Swimtastic provides swimming lessons for children and adults, along with water-related birthday parties and camps. The franchise offers a fun, safe environment to teach swimming skills, with flexible locations and scheduling options.
Key Insights
- Swimtastic developed through years of hands-on experience that revealed specific opportunities for improvement within the industry, resulting in innovative solutions that address common challenges while creating new possibilities for growth and customer satisfaction.
- Equipment selection and facility layout create motivating, safe environments that accommodate all fitness levels and exercise preferences while providing modern amenities and technology that enhance workout experiences and support member achievement of personal health and fitness goals.
- Demographic shifts create new customer segments with distinct needs and service preferences, requiring businesses to adapt their offerings while maintaining core quality standards, creating opportunities for growth through market diversification and specialized service development.
Franchise Fee and Costs to Open
Exploring the financial picture of Swimtastic 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 $47,500 - $1,638,000, along with a franchise fee of $25,000 - $50,000.
Financial Performance and Revenue
Yearly gross sales of $949,877 and estimated earnings of $132,983 - $170,978 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.0-8.0 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Swimtastic provides a comprehensive training program for new franchisees. Initial training spans two weeks and is conducted at Swimtastic's corporate headquarters. Swimtastic offers ongoing support and a robust resource library. The franchisor recommends utilizing these resources to foster successful operation.
Legal Considerations
Legal considerations for a Swimtastic franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
A franchisee may encounter considerations regarding local market saturation from existing swim schools or recreational facilities. Maintaining consistent quality and staffing levels across diverse age groups presents operational complexity. Furthermore, securing reliable and timely delivery of necessary swimming aids and maintenance supplies from specific vendors requires careful management.
Franchise Datasheet
FAQs
What is the minimum cash required to open a Swimtastic franchise?
How can I estimate the profitability and return on investment (ROI) of a Swimtastic franchise?
What is the franchisee fee for a Swimtastic franchise?
How to open a Swimtastic franchise?
How many locations does Swimtastic have?
Get insider access to franchise insights
Subscribe to receive expert tips, franchise rankings, and exclusive data straight to your inbox, trusted by thousands of aspiring business owners and investors.
Franchise resources & insights
Explore expert guides, data-driven articles, and tools to help you make smarter franchise decisions, whether you're just starting out or ready to invest.
