Goldfish Swim School Franchising LLC
At a Glance
Products & Services: Swimming lessons
Number of Locations: 3
Total Investment: $890.2K - 1.19M
Founded: 2006
Began Franchising: 2008
Private Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2011 | 2 | 0 | 0 | 1 |
| 2010 | 1 | 0 | 0 | 1 |
| 2009 | 1 | 0 | 0 | 1 |
| 2008 | 0 | 0 | 0 | 1 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the following states:
Illinois, Michigan, Midwest, Ohio, Pennsylvania.
Illinois, Michigan, Midwest, Ohio, Pennsylvania.
Startup Costs, Ongoing Fees and Financing
Total Investment: $890,200 - $1,192,500
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $40,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $300,000
Operations
33% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 45. Absentee ownership of franchise is allowed. (33% of current franchisees are owner/operators).| Financing Type | In-House | Third Party |
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How This Franchise Supports Franchisees
Training: Available at headquarters: 3 weeks. At franchisee's location: 7 days.
Ongoing Support: Newsletter, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising,
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