factual

To whom is the Real Estate/Rent payment for a Goldfish Swim School made?

Goldfish_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

YOUR ESTIMATED INITIAL INVESTMENT

Type of Expenditure Amount Method of Payment When Due To Whom Payment Is To Be Made
Franchise Fee 1 $40,000 - 50,000 ,000 - 50,000 Cashier's Check Us
Real Estate Fee $0 - 2,500 Cashier's Check
Real Estate/Rent 3 $0 - 82,000 As Arranged Before and During Ini

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 21–27)

What This Means (2025 FDD)

According to the 2025 Goldfish Swim School Franchise Disclosure Document, real estate and rent payments are made to the lessor. The estimated initial investment for real estate and rent can range from $0 to $82,000, depending on whether the franchisee owns the property or leases it.

This payment covers the costs associated with leasing a facility suitable for operating the Goldfish Swim School, typically ranging from 6,000 to 9,500 square feet. The estimate includes expenses to enter into a lease agreement and rental expenses for the initial three months of operation. However, it does not include property acquisition or real estate costs if the franchisee chooses to purchase the building.

Prospective franchisees should consider the variability of real estate costs based on location, square footage, and maintenance costs. The lower end of the estimate assumes property ownership, eliminating security deposit and rent obligations. Conversely, the higher estimate assumes leasing and includes three months' rent plus a security deposit. Franchisees should also investigate potential security deposit refunds if the lease is canceled before occupying the premises.

Understanding these real estate payment details is crucial for budgeting and financial planning. Franchisees should carefully evaluate their real estate options, considering both leasing and purchasing, to determine the most suitable and cost-effective approach for their Goldfish Swim School location.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.