies, including minimum purchase requirements for a customer's use of a credit card as prescribed in the Confidential Brand Standards Manual.
Source: Item 23 — RECEIPTS (FDD pages 77–389)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School FDD, Goldfish Swim School can revoke approval of credit card vendors. Specifically, franchisees may not use any Credit Card Vendors that Goldfish Swim School has not approved in writing or for which Goldfish Swim School has revoked approval.
Goldfish Swim School also has the right to modify the requirements and designate additional approved or required methods of payment and vendors for processing such payments, and to revoke approval of any such service provider. This allows Goldfish Swim School to maintain control over payment processing and ensure consistency across all franchise locations.
This policy ensures that franchisees use only approved and reliable credit card processing services, reducing the risk of fraud or technical issues. However, it also means that franchisees must stay updated with Goldfish Swim School's approved vendor list and be prepared to switch vendors if Goldfish Swim School revokes approval from a previously approved vendor. Franchisees are also required to sign a Gift Card Participation Agreement if required to designate a vendor or to establish procedures for administering the gift card program and must comply with Goldfish Swim School's credit card policies.