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SafeSplash Swim School Franchise Cost, Revenue & Review 2026

EducationCOFranchising since 2014
BAbove averageAbove average48/100Editorial grade from public filings; not investment advice.
Investment
$945K – $1.3M
Disclosed sales
$205K
gross sales, not profit
SBA charge-off
Limited · 36 loans

Investment, fees, disclosed sales, units, SBA record and risk, as one PDF. Free; no spam; one click to unsubscribe.

FV-02206FDD 2025Data QualityExcellent95%
Manager-run OKYes: Protected territory

Data from FDD filing + SBA 7(a) records

Analysis by FranchiseVerdict Research · Methodology

SafeSplash Swim School is a kids' franchise teaching swim lessons and water safety to children and adults year-round. Franchisees run an indoor pool facility managing instructors, class scheduling, and enrollment.

FranchiseVerdict summary · 2026

A SafeSplash Swim School franchise requires a total initial investment of $945K – $1.3M, including a $19K – $55K franchise fee and an ongoing 6.0% royalty[2]. Per the 2025 FDD, average unit revenue was $205K[2]. FranchiseVerdict grade: B (Above average), an editorial assessment, not investment advice. Run a live ROI scan →

Sources, dates and evidence

FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file

Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored8 of 8 headline figures on this page cite a page of the filing.

Overview

Investment
$945K – $1.3M
72nd pct Education
Avg gross sales
$205K
Outlet subset4th pct Education
Royalty
6.0%
7th pct Education
Units
119
65th pct Education
SBA charge-off
N/A

Quick verdict · Education · color = vs category peers

Total Investment
$945K – $1.3M
Median $194K
above median ↑, worse than category
Franchise Fee
$19K – $55K
Median $45K
below median ↓, better than category
Liquid Capital Req'd
$90K – $150K
Median $25K
above median ↑, worse than category
Avg Revenue
$205K
Median $408K
below median ↓, worse than category
Outlet subset
Royalty Rate
6.0%
Median 7.0%
below median ↓, better than category
Ongoing Fees
8.0% of rev
Median 9.0%
below median ↓, better than category
SBA Charge-Off Rate
Limited · 36 loans
Limited SBA coverage: 36 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units
System Size
119 units
Median 20 units
above median ↑, better than category
Turnover Rate
19.3%
Median 0.0%
Territory
Protected, not exclusive
Limits on the franchisor opening nearby; not an exclusive zone
Owner-Operator
Optional
Can hire a manager
Litigation
5 cases
Some history

Green = favorable by >10% vs Education median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)

Data from public FDD filings and SBA records. Not financial advice. Methodology

Bottom line

  • COSTTotal investment $945K – $1.3M including a $55K franchise fee, 6.0% ongoing royalty.
  • RETURNSAverage unit revenue of $205K/year (median $156K) (reported for a subset of outlets rather than the whole system). Note: this is gross profit, not take-home income.
  • RISKVerdict B (Above average), verdict score 48/100 (higher is better).
  • GROWTHNegative: net -13 franchised outlets in the latest year (10 opened, 23 closed); 35 signed but not yet open (Item 20).

Item 1 · who you're contracting with

The Franchisor

Corporate structure & franchisor financials
Legal entity
SafeSplash Brands, LLC d/b/a Streamline Brands
Parent company
SafeSplash Holdings, LLC
FDD Item 1, page 10 of the 2025 FDD
Ultimate parent
Youth Enrichment Brands, LLC
FDD Item 1, page 10 of the 2025 FDD
CEO title
President
Chris Harkness
Incorporated in
Colorado
HQ
12240 Lioness Way, Parker, Colorado 80134
Auditor
RSM US LLP
Audited financials
Franchisor revenue
$8.7M
vs $9.6M prior year

Same owner · FDD Item 1, page 10

2 other brands on this site name Youth Enrichment Brands, LLC as parent or ultimate parent in their own FDD.

Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.

Overview

About

CEO
Chris Harkness
Headquarters
CO
Founded
2014
FDD year
2025
States available
21

Can you afford it, and what does the money buy?

Entry cost runs 485% above the typical education franchise.

