Water Wings Swim School
Education & Child Enrichment · Swim Schools
- Active units
- 0
- Avg unit volume
- $1.6M
- Royalty
- 6.0%
Franchised, year-end 2024
of weekly Net Sales
About Water Wings Swim School
Water Wings Swim School is a reputable year-round indoor swim school that provides swimming lessons and programs for children of all ages. Established in 2003, the school prioritizes the safety of children while teaching them essential swimming skills. With multiple locations across Las Vegas, Nevada, Southern California, and Boise, Idaho, Water Wings Swim School offers a wide range of swim programs to cater to different needs. Their lessons include group lessons, private lessons, express swim, recreational swim team, and adult and teen swim classes. They also organize swim camps, swim clinics, and stroke clinics to further enhance swimming abilities. In addition to swim programs, Water Wings Swim School provides various fun activities such as birthday parties and pool parties for an enjoyable experience. Parents can conveniently log in to access more information and manage their accounts. With highly trained instructors and state-of-the-art facilities, Water Wings Swim School is committed to ensuring a safe and engaging environment for children to learn and thrive in the water.
Key terms
- Franchise fee
$50k
- Existing franchisee discount
5% reduction of the initial franchise fee and the Development Fee for existing Water Wings and Affiliated Brands franchisees buying additional units
- Limited-time Affiliated Brands offer
$15,000 off the initial franchise fee for existing Affiliated Brands franchisees in good standing
- Brand fund
2.0% of Net Sales
- Local advertising
5.0% of Net Sales
- Footprint
6,000 – 9,500 sq ft
- Development Agreement - 2 Schools
$98k
- Development Agreement - 3 Schools
$143k
- Veteran discount
5.0% off franchise fee — 5% reduction of the initial franchise fee and Development Fee for active-duty U.S. military and honorably discharged veterans; 51% ownership required
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2026 filing); filings on file: 2025, 2026.
Growth
- Total locations0
Franchised units open at year-end
- New openings0
Gross new units opened during the calendar year
- 1-year unit growth rate—
Net unit growth versus prior year
- 3-year unit CAGR—
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio0.0×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)—
Per FDD Item 19 disclosure
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin33.4%
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment$1.3M
Midpoint of estimated initial investment range
↓ Lower is better - Time to open15 months
Midpoint of average time from agreement to opening
↓ Lower is better - Royalty rate6.0%
Percent of net sales paid to the franchisor
↓ Lower is better - Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns42.5%
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Location footprint
Showing 13 of 22 mapped locations
Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.