What is the initial franchise fee required to be paid to Goldfish Swim School Franchising, LLC?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
wim School Franchising, LLC and Subsidiary (the "Company") is engaged in franchising and support of franchisees in the establishment and operations of Goldfish Swim Schools. Franchise schools are located throughout the United States.
The Company executes fra
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 is $50,000. This fee grants the franchisee the right to operate a Goldfish Swim School. However, the franchise agreement notes that there is a reduction in the franchise fee for franchisees who open additional locations.
For those pursuing area development, the initial franchise fee for the first swim school remains $50,000. However, the fee is reduced to $40,000 for each subsequent swim school developed under the agreed-upon development schedule. This reduction incentivizes multi-unit development within a specified territory.
It is important to note that the initial franchise fee is just one component of the overall investment required to open a Goldfish Swim School. Prospective franchisees should carefully review the complete FDD to understand all associated costs, including royalties, brand fund contributions, and other fees, to accurately assess the financial commitment involved.