Recruit vs Goldfish Swim School Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Recruit vs Goldfish Swim School including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Recruit Franchise
Goldfish Swim School Franchise
Investment $12,000 - $45,000$1,370,283 - $3,230,358
Franchise Fee $9,500$50,000 - $60,000
Royalty Fee 06%
Advertising Fee -2%
Year Founded 19962006
Year Franchised 20012009
Term Of Agreement 5 years-
Term Of Agreement 5 years-
Renewal Fee --


Business Experience Requirements
 
Recruit Franchise
Goldfish Swim School Franchise
Experience
  • Marketing skills
  • Sports or sales background
    		• -

    Financing Options
     
    Recruit Franchise
    Goldfish Swim School Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/No-/Yes
    Start-up Costs No/No-/Yes
    Equipment No/No-/Yes
    Inventory No/No-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    Recruit Franchise
    Goldfish Swim School Franchise
    Training Available at headquarters, Available at franchisee's location, Long distance training availableOn-The-Job Training: 40 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluationsMeetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising-
    Operations Franchise can be run from home.

    15% of all franchisees own more than one unit

    Absentee ownership of franchise is allowed. (95% of current franchisees are owner/operators)

    		Absentee Ownership Allowed Number of Employees Required to Run: 45

    Expansion Plans
     
    Recruit Franchise
    Goldfish Swim School Franchise
    US Expansion -Yes
    Canada Expansion NoYes
    International Expansion YesYes

    Company Overviews

    About Recruit

    As a member of the Recruit team, franchisees scout local athletic talent at the high-school level and act as a "personal recruiting advisor." They provide up-to-date information to your athletes and act as a matchmaker with college coaches--and, therefore, potential scholarship opportunities. Young athletes who sign on with the program are included in a national database and college coaches are given regular updates on their scholarly and athletic achievements.

    About Goldfish Swim School

    Goldfish Swim School is the premier learn-to-swim facility dedicated entirely to infants and children, ages four months to 12 years.
    What does our cutting-edge swim school model have that makes it a leader in the industry? You feel it the moment you walk in. Something different. It’s more than vibrant colors chosen to inspire kids. More than a curriculum crafted to not only teach kids to swim but also to build their character. More than a shiver-free pool heated to 90 degrees. There’s something more. Something unexpected. Something that propels Goldfish Swim School beyond typical. It’s passon. Not just a passon for kids or a passion for swimming…   It’s a special passion for changing - even saving lives - by teaching kids to swim. 
    The Goldfish Swim School Franchise is positioned as a leader in the thriving and profitable
    children’s education and enrichment market; consistently recognized as one of the fastest-growing companies in franchising. ·Over 65 schools open or in development in more than 23 states

    ·Teaching over 54,000 students per week ·On pace to have over 100 locations open & operating in the next five years ·Consistently recognized by Entrepreneur, Franchise Business Review, Inc. and more!


    The total investment necessary to begin operations as a Goldfish Swim School Area Developer is at least $1,390,283 to $3,250,358, depending upon the number of Swim Schools you develop. This estimate includes, as a Development fee, the Initial Franchise Fee of $50,000 for the first Swim School and one-half of the initial franchise fee for one subsequent Swim School at the reduced rate of $40,000. You would pay an additional $20,000 for each subsequent Swim School to be developed under the Area Development Agreement as part of your Development Fee and the remaining half of the Initial Franchise Fee for each additional Swim School developed when you sign each franchise agreement. In addition, if you sign an Area Development Agreement, you will also sign the Franchise Agreement for your first Swim School.


    "Entrepreneur

    #28 in Franchise 500 for 2020.
    #29 in Franchise 500 for 2021.