What was the consolidated net income for Goldfish Swim School as of December 31, 2022?

Based on the 2025 Franchise Disclosure Document, the consolidated net income for Goldfish Swim School as of December 31, 2022, is not explicitly stated. However, the document does include information regarding the company's accounting practices, such as the basis of accounting, principles of consolidation, and use of estimates. It also mentions that the company is treated as a partnership for federal income tax purposes, meaning that federal income taxes are not directly payable by the company, and members are taxed individually on their share of the earnings.

Furthermore, the FDD provides details on revenue recognition, noting that Goldfish Swim School earns revenue from royalties, franchise fees, brand fund fees, and technology fees. The initial term of franchise agreements is typically 15 years. The document also mentions restricted cash, which is equal to the amount of unspent advertising funds on deposit. As of December 31, 2022, this amount was $260,904.

Since the specific consolidated net income figure is not provided, prospective franchisees should directly request this information from Goldfish Swim School. Understanding the net income would be crucial in evaluating the overall financial health and profitability of the franchisor. This information, combined with the details provided in the FDD regarding revenue streams and expenses, will offer a more complete financial picture for potential investors.