The Swim Squad

At a Glance

Products & Services: At-home swimming lessons

Number of Locations: 17

Total Investment: $38.7K - $56K

Founded: 2007

Began Franchising: 2009

Franchise Units

Year U.S. Canadian International Company Owned
2011 0 0 0 17
2010 0 0 0 10
Where Seeking Franchisees: Franchisor is seeking new franchise units throughout the U.S.
Direct Capital

Startup Costs, Ongoing Fees and Financing

Total Investment: $38,700 - $56,000
Franchise Fee: $30,000
Ongoing Royalty Fee: 6%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $25,000
Liquid Cash Available: $10,000
Operations
Franchise can be run from home. Number of employees needed to run franchised unit: 5 - 20. Absentee ownership of franchise is NOT allowed..
Direct Capital
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: At franchisee's location: 1 week.
Ongoing Support: Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations
Marketing Support: Ad slicks, Regional advertising,