- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.5M - $2.1M
- Units as of 2018
-
10 100.0% over 3 years
Company Overview
About Bear Paddle Swim School
Industry | Children's Businesses |
---|---|
Related Categories | Children's Fitness Programs |
Founded | 2010 |
Leadership | Ali Alizadeh, Founder and CEO |
Corporate Address |
1501 Washington Ave. S., #300 Minneapolis, MN 55454 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 2018 (6 years) |
---|---|
# of employees at HQ | 12 |
Where seeking |
This company is offering new franchises in the following US states: |
# of Units | 10 (as of 2018) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Bear Paddle Swim School franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$50,000 |
---|---|
Initial Investment
|
$1,484,900 - $2,088,650 |
Net Worth Requirement
|
$500,000 - $1,500,000 |
Cash Requirement
|
$200,000 - $500,000 |
Royalty Fee
|
6% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 54 hours |
---|---|
Classroom Training | 59 hours |
Ongoing Support |
Newsletter
Grand Opening
Online Support
Field Operations
Site Selection
|
Marketing Support |
Co-op Advertising
Ad Templates
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | Yes |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
# of employees required to run | 20-30 |
Are exclusive territories available?
|
Yes |
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