What is the initial franchise fee for the first Goldfish Swim School to be developed?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
ol or Swim school – the Goldfish Swim Schools to be established, developed, and operated by Developer pursuant to this Agreement.
Franchise Fee - an initial per Franchised swim school fee (more fully defined in the Franchise Agreement) paid by Developer to us. The Initial Franchise Fee for the first franchised swim school to be developed under the Development Schedule shall be $50,000. The
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to Goldfish Swim School's 2025 Franchise Disclosure Document, the initial franchise fee for the first swim school to be developed under the Development Schedule is $50,000. This fee is payable by the developer to Goldfish Swim School Franchising, LLC.
Notably, this initial franchise fee applies specifically to the first franchised swim school under a development schedule. If a developer plans to open multiple Goldfish Swim School locations, the initial franchise fee for each subsequent location is reduced to $40,000. This tiered fee structure is designed to incentivize multi-unit development.
Prospective franchisees should understand that this initial fee grants them the right to develop and operate a Goldfish Swim School franchise. It's a one-time, non-refundable payment for the initial franchise rights. In addition to this fee, franchisees will also be responsible for other costs associated with opening and operating the swim school, such as construction, equipment, and ongoing royalty fees.