How many Goldfish Swim School outlets were operating in California at the start of 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 |
| Alabama | 2022 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 2 | 0 | 0 | 0 | 0 | 3 | |
| 2024 |
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 was one outlet operating in California at the start of 2022. The table outlining the status of franchise outlets from 2022 to 2024 provides a breakdown of openings, terminations, and other changes in each state. This information is crucial for potential franchisees to understand the growth and stability of the franchise system in specific regions.
For a prospective franchisee, knowing the number of existing outlets at the beginning of a year helps gauge the market saturation and brand presence in a particular state. In California's case, starting with only one outlet in 2022 suggests that the market was relatively untapped at that time. However, the FDD does not show any additional outlets opening in California in the years 2023 or 2024, which could indicate slower growth or specific challenges in that market.
It's important to note that while the number of outlets remained constant in California during this period, this doesn't necessarily reflect the potential for future growth. The FDD also projects four new franchised outlets and two new company-owned outlets for California in the next fiscal year. A potential franchisee should investigate the reasons behind the lack of growth between 2022 and 2024 and evaluate whether the projected new openings represent a realistic opportunity.