Goldfish Swim School vs Mighty Kicks Franchise Comparison

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

Start-Up Costs and Fees

 
Goldfish Swim School Franchise
Mighty Kicks Franchise
Investment $1,370,283 - $3,230,358$10,200 - $16,200
Franchise Fee $50,000 - $60,000$8,700
Royalty Fee 6%$3000 1st year, then $4500
Advertising Fee 2%-
Year Founded 2006-
Year Franchised 2009-
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Goldfish Swim School Franchise
Mighty Kicks Franchise
Experience --

Financing Options

 
Goldfish Swim School Franchise
Mighty Kicks Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Goldfish Swim School Franchise
Mighty Kicks Franchise
Training On-The-Job Training: 40 hours Classroom Training: 40 hours-
Support Meetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform

You receive The Mighty Kicks Operations Manual Age appropriate, Proven Curriculum (with Story Boards and DVDs) Start-up and Marketing Boost (we come to your territory to jump-start your new business) Client Database and Target Market Formation Market Research and Analysis of your Territory Marketing and Research materials, tools, techniques, and assistance Generous Territory that provides ample room for success The on-going Support and Service from Mighty Kicks Franchising Templates for marketing materials, newsletters, waivers, accounting, and more Technical assistance, your own web page, phone number, online registration, and e-mail account Use of our recognized name and marks Intensive and Extensive Training Economies of Scale (bulk purchasing power) Existing relationships with National Clients Assistance from the Team of current franchisees Established online presence with Search Engine Optimization Knowledge, Ability, Tools, and Proven Systems to build a successful business Years of experience, a proven system and business model, training, support and a national brand. Our commitment to the start-up of your franchise provides a strong foundation and crucial momentum. Our successful methods provide the premier introductory soccer program for kids. The age-appropriate Mighty Kicks Curriculum is creative, engaging, fun and extremely effective.

Marketing --
Operations Absentee Ownership Allowed Number of Employees Required to Run: 45-

Expansion Plans

 
Goldfish Swim School Franchise
Mighty Kicks Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

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.



About Mighty Kicks

Make Your Passion a Career! Introducing children to the world's most popular game through our innovative methods has proven to be successful.
The Mighty Kicks Programs have been highly developed in order for you to make a profitable career with this concept while doing what you enjoy and helping kids. Invest in a career that you can be passionate about and make a difference!
Why Purchase a Mighty Kicks Franchise? Investing in a Mighty Kicks Franchise, you eliminate the learning curve, minimize your risk, maximize your potential and you don't venture into the market alone. At Mighty Kicks, our experience, methods, systems, training and support provide measures for success that you cannot get from starting from scratch. Nearly 90% of self-started businesses fail within the first 3 years while franchises succeed at an incredibly high rate.
EASIER. FASTER. SMARTER -- This innovative concept has been gaining momentum as many new territories prosper. Franchisees benefit in this huge market since they learn how to succeed amid competition and they don't waste valuable time on the start up. This gives them the maximum advantage in either a competitive or open market. Child-related franchises are high-growth, low-risk business ... They are pretty much recession-resistant, since people are going to scrimp in a lot of areas before they start cutting stuff for children.
CONTROL YOUR CAREER
*Be your own boss
*High profit margin with little overhead to maintain
*Flexible work with Family Friendly hours
*Time saved (not wasted on the Learning Curve)
*Tax benefits
*Enjoyable and rewarding work that makes a difference