Goldfish Swim School Franchising LLC

Goldfish Swim School Franchising LLC

Infant and child swimming lessons
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2021 Franchise 500 Rank
#29 Ranked #28 last year
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Initial investment
$1.4M - $3.2M
Units as of 2020
108 134.8% over 3 years

Company Overview

About Goldfish Swim School Franchising LLC

Founded
2006
Leadership
Chris McCuiston, CEO

Franchising Overview

Franchising Since
2008 (13 years)
# of employees at HQ
35
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees in the following international regions: Canada

# of Units
108 (as of 2020)

Franchisor Information

Corporate Address
2701 Industrial Row Dr.
Troy, MI 48084

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Goldfish Swim School Franchising LLC 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
$1,370,283 - $3,230,358
Net Worth Requirement
$1,500,000
Cash Requirement
$600,000
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
20 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

Third Party Financing
Goldfish Swim School Franchising LLC has relationships with third-party sources which offer financing to cover the following: franchise fee, startup costs, equipment, inventory, accounts receivable, payroll

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
40 hours
Classroom Training
40 hours
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
45
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Goldfish Swim School Franchising LLC landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Goldfish Swim School Franchising LLC ranked on other franchise lists? Find out below.

Ranked #29

Franchise 500 Ranking

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021