In 2023, how many Goldfish Swim School outlets were reacquired from franchisees in Wisconsin?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
mation may be disclosed to other buyers when you leave the franchise system.
Table No. 4
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchise e | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–76)
What This Means (2025 FDD)
According to Goldfish Swim School's 2025 Franchise Disclosure Document, in 2023, one outlet in Wisconsin was reacquired from a franchisee. This means that Goldfish Swim School took over the operation of a previously franchised location in Wisconsin during that year.
For a potential franchisee, this indicates that Goldfish Swim School does, on occasion, reacquire franchises. This could be due to various reasons such as the franchisee's non-compliance with standards, financial difficulties, or a mutual agreement to terminate the franchise agreement. It's important to note that reacquisition doesn't necessarily reflect negatively on the franchise system as a whole, but it does highlight the possibility of such a scenario.
A prospective franchisee should inquire about the reasons for franchise reacquisition with Goldfish Swim School. Understanding the circumstances behind these re acquisitions can provide valuable insights into the challenges and potential pitfalls of operating a Goldfish Swim School franchise. This information can help a new franchisee better prepare for and mitigate potential risks.