What costs are NOT included in the estimated range for real estate/rent for a Goldfish Swim School?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
this category includes your costs to enter into a lease agreement for the facility and rental expense for the opening period of operations (3 months). These estimates do not include property acquisition or real estate costs. If you choose to purchase the building you will not have a lease deposit or rent.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–27)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, the estimated range for real estate and rent, which ranges from $0 to $82,000, includes the costs to enter into a lease agreement and rental expenses for the first three months of operation. However, this estimate does not include property acquisition or real estate costs.
This means that the initial investment table in Item 7 of the FDD only accounts for the costs associated with leasing a facility, such as security deposits and rent. If a franchisee chooses to purchase the property instead of leasing, the purchase price and any associated costs are not included in the estimated range for real estate/rent.
Prospective franchisees should carefully consider whether they plan to lease or purchase a property for their Goldfish Swim School, as this decision will significantly impact their initial investment. If purchasing, they will need to budget for property acquisition costs separately from the estimated range provided in the FDD.