Established Swim School Business- High Growth Opportunity!

This serviced based swimming school offers classes in Northern New Jersey. They are a provider of Red Cross Aquatics programs for both children and adults, offering instructional programs from preschool to pre-competition training. The business proudly serves nearly 330 students in NJ, with ~98% of clients being children under 10 years old.

The business rents out hotel pools 5 days a week. The pools must be maintained/cleaned by the business. The seller personally services one location 2-3 days a week, whereas he pays an outside provider to service the other pool for $340/month.

The standard level of working capital required in the business is $15-20K.

Staff of 1099-basis professionals ranges on average from 10-30 years of teaching experience with very specific talents and attributes that set them apart in their field. The staff is paid well, on the high end in comparison to competitors. There is a guaranteed ratio of at most 2 students for every 1 instructor, which is a positive differentiating factor in comparison to competition.

Admin Staff - 2 employees, the seller and his son. They handle all financial, administrative and back office activities.

Instructional Staff - 6 team members

Licenses Needed - CPO needed (Certified Pool Operator) to maintain pool