In what state did a Goldfish Swim School franchise transfer to a new owner in 2023?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
| TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024 | ||
|---|---|---|
| State | Number of Transfers | |
| Colorado | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Connecticut | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Florida | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| Illinois | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Maine | 2022 | 0 |
| 2023 | 1 | |
| 2024 TRANSFERS OF OUTLETS FROM FRANCHISEES TO NEW OWNERS (OTHER THAN THE FRANCHISOR) FOR YEARS 2022 TO 2024 | 0 | |
| Maryland | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Michigan | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Missouri | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Oklahoma | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Virginia | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| New York | 2022 | 1 |
| 2023 | 0 | |
| 2024 | 0 | |
| New Jersey | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 0 | |
| Wisconsin | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| Total | 2022 | 5 |
| 2023 | 4 | |
| 2024 | 1 |
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 four transfers of franchise outlets to new owners in 2023. Specifically, one Goldfish Swim School franchise each was transferred in Illinois, Maine, Missouri, and Wisconsin during that year.
This information is relevant to prospective franchisees as it provides insight into the resale market for Goldfish Swim School franchises. A transfer indicates that an existing franchisee has sold their business to a new owner, which can occur for various reasons, such as retirement, relocation, or a change in business interests.
For a potential buyer, a transfer can represent an opportunity to acquire an established Goldfish Swim School location with an existing customer base and operating history. However, it's crucial to investigate the reasons behind the transfer and conduct thorough due diligence to assess the financial health and potential of the location. Understanding the number of transfers can also give a sense of the stability and desirability of the franchise system.
It is important to note that the FDD only discloses transfers from franchisees to new owners, excluding transfers back to the franchisor. Prospective franchisees should inquire about the reasons for any transfers and carefully evaluate the performance of any location they are considering purchasing.