Austin Bond
Birmingham, AL (USA)
Role(s):
Other
Big Blue Swim School Franchise
Find More Startups
Startup
Location:
Birmingham
Industry:
Sports/Recreation
Year Founded:
2019
Number Employees:
10-50 people
Business Stage:
Creation/Idea
Entity Type:
Not Incorporated
Description:
Big Blue Swim School is a franchise model swim school that looks to dominate the $20B US swim school market. I want to open multiple franchise locations in Colorado and Alabama. The locations cost between $1.2M and $3m per location. Within 5 years they have an average EBITDA of $780k per location, losing money for only the first year and jumping to $400k EBITDA in the second year. There is essentially no real competition in this realm and the barrier of entry will keep out many would be competitors.