Goldfish Swim School Ranks No. 1 in Swimming Lessons Category in Entrepreneur’s Highly Competitive Franchise 500®
Swim School Solidifies Premier Standing, Builds Momentum for Remarkable Growth Year in 2022
January 11, 2022 // Franchising.com // TROY, Mich. - Goldfish Swim School Franchising, LLC was recognized as no. 1 in the swimming lessons category and no. 53 overall on Entrepreneur’s Franchise 500®, the world’s first, best and most comprehensive franchise ranking. This marks the brand’s fifth consecutive year earning the no. 1 spot in the category and sixth consecutive year on the prestigious list overall. The 43rd annual Entrepreneur Franchise 500® is a highly sought-after honor in the franchise industry. Goldfish Swim School solidifies its premier standing for its tremendous performance in areas including unit growth, financial strength and stability, and brand power.
2021 proved to be a remarkable year for the brand, awarding 26 schools alongside 13 new school openings. The leading swim school kicked off 2022 with its 125th school opening and is achieving high performance marks, now exceeding its pre-COVID enrollment numbers - teaching more than 150,000 children each week how to be safer in and around the water.
“We are excited to embark on our next chapter of growth in 2022, and this ranking is a strong validation of the growth and success we’ve achieved and where we are headed,” said Chris McCuiston, CEO & Co-Founder of Goldfish Swim School. “On behalf of the entire network and team, we’re grateful to be recognized as a stand-out brand. Between our devoted existing franchisees expanding their portfolios and adding new entrepreneurial-minded individuals to our system, we’re confident for the year ahead. By prioritizing results, support and innovation, we’re ready for this next era of growth as we expand our North American footprint.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 43-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation, including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The past year has been one of the most challenging for businesses in recent memory, which made putting together our 43rd annual Franchise 500 list more enlightening than ever,” says Entrepreneur Editor in Chief Jason Feifer. “The companies named to this year’s list showed us how being resilient, supportive, and nimble can help navigate extraordinary challenges and also underscore the grit and innovation that define entrepreneurship.”
Over its 43 years in existence, the Franchise 500® has become both a dominant competitive measure for franchisors and a primary research tool for potential franchisees.
Goldfish Swim School provides swim lessons and water safety instruction to infants and children ages four months to 12 years, teaching children how to be safer in and around the water. Each school offers swim lessons and programs using a proprietary philosophy, The Science of SwimPlay®, to build life skills both in and out of the water using play-based learning in a fun and safe environment. Each school’s number one focus and main priority is always the same - educating children on water safety while teaching them how to swim and respect the water.
Results can also be seen in the January/February 2022 issue of Entrepreneur.
SOURCE Goldfish Swim School
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