What were the total current assets for Goldfish Swim School in 2021?
Goldfish_Swim_School Franchise · 2025 FDDAnswer from 2025 FDD Document
and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Cash Equivalents
The Company considers all investments with an original maturity of t
Source: Item 22 — CONTRACTS (FDD pages 76–77)
What This Means (2025 FDD)
I am unable to provide the total current assets for Goldfish Swim School in 2021, as this information is not present within the provided excerpts from the 2025 Franchise Disclosure Document. The excerpts do contain information on restricted cash for advertising funds, which was $1,563,734 as of December 31, 2021. This figure represents cash specifically set aside for advertising purposes and is not available for general use by Goldfish Swim School.
Additionally, the excerpts detail the number of signed franchise and area development agreements, as well as the number of operating swim schools for the years 2020, 2021, 2022 and 2023. For example, at the end of 2021, there were 157 signed franchise agreements, 47 signed area development agreements, and 121 swim schools open and operating. These figures provide insight into the growth and expansion of the Goldfish Swim School franchise system.
To obtain the total current assets for Goldfish Swim School in 2021, a prospective franchisee should specifically request this information from the franchisor. Understanding the company's asset position is crucial for assessing its financial stability and overall health, which can impact the franchisee's investment and the franchisor's ability to support its franchisees.