How many years of audited financial statements are included for Goldfish Swim School?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Goldfish Swim School Franchising, LLC and Subsidiary (the "Company"), which comprise the consolidated balance sheet as of December 31, 2024, 2023, and 2022 and the related consolidated statements of operations, members' equity, and cash flows for the years then ended, and the related notes to the consolidated financial statements.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 76)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School Franchise Disclosure Document, the company includes three years of audited financial statements. The Independent Auditor's Report indicates that the consolidated balance sheets as of December 31, 2024, 2023, and 2022, along with the related statements of operations, members' equity, and cash flows for those years, have been audited.
This means that prospective franchisees can review Goldfish Swim School's financial performance over the past three years to assess the company's financial health and stability. Analyzing these statements can provide insights into revenue trends, profitability, and cash flow management, which are crucial factors for evaluating the franchise opportunity.
It is important for potential franchisees to carefully examine these audited financial statements and consult with a financial advisor to fully understand the implications. Reviewing the trends and financial position of Goldfish Swim School over these three years will assist in making an informed investment decision.