In 2023, were any Goldfish Swim School outlets reacquired by the franchisor in Alabama?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| STATUS OF FRANCHISE OUTLETS FOR YEARS 2022 TO 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termin -ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
| Alabama | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 |
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, there were no reacquired franchises in Alabama during 2023. The table provided in Item 20 outlines the status of franchise outlets from 2022 to 2024, showing that in 2023, zero outlets were reacquired by Goldfish Swim School in Alabama. However, two new outlets were opened, bringing the total number of outlets at the end of the year to three.
This information is crucial for potential franchisees as it provides insight into the stability and performance of Goldfish Swim School franchises in specific locations. The absence of reacquired franchises could indicate that existing franchise owners are finding success and continuing to operate their businesses. Conversely, a high number of reacquired franchises might suggest underlying issues with the franchise model or market conditions in that area.
Prospective franchisees should consider these figures alongside other factors, such as the number of new outlets opened and the overall financial performance of Goldfish Swim School, to gain a comprehensive understanding of the franchise's health and potential for success. It's also advisable to speak with current and former franchisees to gather firsthand accounts of their experiences and challenges.