Total investment (Item 7)$945K – $1.3MCited, not corroborated — printed on page 32 of the 2025 FDD (Item 7). Nothing else in our record independently restates or re-derives it.
Franchise fee$55,000Verified — printed on page 24 of the 2025 FDD (Item 5), and another item of the same filing prints the same figure on a labelled row, which is an independent restatement.
Royalty6.0%Cited, not corroborated — printed on page 26 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
Ad fund2.0%Cited, not corroborated — printed on page 27 of the 2025 FDD (Item 6). Nothing else in our record independently restates or re-derives it.
Working capital$90K – $150K

Source: FDD 2025 · Items 5–7

FDD Item 7 · 2025 filing

Initial investment breakdown

SafeSplash Swim School: Item 7 initial investment breakdown
Cost componentLowHigh
Initial franchise fee$55K$55K
Working capital (3–6 mo)$90K$150K
Equipment, build-out, other$800K$1.1M
Total initial investment$945K$1.3M

Source: SafeSplash Swim School 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.

Item 7 · what it costs to open + operate

The Vitals

Total investment
$945K – $1.3M
Bottom third — review vs category
Liquid capital req'd
$90K – $150K
Bottom third — review vs category
Franchise fee
$19K – $55K
Middle of category vs category
Royalty
6.0%
typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical

Ongoing fees · Item 6

SafeSplash Swim School: Item 6 recurring fees
FeeAmount
Royalty6.0% of gross sales
Marketing / ad fund2.0% of gross sales
Technology fee$400
Transfer fee$17K
Renewal fee$6K
Inventory (initial)$3K – $5K
Total fee load8.0% of rev

What do units actually make?

Average unit sales run 50% below the education norm.

Avg gross sales$205K

Reported for a subset of outlets rather than the whole system

Cited, not corroborated — printed on page 72 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
Median gross sales$156KCited, not corroborated — printed on page 72 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
Item 19 typegross sales
Sample size53 outlets

Source: FDD 2025 · Item 19

Single-unit · not modelled

Returns at a glance

An FDD discloses gross sales, not profit, and the operating costs that turn one into the other are in no filing. We publish no modelled return for SafeSplash Swim School until someone supplies them — yours, in the models below.

—

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

Total invested capital · disclosed

$1.3M

Item 7 initial investment plus working capital, as filed — the one figure here that needs no assumption.

ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
Blue values = direct from FDD (Item 7 investment, Item 19 revenue, Item 6 fees)Not set = no filing supplies it and we will not substitute one. Enter your own

What one unit earns on your invested capital

Model A · Single-Unit Return

Computes unlevered return on invested capital (ROIC) for a single franchise unit, read against the 30–60% reference band · Yale SOM, Post-MBA Path Exhibit 2 (2023). Below that band a passive index fund likely outperforms; above it the franchisor has pricing power you're subsidizing.

Note: Item 19 revenue is what the franchisor discloses, and it is the top line only — gross sales are not profit. No FDD discloses the operating costs that turn one into the other, so those fields start empty and nothing is modelled until you supply them from your own lease quote, labor market and build-out budget.

Returns model · single-unit ROIC

What would one SafeSplash Swim School unit return on the cash you put in?

From FDDNot set — you supply itYou overrode an FDD value
Revenue · per unit, per yearFDD
FDD Item 19 reports $204,738 per unit — Reported for a subset of outlets rather than the whole system. Adjust to a franchisee figure before relying on this.
Franchisor take · royalty + ad fundFDD
typ 6–8%
typ 3–5%
Operating costs · not in any FDDnot set

Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.

Total invested capital · what you put in to openFDD
FDD Item 7: $945K–$1.3M (midpoint used)
FDD reports $90K–$150K

Unlevered ROIC · per unit

Your modelled return on total invested capital, before any debt financing.

—

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.


Store EBITDA · annual
—
EBITDA margin
—
Total invested
$1.3M
Payback
—
Single-unit only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even point.

What 25 units return when you use SBA financing

Model B · Return on Equity: Debt-Financed Acquisition

Models a 25-unit portfolio acquisition financed with an SBA 7(a) loan. Shows equity IRR (your return on cash invested), DSCR (how safely the cash flow covers debt service), and the capital stack (SBA + seller + equity breakdown).

This is the “search fund” or “entrepreneurship through acquisition” scenario: you buy an existing multi-unit operator, use leverage to amplify returns, and either operate or hire management. The 25-unit size is the typical minimum for an SBA-backed franchise portfolio acquisition to pencil as a full-time income.

What “return on equity” means here: if you put in $500K of your own cash and the business generates enough EBITDA to pay down debt and grow, your equity IRR is the annual return on that $500K, including the value created when you eventually sell. Target IRR for a search fund is typically 25–35%.

