On average, annual gross revenue for each franchise open 12 months or more is around $1.7 million. Selected Operating Expenses (as defined in the FDD) for franchises open 12 months or more average approximately $1,023,000. Profit Before Other Expenses (as defined in the FDD), for franchises open 12 months or more average approximately $710,000.
Full Answer
Are swim schools profitable?
In general, a swim school has a decent profit margin, with many in the profit margin of 20 to 30 percent, which is particularly high for a service industry.
How much does a Goldfish Swim School franchise make?
around $1.7 millionOn average, annual gross revenue for each franchise open 12 months or more is around $1.7 million. Selected Operating Expenses (as defined in the FDD) for franchises open 12 months or more average approximately $1,023,000.
Is British Swim School a good franchise?
Ranked #63 on Entrepreneur's List of Top Low Cost franchises under $100k in 2022, British Swim School is an easily scalable model, with the added bonus of being a purpose-driven brand providing a life-skill to your community. Backed by multi-brand franchisor, Buzz Franchise Brands - winner of Inc.
How much is British Swim School franchise?
$93,700 to $125,850Though actual costs vary depending on the territory location you operate, the estimated initial investment for purchasing a British Swim School franchise ranges from $93,700 to $125,850. The following chart is an estimated initial investment for a single franchise and is for illustration only**.
How much does it cost to open a goldfish franchise?
The total investment cost for a single Goldfish Swim School ranges from $1,355,283 to $3,266,858. In general, our financial pre-approval requirements for a single Goldfish are a minimum net worth requirement of $1,500,000 and a minimum liquid capital for investment of $600,000.
Is Goldfish a franchise?
The swimming business started franchising in 2008 following a rise in demand for swimming lessons. Since then, the Goldfish Swim School franchise has expanded to many locations in both the United States and Canada.
How many British Swim School franchises are there?
Flash forward to today and British Swim School is recognized as the fastest growing swim school franchise in the US, with over 60 franchise locations and over 215 schools. Over the course of our 40-year history, British Swim School has taught nearly 100,000 students – and counting – how to be safer, stronger swimmers!
Why is it called British Swim School?
So why British? We are British Swim School because our founder, Rita Goldberg, started our organization in Great Britain. Back in 1981, she built an indoor pool in her own home to teach babies and children the importance of the back float, to reduce the infant drowning statistic.
How much does a SafeSplash Swim School franchise make?
Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?
As of the 2018 Franchise Disclosure Document, there are 77 franchised SafeSplash Swim School locations in the USA.
Are there any SafeSplash Swim School franchise opportunities near me?
Based on 2018 FDD data, SafeSplash Swim School has franchise locations in 15 states plus DC. The largest region is the West with 28 franchise locations.
Do they provide any initial training and opening assistance?
Yes, they have an initial training program of 144 hours. This includes 87 hours of classroom training and 57 hours of on-the-job training. In their FDD they outline who’s in charge of the training. Unlock to find out more.
Establishing Highly Trained Staff Through Extensive Training
Day to day, most of the work done at any Big Blue location is done by highly trained staff, hired by the franchise partner.
Second-to-none Proprietary Technology Helps Operations Run Smoothly
Once the right staff is hired, Big Blue sets its franchise partners up for success with its proprietary, cloud-based, enterprise software LessonBuddy™. The technology solution makes it easy for parents to fit swim lessons into their lives, allowing multi-child families to schedule and reschedule lessons with the swipe of their finger.
Inspiring Life Changing Moments and Smiling Customers
As Campbell points out, the brand is focused on ensuring each location is set up for the best possible pathway to success through critical services such as site selection, staffing, construction, technology, and marketing, allowing franchise partners to focus entirely on creating a positive and memorable customer experience.
ABOUT BIG BLUE SWIM SCHOOL
Big Blue Swim School was founded in 2009 by competitive swimmer Chris DeJong. The first location opened in Wilmette, Illinois, followed by four additional Chicagoland schools. In 2017, Level 5 Capital Partners acquired a stake in the brand. Through that investment, Big Blue plans to grow through franchising to 150 pools by 2021.
