Gold Medal Swim School offers swim lessons for all ages using Olympic-level techniques. The franchise provides professional swim training with a focus on safety and skill development.
Key Insights
- Gold Medal Swim School was created to bring much-needed innovation and professional standards to an industry that required modernization, focusing on developing scalable systems and processes that ensure consistent quality while adapting to local market conditions and customer preferences.
- Community building activities foster relationships among members that enhance motivation, accountability, and retention while creating supportive environments where individuals feel encouraged to pursue their fitness goals and celebrate achievements with like-minded peers.
- Economic factors support increased consumer spending on services that improve quality of life and provide convenience, creating growth opportunities for businesses that can deliver value while adapting to changing economic conditions and customer priorities.
Franchise Fee and Costs to Open
Exploring the financial picture of Gold Medal Swim School gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $552,500 - $1,146,000, along with a franchise fee of $30,000 - $30,000.
Financial Performance and Revenue
Training and Resources
Gold Medal Swim School provides comprehensive initial training. This program offers franchisees an in-depth understanding of operations. The training typically lasts for a specified duration and is conducted at Gold Medal Swim School's corporate headquarters. Franchisees also receive access to operational manuals and ongoing support resources.
Legal Considerations
Legal considerations for a Gold Medal Swim School franchisee are defined by the Franchise Disclosure Document (FDD) and the Franchise Agreement. This franchise does not disclose lawsuits or bankruptcy information in its FDD, but prospective franchisees should still review all terms thoroughly. Consultation with a qualified attorney is essential before making commitments.
Challenges and Risks
Operating a swim school franchise like Gold Medal involves navigating local market dynamics, where established competitors may exist. Franchisees will consider the operational complexity of managing staff, scheduling lessons, and maintaining facility standards. Reliance on specific training equipment and swim apparel suppliers presents another area for franchisee consideration in ensuring consistent availability and quality.
Franchise Datasheet
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