How many Goldfish Swim School outlets were operating in Michigan at the start of 2024?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired From Franchisee | Outlets Closed | Outlets Sold to Franchise e | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|
| Michigan | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 2 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 1 | 0 | 0 | 0 | 4 |
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 three Goldfish Swim School outlets operating in Michigan at the start of 2024. This number is based on the data provided in Item 20, which tracks the status of franchise outlets over the past three years. In 2023, two new Goldfish Swim School locations opened in Michigan.
For a prospective franchisee, this information indicates the growth and presence of Goldfish Swim School in Michigan. Knowing the number of existing outlets can help in assessing market saturation and potential competition. It also provides a baseline for evaluating the brand's performance and acceptance in the state.
It's important to note that while the number of outlets at the start of the year is provided, the FDD also includes data on outlets opened, reacquired, closed, and sold during the year, offering a comprehensive view of the franchise's dynamics. Reviewing these figures can give a more nuanced understanding of the franchise's stability and growth trends in Michigan.