British Swim School

What specific factors contributed to the sharp increase in unit closures from 32 annually (2022-2023) to 57 closures in 2024?

Can you provide a breakdown of the 52 units that 'ceased other' in 2024—what circumstances led to these closures beyond franchisee terminations?

Given the royalty rate of 10% exceeds the typical range of 7-8%, how does this rate compare to competitors in the childcare/education aquatics space?

Why does the franchise fee of $59,500 exceed the typical range for this category, and what additional value or support justifies this premium?

The transfer fee of $29,750 is substantially higher than the typical range of $7,400-$20,000—what does this fee cover and why is it nearly 50% of the initial franchise fee?

With a 22.1% closure rate significantly above the typical 0.0-5.0% range, how does the franchisor support struggling units to reduce exits?

Can you explain the relationship between the high transfer rate of 7.0% and the elevated closure rate—are franchisees exiting by selling or by closing operations?

With 10 renewal conditions (above the typical 6-9 range), what specific compliance requirements frequently cause franchisees to fail renewal or exit before renewal?

The non-compete clause covers 2 years/15 miles for any competitive aquatics program—how strictly does the franchisor enforce this, and have former franchisees successfully challenged it?

Given the $5,000 renewal fee and 10 renewal conditions, what percentage of franchisees renew versus exit at the end of their initial 10-year term?

The Risk Factors score of 47 is well below the typical 70.3-80.0 range—what specific risk factors are elevated for this system?

With Financial Performance scoring 53 (below typical range), can you reconcile the reported median gross sales of $334,634 with profitability and what percentage of franchisees achieve the median sales figure?

How many of the 237 units operating 1 year ago are still in operation today, and of the 21 net new units, what percentage are relocations versus truly new locations?

The franchisor requires minimum royalties of $1,500-$3,500 monthly depending on tier—at what sales level does a franchisee transition between tiers?

Late payment penalties include $100 per occurrence plus 18% annual interest—how frequently does the franchisor impose these penalties, and are there payment plan options for struggling franchisees?

Personal guarantees are required from all direct and indirect owners—in the event of franchise closure, what is the franchisor's typical collection approach against personal guarantees?

The 72-hour cure period for health/safety violations is very short—what documentation or support does the franchisor provide to help franchisees meet compliance standards?

What has been the impact of the 15 non-curable defaults on franchisee terminations, and can you provide examples of material misrepresentations that triggered termination?

With exclusive territory protection and Territory score of 100 (above typical range), how has the franchisor managed encroachment issues, and are there documented cases where existing franchisees were protected from new unit placement?

Can you provide the historical renewal rate data—what percentage of franchisees have renewed versus not renewed at the end of their initial term over the past 10 years?