What was the reported net value of property and equipment for Goldfish Swim School in 2021?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
Notes to Consolidated Financial Statements
December 31, 2023, 2022, and 2021
Note 4 - Property and Equipment
Property and equipment are summarized as follows:
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
According to the 2025 Goldfish Swim School FDD, Note 4 to the consolidated financial statements provides a summary of property and equipment. However, the excerpt does not include the actual summarized values for property and equipment for 2021 or any other year.
Because the provided documentation does not contain the specific net value of property and equipment for Goldfish Swim School in 2021, a prospective franchisee should request this information directly from the franchisor. This figure would be useful in evaluating the company's asset base and financial health.
Specifically, a potential franchisee should ask Goldfish Swim School for the complete Note 4, which should detail the breakdown of property and equipment including original cost, accumulated depreciation, and net book value for the years 2023, 2022, and 2021. Understanding these figures can help a franchisee assess the capital investment Goldfish Swim School has made in its own operations.