Bear Paddle Swim School
Child swimming lessons- 2023 Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$1.5M - $2.1M
- Units as of 2018
-
10 100.0% over 3 years
Company Overview
About Bear Paddle Swim School
- Industry
- Children's Businesses
- Related Categories
- Children's Fitness Programs
- Founded
- 2010
- Leadership
- Ali Alizadeh, Founder and CEO
- Corporate Address
-
1501 Washington Ave. S., #300
Minneapolis, MN 55454
Business Overview
- Franchising Since
- 2018 (2023-2018 years)
- # of employees at HQ
- 12
- Where seeking
-
This company is offering new franchisees in the following US states:
- # of Units
- 10 (as of 2018)
Information for Franchisees
Here's what you need to know if you're interested in opening a Bear Paddle Swim School franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
-
Initial Franchise Fee
Information Circle - $50,000
-
Initial Investment
Information Circle - $1,484,900 - $2,088,650
-
Net Worth Requirement
Information Circle - $500,000 - $1,500,000
-
Cash Requirement
Information Circle - $200,000 - $500,000
-
Royalty Fee
Information Circle - 6%
-
Ad Royalty Fee
Information Circle - 2%
-
Term of Agreement
Information Circle - 10 years
- Is franchise term renewable?
- Yes
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
- On-The-Job Training
- 54 hours
- Classroom Training
- 59 hours
- Ongoing Support
-
NewsletterGrand OpeningOnline SupportField OperationsSite Selection
- Marketing Support
-
Co-op AdvertisingAd TemplatesRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail Marketing
Operations
Additional details about running this franchise.
- Is absentee ownership allowed?
- Yes
-
Can this franchise be run from home/mobile unit?
Information Circle - No
-
Can this franchise be run part time?
Information Circle - No
- # of employees required to run
- 20-30
-
Are exclusive territories available?
Information Circle - Yes
Interested in ownership opportunities like Bear Paddle Swim School? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Bear Paddle Swim School landed on this year's Franchise 500 Ranking versus previous years.
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