What is the estimated total initial investment range to open a Goldfish Swim School?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| |
Area Development Agreement
| Type of | Amount | Method of | When Due | To Whom Payment Is |
|---|---|---|---|---|
| Expenditure | Payment | To Be Made | ||
| Development Fee2 | $70,000 | Cashier's Check | At Signing of Area Development Agreement | Us |
| Initial Investment for First Franchised outlet (less initial franchise fee as paid in the Development Fee) | $1,663,263 – 3,746,733 | As Provided Above | As Provided Above | As Provided Above |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–27)
What This Means (2025 FDD)
According to Goldfish Swim School's 2025 Franchise Disclosure Document, the estimated total initial investment for the first franchised outlet, less the initial franchise fee paid in the Development Fee, ranges from $1,663,263 to $3,746,733. When including the Development Fee of $70,000, the total initial investment ranges from $1,733,263 to $3,816,733.
This substantial investment covers various expenses, including the franchise fee, real estate costs (which can vary widely based on whether the franchisee owns or leases the property), architectural fees, leasehold improvements, insurance, training, furniture, fixtures, equipment, computers, decor, initial advertising, licenses, permits, deposits, legal and accounting fees, project manager services, water tap fees, and additional funds for operating expenses. The FDD provides a detailed breakdown of these costs, offering a clearer picture of where the investment dollars are allocated.
Prospective franchisees should note that many of these initial costs, such as franchise fees, architectural fees, and leasehold improvements, are typically non-refundable. Goldfish Swim School recommends carefully reviewing these estimates with an accountant or business advisor before making any decision to buy a franchise, especially if the location is in a new market where initial investment expenses may differ significantly. Understanding the specific factors that can influence these costs, such as local media costs, site selection, and competition, is crucial for accurate financial planning.