Is Goldfish Swim School a franchise?
Family-owned since its inception, Goldfish Swim School is more than a franchise – it’s a business that franchisees truly treasure. Goldfish Swim School is more than an investment to its franchisees – it’s a tropical, family-friendly environment that teaches kids crucial life-saving and life-changing skills.
Is Jenny McCuiston a swimmer?
It's not just a passion for kids or a passion for swimming... it's a special passion for changing lives. As a life-long swimmer that achieved national prominence, Jenny McCuiston realized the need for quality swim lessons focused solely on children in a family-friendly environment.
What is a streamline swimtastic?
About the Streamline Brands Family. Swimtastic is part of the Streamline Brands family which consists of premium swim school brands including SafeSplash, SwimLabs, Swimtastic, and Saf-T-Swim. This brand family is unlike any other franchise in the swim school industry.
What is Swimtastic dedicated model?
We offer a Swimtastic dedicated model that allows you to build out a single brand facility offering all of the programs and support that make this franchise brand so unique.
What is SwimLabs Swim School?
By combining our premium learn-to-swim concept with the most advanced swim technology concept in the market, SwimLabs, our unique dual swim schools (Swimtastic + SwimLabs Swim School) are able to serve the entire spectrum of swimmers. With beginner swimmers in our large warm-water pools to advanced swimmers and triathletes in our SwimLabs tanks, our swim school concept serves swimmers of all ages and abilities, expanding your franchise business model to serve your entire community.
Is Swimtastic a franchise?
Swimtastic is unlike any other swim school franchise out there. With over 30 years of proven swim school success and millions of lessons taught, you can rely on a franchise network that has experienced it all. As the official swim school provider of USA Swimming and a trusted swim school brand throughout the US, we have many well-known brand partners in the swim industry including Olympian Missy Franklin, TYR, many of the top health and fitness clubs and SwimOutlet to name a few.
Is learning to swim a trend?
We think we’ve found it. Learning to swim is not a trend, it’s a life skill, making it the perfect business to franchise. When done right, swim schools become an integral element in local communities and are beloved by families. Our swim schools enable a lifetime of water safety and opportunity by teaching the joy and skill of swimming.
How much does it cost to open a goldfish swim school?
The estimated investment required to open a Goldfish Swim School Franchise is between $1,370,283-$3,230,358. There is an initial franchise fee of $50,000-$60,000 which grants you the license to run a business under the Goldfish Swim School name.
Where is Goldfish Swim School?
Goldfish Swim School, which has attracted hundreds of Rochester families since opening in Birmingham five years ago, will build a facility in the Rochester area this year, founder Chris McCuiston said this week. McCuis...
When was Goldfish founded?
Goldfish was launched in 2006 as a mom-and-pop operation in Birmingham by Chris and Jenny McCuiston. Today -- thanks in part to a marketing boost fro... Goldfish To Build Swim School In Rochester Area. Children of Rochester will soon have a new place to splash, float and swim.
Survival of the Littlest
British Swim School has leveraged a proven franchising model to become a leader in the $5 billion Learn to Swim School industry. This is a low investment and easily scalable model, with the added bonus of being a purpose-driven brand providing a life-skill to your community. Backed by multi-brand franchisor, Buzz Franchise Brands - winner of inc.
What Does a British Swim School Franchise Cost?
To buy a franchise with British Swim School, you'll need to have at least $100,000 in liquid capital and a minimum net worth of $150,000. Franchisees can expect to make a total investment of $93,700 - $125,850. British Swim School charges a franchise fee of $39,500. They also offer financing via 3rd party as well as a discount for veterans. *
Franchisor Details
Learning to swim is an essential life skill that every child should know, but it's about more than just mastering the perfect swim stroke; it's about teaching water safety and survival techniques to combat the many lives lost to drowning.
