factual

How many pre-opening payroll days are estimated for a Big Blue Swim School franchise?

Big_Blue_Swim_School Franchise · 2025 FDD

Answer from 2025 FDD Document

This estimates your pre-opening labor costs (excluding HQ training, which is accounted for in note 7).

We estimate 48 pre-opening payroll days for which you will need to pay, provide benefits to, and insure managers and swim associates.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 25–29)

What This Means (2025 FDD)

According to Big Blue Swim School's 2025 Franchise Disclosure Document, franchisees should anticipate approximately 48 pre-opening payroll days. This estimate covers the costs associated with compensating, providing benefits, and insuring managers and swim associates during the pre-opening phase. It's important to note that these costs are separate from those related to HQ training, which are accounted for separately.

This pre-opening labor cost is part of the broader "Pre-Opening Operations & Labor" expense, which ranges from $75,000 to $95,000. This range suggests that the actual number of payroll days could fluctuate based on staffing levels and local wage rates. Franchisees should carefully consider employee wage requirements and practices specific to their market area to accurately budget for this expense.

Prospective Big Blue Swim School franchisees should factor in these payroll days when planning their initial investment and operational budget. Understanding the number of pre-opening payroll days helps in forecasting cash flow and managing expenses effectively during the critical startup phase. It is also important to note that the pre-opening payroll days do not include any draw or salary for the franchisee themselves.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.