Not modelled yet

An FDD discloses gross sales, not profit. We hold no sourced figure for COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.

A 25-unit return is built on a per-unit EBITDA. Fill in the operating costs in Model A above and this model runs on that figure, or take the whole scenario to the full ROI workbench, where the portfolio and LBO models accept your own per-unit economics directly.

These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.

Item 19 · Source: 2025 FDD

Financial Performance

Reported for a subset of outlets rather than the whole system

Avg gross sales
$205K
Per unit, per year
Median gross sales
$156K

Gross sales are revenue before expenses — not profit. Actual owner earnings depend on rent, labor, royalties, marketing fees, and debt service.

Item 19 type
gross sales
Sample size
53 outlets
vs category median 16 · large
Range (low → high)
$25K→$966KCited, not corroborated — printed on page 72 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
Cohort dispersion (min → max)
Reporting year
2024
Fiscal year the figures cover
Source filing
FDD 2025
Disclosed in the 2025 filing, covering 2024
Transparency
8 / 10
vs category median 4 / 10 · above
Gross sales rank4th
Item 19 reporting methods vary across brands
Investment cost rank72th
Lower investment ranks lower (better)
Royalty rate rank7th
Lower royalty = lower percentile (better)
Unit count rank65th
vs Education peers
Risk score rank55th
Lower risk = lower percentile (better)

Compared against 204 Education brands

Showing the headline figures — all 146 extracted fields are in the Full FDD Report · $19 →
Revenue insight

Revenue is only 0.2x the investment. This means each unit may take 5+ years to recoup the initial outlay at typical margins.

Operator outlook

What the numbers say

Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.

Unit economics

Average unit generates $205K/year in gross sales. Median is $156K — top performers pull the average up, so a typical unit earns less. Revenue-to-investment ratio: 0.2x. Reported for a subset of outlets rather than the whole system.

Fee burden

Total ongoing fee load of 8.0% (near the Education median).

Disclosure

Transparency score 8/10 — this franchisor discloses detailed breakdowns (quartiles, segments, or cohort data). Buyers can model unit economics with higher confidence.

Operator retention

System expanding at 5.9% CAGR over 3 years across 119 units — operators are staying and new ones are joining.

Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.

vs Education medians

How SafeSplash Swim School Compares

Metric
SafeSplash Swim School
Category median
vs median
Investment
$1.1M
$194Kmiddle half $94K–$625K · n=164
Above median, worse than category
Revenue
$205K
$408Kmiddle half $269K–$1.2M · n=72
Below median, worse than category
Unit Count
119
20middle half 6–79 · n=164
Above median, better than category

Category median of published Education brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.

Is the system healthy?

Total units119Verified — printed on page 76 of the 2025 FDD (Item 20), and the table's own arithmetic closes on it three ways.
3-yr growth-10.7% (worth scrutinizing)
Turnover rate19.3% (caution)

Source: FDD 2025 · Item 20

Unit growth

Item 20 · unit dynamics

The Growth Chart

Total units
119
Opened
10
Last reporting year
Closed
23
Turnover rate
19.3%
Company-owned
29
Corporate units in the system
% franchised
76%
vs corporate-owned
Net growth (3-yr)
-10.7%
Net unit change over 3 years
3-yr CAGR
+5.9%
Compounded over last 3 years

Last fiscal year · Item 20 exits and transfers

Reacquired
2
Franchisor bought back
Signed, not yet open
35
0.29 per open outlet · Item 20 Table 5
Projected new
20
Franchisor's next-year forecast
2022
94
Franchised units
2023
103+9
Franchised units
2024
90-13
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 20 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator. Not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Active operators · 20 states
No contacts on file

States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.

Where the owners are · Item 20 owner list

69 current owners across 20 states.

  • CA 15
  • TX 11
  • CO 7
  • TN 7
  • NJ 5
  • OH 4
  • SD 3
  • DC 2
  • NC 2
  • NY 2
  • OR 2
  • AL 1
  • +8 more states

Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.

Growth insight

A system losing more than 10% of its units year-over-year is a red flag. Check whether closures are concentrated in specific regions.

SBA loan performance

Government records

SBA Loan Data

Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.

