Want to learn more about being a Bear Paddle Swim School franchise owner? Below you will find answers to some of our most frequently asked questions.
What is provided as part of the Bear Paddle Swim School franchise system?
We will provide pre-opening training for up to three individuals (franchise owner and general manager) lasting up to 15 days, and up to ten days of on-site training at your facility. Of course, after you swim school is open for business, we will be there to provide remote support and ongoing guidance, and answer questions you may have. And, we will present you with a copy of our confidential operations manual to help you run your Bear Paddle Swim School franchise properly on a day-to-day basis.
How much will the Bear Paddle Swim School franchise investment cost me?
The Projected Initial Investment is $1,484,900 – $2,088,650, this includes an initial franchise fee of $50,000 for a single unit franchise. As with any new business venture, it’s important that you have the capital needed to adequately fund your new business. (Please reference our FDD for details.)
Are there royalty fees paid to the franchisor?
Franchisees will pay 6% of gross revenues. These fees allow us to fund our ongoing support services and the continued development of program resources, marketing tools, training programs, and systems upgrades, as well as the use of our centralized call center to assist with prospective customers. (Please reference our FDD for details.)
Are there any advertising fees?
Franchise owners will be expected to spend a minimum of $30,000 on grand opening marketing and promotions in their area. They will also be required to spend a percentage of monthly gross revenue on local advertising campaigns as well as contribute to a system marketing fund. (Please reference our FDD for details.)
Is financing available?
We do not offer direct financing to franchisees. We may be able to provide references to qualified financing or lending resources, on a case-by-case basis.
What is the term of the franchise agreement?
The initial term of your franchise agreement is ten years, with two additional subsequent successor options of five years each.
“My kids have learned quicker at Bear Paddle Swim School than at any lessons they have had before. Your program and instructors are phenomenal.”
- SarahAurora, IL
“I see a huge difference in my kids’ swimming abilities and confidence!”
- JackieLake in The Hills, IL
PLEASE COMPLETE THE BELOW INFORMATION AND WE WILL CONTACT YOU!