Swim School Franchise

Oceanside, CA (San Diego County)

Swim School Franchise
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Asking Price: $75,000

Cash Flow: N/A

Gross Revenue: $95,000

EBITDA: N/A

FF&E: N/A

Inventory: $5,000

Established: 2018

Swim School Franchise

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Business Description

Low overhead swim school with great potential for growth!

This franchise swim school started providing survival and stroke development lessons in August of 2018, and experienced increasing revenue month over month. The business was on target for hitting cash flow positive by next Summer, but the current owners ran out of financing and so are seeking a buyer that can bring the swim school to the next level in this vibrant community.

This is a fantastic opportunity for a new owner to obtain a semi-established business at a fraction of the cost the current owners have invested already, with the full support of a corporate team who provides national marketing, public relations, software and business coaching support. No prior Aquatics experience is needed, as the corporate team will provide significant training at one of its regional training centers.

The swim school is putting lessons on hold as of the end of October, but has everything poised to reopen the doors on short notice, with the potential of launching a "Grand Re-Opening" with the support of a national public relations firm.

The business model allows for quick growth and easy expansion into new markets for an ambitious owner with sufficient resources available.

Detailed Information

Location:
Oceanside, CA
Inventory:
Included in asking price
Facilities:
Assets include all pool equipment used during the lessons and a full set of merchandise to be able to start providing lessons right away. Also included are two large storage cabinets; one located at each facility where lessons are given. The pools are owned and maintained by other businesses so the only items needing to be maintained by the owner are seating (stackable chairs and benches currently) along with the items used during the lessons along with the merchandise already mentioned.
Competition:
Currently the closest competitor is at least 10 minutes away from either location. Current competition fills up during peak season.
Growth & Expansion:
This business can expand much more easily than competitors as it does not need a full build out, merely to establish another partnership with a preexisting business with a pool. There are several more locations available within the Greater San Diego County area for growth. Additionally, the lower overhead from merely leasing a pool instead of owning one, allows for a much quicker profitability without the need for several hundreds of students to achieve cash flow positive.
Support & Training:
As this business is part of an established franchise, the full support of the corporate team (marketing, operations and general business coaching) is available. New buyers will be able to participate in full business and aquatics training shortly after purchase. Current owners are willing to provide 4 hours a week for the first month of operation to the buyer but are
Reason for Selling:
Lack of funds to continue necessary growth
Franchise:
This business is an established franchise
Business Website:
http://britishswimschool.com/region/carlsbad
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Business Listed By:
Justin Healy

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