Below is a breakdown of the total investment required to build and open a Big Blue Swim School, along with the FDD’s Item 19, and a roadmap of the application process to help you navigate the path to child education franchise ownership.
TOTAL INVESTMENT & CANDIDATE PROFILE
|Real Estate / Construction Management Fee|
|Market Introduction Program Fee**|
|NET WORTH||$1.5 million|
*Big Blue Swim School also offers multi-unit development discounts
**Also known as the New Pool Opening Fee
HOW MUCH CAN I MAKE?
This represents average annual EBITDA across 4 affiliate-owned BIG BLUE Swim. They are substantially similar to the BIG BLUE Swim Schools for which we are offering franchises, and their services and products are the same as those to be offered and sold by franchised BIG BLUE Swim Schools. These affiliate-owned BIG BLUE Swim Schools reflect a wide range of demographics and business conditions found in the urban and suburban markets in which we currently operate. All 4 BIG BLUE Swim Schools are located in the greater Chicago, Illinois metropolitan area, which may have higher population densities, labor costs, and rent expense than other markets across the United States in which you are interested in developing a BIG BLUE Swim School. A new franchisee’s results may differ from the represented performance, There is no assurance that you will do as well and you must accept that risk. These figures appear in Item 19 of our 2021 Franchise Disclosure Document with other historical financial performance information for these 4 schools.
how much can i make?
Figure reflects the actual annual EBITDA for one affiliate-owned and operated BIG BLUE Swim School (operational for at least 5 full years as of December 31, 2018) during its 5th full 12 months of operation. This figure is published in Item 19 of our April 30, 2019, Franchise Disclosure Document (FDD). Item 19 of our FDD includes actual average and median annual gross revenue, annual expense, annual EBITDA, and other annual financial performance information for 4 affiliate-owned and operated BIG BLUE Swim Schools (operational for at least 1 full year as of December 31, 2018) during their 1st full 12 months of operation, for 3 of those 4 Swim Schools during their 2nd full 12 months of operation, for 2 of those 4 Swim Schools during their 3rd and 4th full 12 months of operation, and for 1 of those 4 Swim Schools during its 5th full 12 months of operation. A new franchisee’s results may differ from the represented performance. There is no assurance that you will do as well, and you must accept that risk.