What is the average profit before other expenses for a Goldfish Swim School location?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| PROFIT BEFORE OTHER EXPENSES (8) | 679,119 | 31.6% 69 44.5% (685,464) | 361,153 | 617,147 | 897,409 | 3 ,141,627 |
- (8) Profit Before Other Expenses (which "other expenses" would include interest expense, taxes, depreciation, amortization, owner compensation and related expenditures, and other miscellaneous costs of doing business).
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 65–68)
What This Means (2025 FDD)
According to Goldfish Swim School's 2025 Franchise Disclosure Document, the average profit before other expenses for locations open at least 12 months as of December 31, 2024, is $679,119, based on the performance of 155 franchise locations. This figure represents 31.6% of total revenue. However, this profit calculation does not include other expenses such as interest, taxes, depreciation, amortization, owner compensation, and other miscellaneous business costs.
It's important to note that this average is derived from a range of performances, with some locations exceeding this average and others falling below. Specifically, 69 out of the 155 locations surpassed this average, representing 44.5% of the locations analyzed. The 25th percentile (1st quartile) for profit before other expenses was $361,153, the median (2nd quartile) was $617,147, and the 75th percentile (3rd quartile) was $897,409, with a high of $3,141,627. This indicates a wide range of profitability among Goldfish Swim School franchises.
A prospective franchisee should consider that these figures are averages and that individual results may vary significantly based on factors such as location, market conditions, and management skills. The FDD also emphasizes that the market where a Goldfish Swim School is located may differ markedly, and the average results achieved by the reporting franchises may not be typical for a new franchisee's area.
Goldfish Swim School also provides financial performance data for a smaller subset of franchises (19 locations) that had been open for their first full calendar year (between 12 and 24 months) as of December 31, 2024. While this data is not quoted here, it is available in the FDD and may provide a different perspective on the potential profitability of a new franchise during its initial years of operation. Prospective franchisees should carefully review both sets of data and consider their own circumstances when evaluating the potential financial performance of a Goldfish Swim School franchise.