GolfTEC vs Goldfish Swim School Franchise Comparison

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

Start-Up Costs and Fees
 
GolfTEC Franchise
Goldfish Swim School Franchise
Investment $125,345 - $470,445$1,370,283 - $3,230,358
Franchise Fee $17,500 - $35,000$50,000 - $60,000
Royalty Fee 5%6%
Advertising Fee -2%
Year Founded 19952006
Year Franchised 20032009
Term Of Agreement 10 years-
Term Of Agreement 10 years-
Renewal Fee $5K-


Business Experience Requirements
 
GolfTEC Franchise
Goldfish Swim School Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    GolfTEC 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/Yes-/Yes
    Inventory No/Yes-/Yes
    Receivables No/No-/Yes
    Payroll No/No-/Yes

    Training & Support
     
    GolfTEC Franchise
    Goldfish Swim School Franchise
    Training -On-The-Job Training: 40 hours Classroom Training: 40 hours
    Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperativesMeetings/Conventions Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Franchisee Intranet Platform
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 100% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 5

    Absentee ownership of franchise is allowed. (40% of current franchisees are owner/operators)

    		Absentee Ownership Allowed Number of Employees Required to Run: 45

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

    Company Overviews

    About GolfTEC

    GolfTEC delivers real, significant tee-to-green skill improvement to golfers of all skill and avidity levels. The combination of patented data-capture technology and personal coaching by a PGA Professional provides a repeatable, fact-based approach. Franchise and corporate GolfTEC Improvement Centers nationwide and in Mexico include both standalone and Golfsmith locations.GolfTEC, the largest golf instruction company in the world based upon locations and lessons given, allows golf professionals and passionate investors an opportunity to pursue golf as business owners. With an estimated U.S. capacity for 325 locations, commitments already have been made for 70% of designated markets (September, 2008). The remaining 30% of markets may offer single or multi-location options based upon size, golf avidity, and seasonality. International markets represent ownership options that include Master Franchise designation with an alternate support package and royalty structure.

    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.