Total loans
36
Loan volume
$46.7M
Median loan
$1.0M
50th percentile
Charge-off rate
Limited · 36 loans
Limited SBA coverage: 36 loans, rate hidden until 10 have resolved and loans reach 2% of franchised units

Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated

Repayment rate (PIF)
Limited · 36 loans
5-yr charge-off
0.0%
Loans approved 2021+
Active lenders
14
Defaults
0
Typical loan rate
7.1%
avg rate to borrowers
Franchised industry avg
12.5%
n=804 loans
Jobs supported
824
2.2 per loan
Lender concentration
29%
top lender's share

Borrower mix: 93% went to startups / new businesses, 7% to established operators

Franchise vs independent — in sports and recreation instruction, franchised businesses charge off at 12.5% vs 14.2% for independents — franchising is associated with 12% lower SBA default risk in this category.

Top lenders financing SafeSplash Swim School franchisees

The Huntington National Bank9 loans0.0%
Pinnacle Bank5 loans0.0%
Stearns Bank National Association4 loans0.0%

Showing 3 of 14 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.

Explore lender portfolios on Bank Reports or regional data on State Reports.

Total loans
2
Loan volume
$3.3M
Charge-off rate
N/A
Jobs created
30

Historical SBA 504 lending data via CDCs, not predictive of future performance.

Explore lender portfolios on Bank Reports or regional data on State Reports.

Lender network · 7(a) + 504

SBA Lending Report

Full lending analysis for SafeSplash Swim School from SBA 7(a) FOIA data.

Principal loss rate
0.0%
Avg SBA guarantee
72%
Avg interest rate
7.08%
Lender concentration
29.0%
Job velocity
2.2 per $100K
NAICS benchmark
3.1%
NAICS 611620
Jobs supported
824

Top SBA lendersTop lender holds 29% of loans

#LenderLoansVolumeDefault %
1The Huntington National Bank9$3.8M0.0%
2Pinnacle Bank5$7.8M0.0%
3Stearns Bank National Association4$4.0M0.0%
4Celtic Bank Corporation2$200KN/A
5Live Oak Banking Company2$8.8MN/A
6BankUnited, National Association1$1.0M0.0%
7Texas Capital Bank1$2.4MN/A
8Wells Fargo Bank National Association1$223K0.0%
9LendingClub Bank, National Association1$693K0.0%
10Dogwood State Bank1$1.2M0.0%

Geographic failure vector

StateLoansDefaultsRate
TXTexas700.0%
OHOhio600.0%
NCNorth Carolina200.0%
NJNew Jersey20--
TNTennessee20--
WIWisconsin200.0%
CACalifornia100.0%
COColorado100.0%
CTConnecticut10--
FLFlorida10--

SBA 7(a) lending trend

2017
2
2018
7
2019
8
2020
3
2021
2
2022
4
2023
2
2024
1
2025
2

Borrower profile

Startup22 (76%)
New (< 2 yr)3 (10%)
New (< 1 yr)2 (7%)
Existing (2+ yr)1 (3%)
2-3 years1 (3%)

Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict

What could kill this investment?

SBA charge-offLimited · 36 loans
Verdict score48/100 (higher is better)
Litigation5 cases
Auditor going-concern doubtNo (favorable vs category)

Source: SBA 7(a) FOIA · FDD Items 3, 21

Risk analysis

FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21

Risk & Legal

BAbove average48Verdict score 48/100

SafeSplash is financially healthy with net worth of $2.16M and net income of $1.95M on $8.7M revenue, 119 units and positive 5.9% growth. One pending suit stems from a customer's sexual-assault allegation at a franchisee location (franchisor filed indemnification counterclaim), plus a predecessor 2021 WA consent order. The single serious-topic but franchisee-centered suit is the main note.

High confidence±4 pts
4452

Litigation (Item 3)

Subject: the franchisor is a named party (defendant).

One pending lawsuit (filed Oct 2024) by a franchisee's customer alleging sexual assault at a Hosted Location; franchisor filed a counterclaim against its franchisee for indemnification. Predecessor SwimLabs & Rehab Holding Company entered a 2021 consent order with Washington DFI for offering franchises without registration ($500 penalty), unrelated to current franchisor. Several affiliated-program settlements (no-poaching, data breach) disclosed but explicitly stated to not involve or implicate this franchisor.

Largest disclosed settlement: $650,000

Bankruptcy (Item 4)

None disclosed

Audited financials (Item 21)

Yes · RSM US LLP

Franchisor revenue (Item 21)

Yr 1: $8.7MYr 2: $9.6M

Franchisor entity revenue (not unit-level)

Total revenue includes royalties/technology fees, strategic marketing fund revenue, and franchise fees. Fiscal year ended December 31, 2024.

