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Below is an in-depth analysis and side-by-side comparison of Goldfish Swim School vs iLoveKickboxing including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $1,370,283 - $3,230,358 | $214,944 - $559,494 |
Franchise Fee | $50,000 - $60,000 | $49,999 - $100,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | 2% | 1% |
Year Founded | 2006 | 2009 |
Year Franchised | 2009 | 2012 |
Term Of Agreement | - | 5 years |
Term Of Agreement | - | 5 years |
Renewal Fee | - | - |
Business Experience Requirements |
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Experience | - | - |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | -/Yes | -/- |
Start-up Costs | -/Yes | -/Yes |
Equipment | -/Yes | -/Yes |
Inventory | -/Yes | -/Yes |
Receivables | -/Yes | -/Yes |
Payroll | -/Yes | -/Yes |
Training & Support |
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Training | On-The-Job Training: 40 hours Classroom Training: 40 hours | Your live training at our headquarters in Long Island, NY literally covers everything: hiring the perfect staff, creating an amazing atmosphere for your kickboxing members, how to make sales presentations feel more like natural conversations, customer retention, construction and layout challenges and how to overcome them, and a lot more. Hired a couple of new instructors and want to quickly get them up to speed? Or maybe you want your current instructors to "freshen" up on their skills? Twice a year we hold complimentary training for all of our franchisees' staff members. For new staff, we'll train them from the bottom up to be the most passionate, knowledgable instructors that they possibly can be. For "veteran" staff, we'll brush up on their kickboxing technique, their customer-relation skills, sales skills and more. Classroom Training: 42 hours |
Support | Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform | Our headquarters are open to you for questions and guidance Monday - Friday, 10am - 6pm EST. If you have an urgent situation and need attention ASAP, we've got you covered too. There's a special line you can reach. When you call, you'll be treated with courtesy, respect and consideration. The last thing you'll feel is "brushed aside." We'll spend however much time you need to get the question or challenge you're facing sorted out. And of course we're available via email too for those quick questions you have that can be answered in a few sentences. Purchasing Co-ops Newsletter Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software |
Marketing | - | 1)From top to bottom we've crafted a website that's proven to convert visitors into qualified leads. Your location will receive such a site, customized for your area. And because the site gets visitors to enroll on a paid trial membership - you know only extremely qualified leads are coming through your doors. Most fitness centers offer free trials. This produces leads that waste your time, without ever intending to buy from you. However, a lead that pays for a trial is very serious about fitness and weight loss, and willing to pay for it. 2) Your website offers prospects access to the web special in exchange for their name and email address. Sometimes, people don't purchase the trial membership right then and there. When this happens, they'll automatically roll over to our Done-for-You Email Marketing program that sends them a mixture of valuable fitness content, and sales messages, to convert them to your customer down the road. Of course you don't lift a finger through all of this. We take care of it for you. 3)In your in-person training, as well as in your operations manual, you'll see exactly how to use these Social Media outlets to build your business - without being salesy, pitchy, or a nuisance to the community (many businesses spam these outlets with their sales messages - which just pushes away prospects). In fact, when following our proven plan, it's actually a lot of fun and very rewarding to interact with the community through these channels. In addition, we run the nationwide Facebook Fan Page & blog which gets traffic from all over the country, and directs it to each location's website. 4) On top of all of this, we constantly use a blend of article marketing, blog marketing, search engine marketing, video marketing, social bookmark marketing and more to get your website ranked in the search engines - and deliver you high-quality traffic. Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing |
Operations | Absentee Ownership Allowed Number of Employees Required to Run: 45 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | Yes |
International Expansion | Yes | No |
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
Michael Parrella opened his first martial arts school in 1991. In 2009, he used his years of industry experience to start iLoveKickboxing.com, and he began franchising the concept in 2012. iLoveKickboxing.com locations offer group kickboxing fitness classes.
Fitness kickboxing is not some hobby we picked up over the weekend. We've been at it for decades, testing and tweaking the entire time to discover the key elements of running a great facility.
We've crafted systems for low-pressure sales that are natural and conversational (NOT high-pressure or in-your-face)
- We've crafted systems for referrals that make your customers excited to send their friends and family your way
- We've learned things that only fellow facility owners can, like who the best vendors in the industry are, and where you'll get the best deals on equipment & supplies.
By joining the iLoveKickboxing.com family, you reap the benefits of our years of hard work, trial & error. In short, you get the ripened fruit of our experience to use at your disposal. And we're happy to hand it over to you.