How many Goldfish Swim School outlets ceased operations for other reasons in Michigan during 2022?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| S 2022 TO 2024 | ||||||||
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termin -ations | Non- Renewals | Reacquired by Franchisor | Ceased Operations – Other Reasons | Outlets at End of the Year |
| Alaba |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 68–76)
What This Means (2025 FDD)
According to Goldfish Swim School's 2025 Franchise Disclosure Document, there were no Goldfish Swim School outlets in Michigan that ceased operations for other reasons during 2022. The FDD provides a table outlining the status of franchise outlets from 2022 to 2024, detailing openings, terminations, non-renewals, re acquisitions, and instances of ceased operations for other reasons.
Specifically, the table shows that in Michigan during 2022, there were 8 outlets at the start of the year, no outlets opened, no terminations, no non-renewals, no re acquisitions by the franchisor, and no outlets that ceased operations for other reasons. This resulted in 8 outlets at the end of the year.
This information is valuable for prospective franchisees as it provides insight into the stability and performance of existing Goldfish Swim School locations. A lack of closures for 'other reasons' may indicate a healthy franchise system, but further investigation into the specific reasons for closures in other states or in previous years could provide a more comprehensive understanding of potential risks.