Supplier relationship · Items 8 & 16

  • Franchisor sells you products: Yes
  • Kickbacks from required suppliers: No
  • Must buy proprietary products: No
  • Restricted to system-approved products: Yes
  • Can negotiate own supplier terms: No

Score breakdown · what drove the 48 / 100 verdict

  1. 01MINORPending suit re assault at franchisee location (franchisor counterclaimed)
  2. 02MINORPredecessor 2021 WA DFI consent order
  3. 03MINORStrong financials: net income $1,954,190, +5.9% growth

Severity inferred from the FDD text · not a regulatory classification

Showing the headline figures — all 146 extracted fields are in the Full FDD Report · $19 →

Full litigation history from the FDD (Items 3 and 4) →

Litigation case detail5 matters · Item 3

Litigation cases

The franchisor

Pending (1)

  • Milly Ali v. LA Fitness, LLC, Fitness International, LLC, Streamline Brands, SafeSplash Swim School, LLC, SafeSplash Brands LLC, Westchester Swim Studios d/b/a SwimLabs Westchester, and Oman Gutierrez

    pending

    Third-party plaintiff · filed 2024-10-24 · N.Y. Supreme Court for Westchester County · 62625/2024

    “In this matter, a franchisee’s customer filed a lawsuit against us, our franchisee, the franchisee’s landlord (the operator of a Host Location), and the perpetrator related to a sexual assault of an adult that allegedly occurred at the Host Location. We filed a counterclaim against our franchisee to enforce the indemnification p”Page 22 of the 2025 FDD, Item 3

Parent, affiliates and predecessor

Concluded (4)

  • Consent Order Number S-21-3104-21-CO01 (State of Washington Department of Financial Institutions, Securities Division - SwimLabs & Rehab Holding Company, Inc.)

    concluded

    Government or regulatory action · SwimLabs & Rehab Holding Company, Inc. · filed 2021-05-17 · State of Washington Department of Financial Institutions, Securities Division · S-21-3104-21-CO01

    “SwimLabs & Rehab Holding Company, Inc., a Colorado corporation from which we acquired substantially all of the assets comprising the SwimLabs® franchise system, entered into a Consent Order with the State of Washington Department of Financial Institutions, Securities Division (“DFI”), on May 17, 2021 (Consent Order Number S-21-3”Page 23 of the 2025 FDD, Item 3

    Outcome:“The Consent Order required SwimLabs & Rehab Holding Company, Inc. to pay $500 to DFI. SwimLabs & Rehab Holding Company, Inc. is not affiliated with us in any way. Disclos”

  • New York v. Dunkin' Brands, Inc.

    concluded

    Government or regulatory action · Dunkin' Brands, Inc. · filed 2019-09-26 · N.Y. Supreme Court for New York County · 451787/2019

    “In this matter, the N.Y. Attorney General (“NYAG”) filed a lawsuit against our affiliate, DBI, related to credential-stuffing cyberattacks during 2015 and 2018. The NYAG alleged that the cyber attackers used individuals’ credentials obtained from elsewhere on the Internet to gain access to certain information for DD Perks custom”Page 24 of the 2025 FDD, Item 3

    Outcome:“Under the consent order, DBI agreed to pay $650,000 in penalties and costs, issue certain notices and other types of communications to New York customers, and maintain a comprehensive information security program through September 2026, including pre”

  • The People of the State of California v. Arby's Restaurant Group, Inc.

    settled

    Government or regulatory action · Arby's Restaurant Group, Inc. · filed 2019-03-19 · California Superior Court, Los Angeles County · 19STCV09397

    “On March 11, 2019, our affiliate, Arby’s Restaurant Group, Inc. (“ARG”), entered into a settlement agreement with the states of California, Illinois, Iowa, Maryland, Massachusetts, Minnesota, New Jersey, New York, North Carolina, Oregon and Pennsylvania. The Attorneys General in these states sought information from ARG on its us”Page 23 of the 2025 FDD, Item 3

    Outcome:“Under the settlement agreement, ARG paid no money but agreed (a) to remove the disputed provision from its franchise agreements (which it had already done); (b) not to enforce the disputed provision i”

  • The People of the State of California v. Dunkin' Brands, Inc.

    settled

    Government or regulatory action · Dunkin' Brands, Inc. · filed 2019-03-19 · California Superior Court, Los Angeles County · 19STCV09597

    “On March 14, 2019, our affiliate, Dunkin Brands, Inc. (“DBI”), entered into a settlement agreement with the Attorneys General of 13 states and jurisdictions concerning the inclusion of “no-poaching” provisions in Dunkin’ restaurant franchise agreements. The settling states and jurisdictions included California, Illinois, Iowa, M”Page 23 of the 2025 FDD, Item 3

    Outcome:“the action was closed after the court approved the parties’ stipulation of judgment. New York v. Dunkin’ Brands, Inc. (N” (page 24)

Item 3 lists the litigation the franchisor must disclose; a matter against a parent, an affiliate or a named officer is not a matter against the franchisor, and pending claims are allegations, not findings.

