Gold Medal Swim School franchise
2023 filing · June 22, 2023
Gold Medal Swim School at a glance
A swim school teaching children with methods drawn from Olympic-level coaching. At the end of 2022 there were 1 Gold Medal Swim School locations in the US, all company-owned.
The business
- Franchisor
- Gold Medal Swim School Franchises, LLC
- The company that sells the franchises
What you pay
- Cost to open
- $553K–$1.15M
- Fee, build-out and opening working capital
- Franchise fee
- $30,000
- $15,000 for each additional unit bought at the same time
- Royalty
- 6%
- 6% of monthly gross revenues plus up to 2% to an advertising fund and 1% on local advertising
- Brand fund
- Yes
- Up to 2% of monthly gross revenue, if a fund is set up
- Renewal fee
- See terms
- 50% of the then- current initial franchise fee
- Agreement length
- 15 years
Where it is
- US locations, 2022
- 1
- Franchised and company-owned
- Franchised
- 0
- Company-owned
- 1
- Change in 3 years
- 0
- Franchised locations, 2020–2022
- States
- 1
- Most in Arizona
From Gold Medal Swim School Franchises, LLC’s 2023 filing; SBA status from the SBA Franchise Directory, October 28, 2026.
Where it ranks
Gold Medal Swim School among all franchises with the same figure.
| Figure | Gold Medal Swim School | Among all franchises |
|---|---|---|
| Cost to open, midpointHalfway between the low and high estimate | $849,250 | Costs more than 80% of franchises |
| Franchise feePaid once, when you sign | $30,000 | Lower than 72% of franchises |
| RoyaltyShare of sales paid to the franchisor | 6% | Higher than 35% of brands with a set rate |
| US locationsFranchised and company-owned | 1 | Fewer than 88% of franchises |
How much a Gold Medal Swim School franchise costs
Opening one Gold Medal Swim School costs an estimated $552,500 to $1,146,000. That covers the franchise fee and everything else needed to open, through the first months of working capital.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 15
Gold Medal Swim School franchise fee
The franchise fee is $30,000, $15,000 for each additional unit bought at the same time. You pay it when you sign the franchise agreement.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 9
Royalty and ongoing fees
| Royalty | 6% of monthly gross revenues plus up to 2% to an advertising fund and 1% on local advertising. |
|---|---|
| Brand or marketing fund | Up to 2% of monthly gross revenue, if a fund is set up. |
| Transfer Fee | $30,000 |
| Renewal Fee | 50% of the then- current initial franchise fee |
The typical franchise royalty is 6% of sales, plus 2% for marketing. See franchise fees and royalties to compare.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 10
Other fees as filed, from pages 11–12. The filing lists every fee, including late fees and audit costs.
Sales and earnings
No figures Gold Medal Swim School does not share sales or profit figures for its locations. Talking to current and former franchise owners is the usual way to learn what a location earns.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 40
How Gold Medal Swim School compares
Of the 120 sports franchises on this site, Gold Medal Swim School is the 90th cheapest to open and the 103rd largest by number of locations.
| Figure | Gold Medal Swim School | Typical sports brand | Typical franchise |
|---|---|---|---|
| Cost to open, low end | $553K | $227K | $222K |
| Cost to open, high end | $1.15M | $442K | $477K |
| Franchise fee | $30K | $50K | $40K |
| Royalty | 6% | 7% | 6% |
| US locations | 1 | 15 | 21 |
| Shares earnings figures | No | 77 of 120 | 2,147 of 3,352 |
Typical is the median across the 120 brands in sports franchises; typical franchise, across every brand here.
Locations opened and closed
| Year | Franchised | Company-owned | Opened | Closed |
|---|---|---|---|---|
| 2020 | 0 (0) | 1 | 0 | 0 |
| 2021 | 0 (0) | 1 | 0 | 0 |
| 2022 | 0 (0) | 1 | 0 | 0 |
Closed or left counts terminations, non-renewals, locations bought back by the franchisor and locations that stopped operating.
See which brands grew most in the fastest-growing franchises rankings.
More in the guides: franchise failure rates.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 41
Where Gold Medal Swim School locations are
At the end of 2022, Gold Medal Swim School had locations in 1 state. The most are in Arizona.
- Arizona1
| State | Franchised | Company-owned | Total |
|---|---|---|---|
| Arizona | 0 | 1 | 1 |
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, page 42
Who owns Gold Medal Swim School?
Gold Medal Swim School franchises are sold by Gold Medal Swim School Franchises, LLC.
From Gold Medal Swim School Franchises, LLC’s 2023 filing.
Lawsuits and bankruptcy
| Lawsuits and regulatory actions | None. The filing says no litigation has to be disclosed. |
|---|---|
| Bankruptcy | None. The filing says no bankruptcy has to be disclosed. |
Franchisors must disclose lawsuits and bankruptcies involving the company, its parents and affiliates, and its executives. Many cases are routine disputes with franchisees over fees or contracts; read the descriptions in the filing and ask current owners about anything that worries you.
Source: Gold Medal Swim School Franchises, LLC, 2023 filing, litigation on page 9, bankruptcy on page 9
Gold Medal Swim School filings
The figures on this page come from Gold Medal Swim School Franchises, LLC’s 2023 filing, issued June 22, 2023, on record with the NASAA Electronic Filing Depository.
| Filing | Issued | Registry | On this page |
|---|---|---|---|
| 2023 filing | June 22, 2023 | NASAA depository | Costs, fees and locations, 2020–2022 |
Each link opens the filing as a PDF. See the newest filings across all brands.
Other sports franchises
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Gold Medal Swim School is also on these lists: education franchises.