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We extract fees, Item 19 financials, franchisee contacts, SBA default rates, litigation, and outlet data from every FDD — so you can compare brands in minutes, not months. Used by multi-unit operators, consultants, and franchise development teams.

Water Wings Swim School

Water Wings Swim School

Water Wings Swim School franchises enable operators to run year-round indoor swim schools that offer swim lessons, host athletic events and competitions, and provide other swimming-related programs for children and adults using proprietary trademarks, systems, and standards. The business model includes single-unit franchise agreements or multi-unit development agreements for 2-3 locations, with franchisees adhering to operational manuals, approved suppliers, and marketing requirements. It targets families and individuals seeking recreational swimming instruction and aquatic activities in a competitive children's development and recreation market.

13locations
$1034K–$1470K
Since 2025
Education & TrainingBedford, TXUnleashed Brands, LLCwww.waterwingsswimschool.comDisclaimer

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Franchise Costs

Franchise Fee
$50,000
Initial Investment
$1,033,500 – $1,469,700
Royalty Rate
6.00%
Brand Fund
2.00%
Fixed Monthly Fees
$1,350 – $4,600

6% royalty + up to 7% NAF contribution + $750-$1000/mo technology fee + $1000-$3600/mo call center fee

Financial Performance


Item 19 Financial Performance

Average Gross Revenue
$1,592,892
Median Gross Revenue
$1,516,103
EBITDA Margin
26%
Top Quartile Revenue
$2,836,794
Bottom Quartile Revenue
$344,782
Average Net Profit
$412,222
Average Gross Profit
$1,544,130
Average EBITDA
$412,222

Data Based On: Eight corporate-owned Swim Schools, with financial data adjusted to reflect expected franchise fees for the fiscal year 2025.

* Average Gross Profit calculated as Average Gross Sales ($1,592,892) - Average Cost of Goods Sold ($48,762) = $1,544,130. EBITDA margin calculated as Average EBITDA $ ($412,222) / Average Gross Sales ($1,592,892) = 0.2588, due to a discrepancy with the listed Average EBITDA % (18.4%) in Table 2. Best guess profit range uses the High and Low EBITDA $ values reported in Table 2, as EBITDA represents earnings before interest, taxes, depreciation, and amortization, making it a suitable proxy for profit before non-operating items. Average Net Profit is set to Average EBITDA.

Extracted Item 19 Section

Avg. Revenue: $1,592,892

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How Water Wings Swim School Compares

Key Insights

  • Higher investment than 91% of Fitness Studios franchises
FranchiseInvestmentFeeRoyaltyLocations
Water Wings Swim School
Current
$1.0M – $1.5M$50K6.0%13
Planet Fitness$1.3M – $5.4M$40K7.0%2,432
ANYTIME FITNESS$539K – $905K$43KN/A2,271
HOTWORX$289K – $830K$20KN/A797
F45 Training$362K – $858K$60K7.0%706
Pure Barre$314K – $629K$60K7.0%617
Fitness Studios Average
56 franchises
$441K – $1.1M$49K6.9%

* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 56 Fitness Studios franchises by location count.

Locations & Growth


Outlet Growth Over Time

Total outlets at end of each year

Geographic Distribution (2025)

Outlets by state across the United States

Top States
1CA
6
2ID
3
3NV
3
4TX
1

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Franchisee Contacts

20 franchisee contacts on file from official FDD filings.

20 Contacts Available

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Due Diligence


Litigation (Item 3)

Franchisee Cases4

Includes a Maryland Securities Commissioner proceeding against Snapology for registration and disclosure violations, a lawsuit between UATP Management and a distributor/installer involving contract and trade secret disputes, a lawsuit by Unleashed Services against a former employee/franchisee involving contract and fraud claims, and a consent order with the California Commissioner against Premier Franchising Group for unregistered franchise sales.

Bankruptcy (Item 4)

Bankruptcy HistoryNo
No bankruptcy history reported

System Health (Item 20)

Franchise system changes reported in the most recent fiscal year

Terminations
0
Non-Renewals
0
Reacquired
0
Ceased Ops
0
Transfers
0
Sold to Franchisees
0
Projected New
11

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Frequently Asked Questions

The total initial investment to open a Water Wings Swim School franchise ranges from $1,033,500 to $1,469,700. This includes a franchise fee of $50,000. Ongoing royalty fees are 6.0% of gross sales.