What are you signing up for?

Ongoing fees run about 8.0% of sales (royalty + ad fund), before rent and labor.

Initial term10 yrs
Renewal term10 yrs
TerritoryProtected, not exclusive
Initial training130 hrs

Source: FDD 2025 · Items 11, 12, 17

FDD Items 12, 15, 17 · continued from Risk & Legal

Contract & Territory Detail

Initial term10 years
Renewal term10 years
Allowed renewalsℹ1
Territory typeProtected territory
Protected territoryYes
Exclusive territoryℹNo
Territory radius5 mi
Online sales rightsℹRestricted
Franchisor can competeYes
Hire a manager?Allowed
Owner-operatorOptional
Non-compete (years)ℹ2 years
Non-compete (miles)ℹ10 mi
Right of first refusalℹYes
Transfer requires consentYes
Termination notice30 days
Mandatory arbitrationYes
Arbitration locationColorado
Jury trial waiverYes
Governing lawColorado
Litigation count5
View Item 3 litigation summary

One pending lawsuit (filed Oct 2024) by a franchisee's customer alleging sexual assault at a Hosted Location; franchisor filed a counterclaim against its franchisee for indemnification. Predecessor SwimLabs & Rehab Holding Company entered a 2021 consent order with Washington DFI for offering franchises without registration ($500 penalty), unrelated to current franchisor. Several affiliated-program settlements (no-poaching, data breach) disclosed but explicitly stated to not involve or implicate this franchisor.

Items 10, 11

Training & Operations

Classroom training
80 hrs
On-the-job training
50 hrs
Ongoing training
Required
Site selection
Franchisor assists with location analysis; franchisee is responsible for locating site and negotiating lease terms
Franchisor financing
Not offered
Item 10
POS system
School Operating and Management Software
Operating tech stack

Items 5 & 11

Franchisor Support

✓Site selection assistance
✓Grand opening support
✓Lease negotiation help

Technology: School Operating and Management Software

Item 20 · call current owners

Franchisee Contacts

69 owners to call

Name · phone · city · state. Extracted from FDD Item 20

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(615) 326-••••TN
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(916) 314-••••CA
(832) 509-••••TX
(605) 202-••••SD
(424) 282-••••CA

Frequently asked questions

Frequently Asked Questions

How much does it cost to open a SafeSplash Swim School franchise?

The total investment to open a SafeSplash Swim School franchise ranges from $945K – $1.3M, with an initial franchise fee of $55K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).

What do SafeSplash Swim School franchise owners earn?

According to Item 19 of the SafeSplash Swim School FDD, the average gross sales per unit is $205K. The median is $156K. Important context: Reported for a subset of outlets rather than the whole system. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.

Who owns SafeSplash Swim School?

SafeSplash Swim School is franchised by SafeSplash Brands, LLC d/b/a Streamline Brands. Its parent company is SafeSplash Holdings, LLC. The ultimate parent named in the FDD is Youth Enrichment Brands, LLC. Source: FDD Item 1, 2025 filing.

What is Item 19 in the SafeSplash Swim School FDD?

The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the SafeSplash Swim School FDD and qualifies whose outlets they describe.

What is SafeSplash Swim School's franchise failure rate?

SBA 7(a) loan charge-off data is not available for SafeSplash Swim School (fewer than 10 loans on file). Charge-off rates are one way to gauge franchise risk, but not all franchise loans go through the SBA program. We recommend reviewing turnover and closure data in the FDD and speaking with current franchisees.

How many SafeSplash Swim School franchise locations are there?

As of their most recent FDD filing, SafeSplash Swim School has 119 total units in the United States, including 90 franchised units and 29 company-owned units. 10 new units were opened in the latest reporting year.

Is SafeSplash Swim School a good franchise to buy?

FranchiseVerdict rates SafeSplash Swim School as a B-grade franchise with a verdict score of 48 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.

Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.

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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.