Goldfish Swim School

Franchise agreement

Franchisee shall maintain full, complete, and accurate books, records and accounts in accordance with the standard accounting system and standard chart of accounts prescribed by Franchisor in the Confidential Brand Standards Manual or otherwise in writing

Item 11

We have the right to independently access all information you collect or compile at any time without first notifying you.

Franchise agreement

Franchisee shall supply to Franchisor on or before the twentieth (20th) day of each month, in a form approved by Franchisor, a balance sheet as of the end of the last day of the preceding month and an income statement for the preceding month and the fiscal year-to-date.

Item 8

We or our affiliate are a Designated Supplier for real estate services for which the Real Estate Fee is paid to us.

Item 11

we established a “Brand Advisory Council” in which some franchisees participate that may have input on advertising or marketing initiatives.

Item 8

We have the right to change Designated Suppliers or add new Designated Suppliers to our System in our discretion and you must comply with such standards at your sole cost and expense.

Item 8

In fiscal year 2025, neither we nor our Affiliate received any amount in rebates based upon purchases by our franchisees.

Item 8

We estimate that approximately 35% to 45% of your expenditures on an ongoing basis will be for goods and services that must be purchased from either us, our Affiliate, an approved supplier or according to our standards and specifications.

Item 8

You must pay our costs for the evaluation of the goods, services or suppliers.

Item 8

If you would like to use any goods or services in establishing and operating the franchised swim school that we have not approved (for goods and services that must meet our standards, specifications or that require supplier approval), you must first send us sufficient information, specifications and samples for us to…

Item 17

assign your telephone and facsimile numbers to us

Franchise agreement

Franchisee agrees to comply with the then-current Payment Card Industry Data Security Standards as those standards may be revised and modified by the PCI Security Standards Council, LLC (see www.pcisecuritystandards.org), or any successor organization or standards that we may reasonably specify.

Franchise agreement

Franchisor or its designee has the right, during normal business hours, to examine, copy and audit the books, records and tax returns of Franchisee for the previous three fiscal years.

Franchise agreement

Franchisor has the right to add to, delete from or otherwise modify or revise the Confidential Brand Standards Manual from time to time to reflect changes in the specifications, standards, operating procedures and rules prescribed by Franchisor

Franchise agreement

Franchisee shall not locate the Franchised Swim School on a selected site without the prior written acceptance of Franchisor.

Item 11

You are restricted from establishing a presence on, or marketing on the Internet or any social media, such as, without limitation, Facebook, Twitter, Four Square, Instagram, Tic Toc, Snapchat, etc., without our consent.

Item 11

During the period of time prior to opening your franchised swim school through the first 3 months of operations, you must spend an amount we require (between $30,000 and $70,000) on initial advertising expenses for advertising, marketing, and promotion.

Item 11

Each quarter, you must spend 2% of gross sales on advertising, promotions and public relations in the local area surrounding the franchised swim school.

Item 11

If formed, you must participate in any cooperative advertising program established in your region.

Item 8

You must purchase all of your supplies (“Approved Supplies”) including without limitation your furniture, fixtures, equipment, including computer equipment, inventory, and signage under specifications in the Goldfish Swim School Confidential Brand Standards Manual (“Confidential Brand Standards Manual”) and through…

Franchise agreement

Franchisee may not use any Credit Card Vendors that Franchisor has not approved in writing or for which Franchisor has revoked approval.

Franchise agreement

Franchisee shall pay all Royalty Fees, Brand Fund Contributions, software license fee, amounts due for purchases by Franchisee from Franchisor and other amounts due to Franchisor through an Electronic Depository Transfer Account.

Franchise agreement

Franchisee shall also accept debit cards, stored value gift cards or other non-cash payment systems specified by Franchisor to enable customers to purchase authorized products and services.

Item 15

The franchised swim school must always be under the direct, full-time, day-to-day supervision of a Designated Manager or on-site general manager if different from the Designated Manager, who is certified and approved by us.

Franchise agreement

Franchisee shall abide by any uniform or dress code requirements stated in the Confidential Brand Standards Manual or otherwise.

Item 11

You must purchase and use any hardware and software programs we designate.

Item 11

We have the right to independently access all information you collect or compile at any time without first notifying you.

Item 11

The service level you will select will give you access to a custom email domain, Customer Relationship Management software, and Customer Scheduling/Billing/Payment software that is specific to our business, and software licenses from multiple providers of varying numbers, depending upon the level of service.

Item 11

Periodically, you, your managers or employees, including the Designated Manager and on- site general manager may be required to attend refresher-training programs to be conducted at our headquarters or another location we designate.