Start Up Investment
Per our 2024 Franchise
Disclosure Document |
Initial Fees and
Investment Terms |
Notes on Investment
|
Startup Investment | $165,000 to $343,000 for leased $1,195,000 to $4,538,000 ground up | For one swim school whether in a leased or ground up facility |
Initial Franchise Fee | $50,000 | • 2 swim schools: $95,000
• 3 swim schools: $135,000 |
On-going Royalty | 6% of Gross Sales
|
Paid Monthly |
Brand Development Fund | 0.5% of Gross Sales | Also invest $500/month in
local advertising and marketing |
Grand Opening | $2,500 to $10,000 | Included in startup range to
help launch the business |
As part of your pre-opening support, we provide on-boarding and training to prepare you to open. Some training will be virtual, but we do need to have you in person for hands on, expert guidance.
Plan to join us for 2 weeks in the Reno, NV area for your training where we will review, in depth, all aspects of your daily operations – from our proprietary curriculum to managing instructors. Also covered: scheduling, programs and classes, pre-selling classes and online registrations, advertising and local marketing, financial management, and managing the overall business to deliver on our customer service standards.
After you have completed the initial training and you are ready to open, we will be on site in your Silver Bear Swim School as you get ready for your first day of lessons. As an owner, you have our ongoing guidance to develop, grow and become an active part of your local community.