2/10

Franchimp Summary Rating

2 /10
Investment Accessibility
Higher than 80% of peers

Franchise Summary

Description
The franchise offered is for the establishment and operation of a swim school that provides specialized quality swim instruction and superior customer service to its clients. The franchise aims to service local markets by offering group and private swim lessons as well as birthday parties, open swim times, swim clinics and many other aquatic activities to children aged 4 months to 12 years in a fun and colorful environment. The franchise will also service its clients by offering a snack bar and retail area.
Company Background
GOLDFISH SWIM SCHOOL offers a franchise opportunity for the establishment and operation of a swim school that provides specialized quality swim instruction and superior customer service to its clients. The franchise aims to service local markets by offering group and private swim lessons as well as birthday parties, open swim times, swim clinics and many other aquatic activities to children aged 4 months to 12 years in a fun and colorful environment. The franchise will also offer a snack bar and retail area.
Franchise Opportunity
The swim school market is highly competitive. It is hard to stand out among the competition and it takes a lot of time, effort and money to build up a client base. GOLDFISH SWIM SCHOOL has developed proprietary methods for teaching children how to swim that are proven effective by research studies conducted at Stanford University in California. These techniques have been adapted into an easy-to-follow program that will help children overcome their fear of water and learn how to become confident swimmers in as little as three months! Our franchisees also receive our exclusive Swim School Management Software (SSMS) which tracks all data related to clients, instructors, lessons and much more! This software allows us to provide consistent customer service across all locations while maintaining high standards of quality control. We support our franchisees with marketing materials such as banners, flyers, brochures etc., plus we offer them ongoing training so they can be successful from day one
Corporate Structure
Goldfish Swim School Franchising LLC formed a limited liability company in Michigan on June 19, 2008 for the purpose of offering Goldfish Swim School franchises. Their principal business address is 2701 Industrial Row Drive, Troy, Michigan 48084. They have offered franchises since 2008.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Franchise Types Available

# Type Investment Fees

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Goldfish Swim School Franchisees

Goldfish Swim School Franchise System Development in 2021

FAQ

How much investment do I need to start my own Goldfish Swim School business?
Franchisees typically require at least $1 to $3 investment to get their Goldfish Swim School business started
What are the initial franchise fees for Goldfish Swim School?
Franchisees typically need to pay at least $50 in fees directly to Goldfish Swim School in order to earn the right to launch their business
How much money can I make with a Goldfish Swim School franchise? What are the average revenues for a typical Goldfish Swim School business?
We haven’t done the math on how much revenue a typical Goldfish Swim School brings in each year. We estimate that other franchisees in the Health & Fitness industry generate $579,475 revenue, so we would expect Goldfish Swim School to generate a similar amount
How long do I need to commit to running a Goldfish Swim School unit? What is my contractual commitment?
Goldfish Swim School franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

2 /10
The Franchisor's investment costs ranges from $1,673,263 to $3,728,930 which is Much Higher than the $0 to $0 average in the Sports & Recreation industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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