Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026Prime Rate:6.75%Fed Funds:3.64%5-Yr Treasury:3.88%10-Yr Treasury:4.25%30-Yr Treasury:4.83%30-Yr Mortgage:6.22%·Updated Mar 19, 2026
Rates
Silver Bear Swim School

Silver Bear Swim School

Franchising since 2006 · 4 locations

The total investment to open a Silver Bear Swim School franchise ranges from $165,000 - $343,000. The initial franchise fee is $50,000. Ongoing royalties are 6%. Silver Bear Swim School currently operates 4 locations (4 franchised). PeerSense FPI health score: 50/100.

Investment

$165,000 - $343,000

Franchise Fee

$50,000

Total Units

4

4 franchised

FPI Score
Low
50

Proprietary PeerSense metric

Moderate
Capital Partners
4lenders available

Active capital sources verified for Silver Bear Swim School financing

SBA

7(a) Eligible

21d

Avg Funding

P+2.25%

Best Rate

No retainers · Referral fee at closing

FPI Score Breakdown

Emerging (3-9 loans)

Limited Data
50out of 100
Moderate

SBA Lending Performance

SBA Default Rate

0.0%

0 of 4 loans charged off

SBA Loans

4

Total Volume

$5.7M

Active Lenders

4

States

2

What is the Silver Bear Swim School franchise?

For parents navigating the critical responsibility of child safety, the question of effective swim education and water safety is paramount, representing a significant challenge in safeguarding young lives. The Silver Bear Swim School franchise directly addresses this core parental concern by offering a proven system for delivering essential swim education and water safety to children within the rapidly expanding sports and recreation instruction industry. This established brand was founded in 2006 by Tim Hall and Katie Hall, opening its inaugural swim school in Reno, Nevada, with a clear mission to provide high-quality aquatic instruction. Since its inception, Silver Bear Swim School has meticulously refined its operations and franchise system, expanding its reach from its Nevada roots. The brand's leadership team is deeply experienced, with Tim Hall serving as CEO, overseeing operations and financial direction, and notably launching the company's successful baby swim program. His extensive professional background includes a tenure as an advertising executive in San Francisco, where he managed significant accounts for Fortune 100 brands such as Clorox, Coors Brewing Company, and Levi's, coupled with his personal discipline as a three-time Ironman athlete. Katie Hall, also a CEO and the Aquatics Director, brings a formidable aquatic background, having begun competitive swimming at age six and later swimming at the University of California, Berkeley, under U.S. Olympic team coaches, where she captained her team in her senior year; she is also an active member of the United States Swim School Association. With its headquarters firmly established in Reno, Nevada, the company further benefits from key leadership contributions such as Jamie Proctor, who oversees training, and operates under the management of Silver Bear Holdings, which appears to function as the parent company managing the franchise operations. Currently, the Silver Bear Swim School system comprises 4 total units, all of which are franchised, demonstrating a strategic pivot towards a franchise-centric growth model. This robust framework positions the Silver Bear Swim School franchise as a significant player within a global swim school market that was valued at an estimated $1.2 billion in 2023 and is projected to reach $1.6 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.6%, while other estimates place the global market size at USD 9.3 billion in 2024, with a projection to reach approximately USD 17.8 billion by 2033 at a CAGR of 7.5% from 2025 to 2033. For potential franchise investors, Silver Bear Swim School offers an opportunity to enter a vital and growing segment of the economy, backed by seasoned leadership and a refined operational model. This analysis provides an independent, data-driven perspective, distinct from promotional materials, to inform serious investment consideration in the Silver Bear Swim School franchise opportunity.

The broader industry landscape for swim schools is characterized by robust growth and critical consumer demand, making it an attractive sector for franchise investment. The global swim school franchise market, as noted, is experiencing substantial expansion, with market size estimates ranging from $1.2 billion in 2023, projected to reach $1.6 billion by 2030 at a 5.6% CAGR, to a more expansive valuation of USD 9.3 billion in 2024, anticipated to grow to approximately USD 17.8 billion by 2033 with an impressive 7.5% CAGR from 2025 to 2033. These figures underscore a significant and sustained upward trajectory, driven primarily by fundamental consumer trends. A paramount trend is the critical demand for swim education and water safety, as parents increasingly prioritize life-saving skills for their children, recognizing the inherent risks associated with water activities. This imperative is amplified by a growing emphasis on early childhood development and health consciousness, with swimming recognized for its comprehensive physical and cognitive benefits. These secular tailwinds create a fertile environment for brands like Silver Bear Swim School, which specialize in providing structured, professional instruction. The sports and recreation instruction industry, in which Silver Bear Swim School is categorized, continues to attract substantial franchise investment due to its resilient demand, often counter-cyclical nature, and the recurring revenue potential inherent in subscription-based lessons. While the competitive dynamics within the swim school industry can be fragmented at the local level, established brands with comprehensive curricula and strong operational support, such as Silver Bear Swim School, are well-positioned to consolidate market share. Macro forces, including increased public awareness campaigns regarding water safety, evolving child development standards, and a general societal shift towards active and healthy lifestyles, further create enduring opportunities for growth within this specialized instructional category. The Silver Bear Swim School franchise is strategically aligned with these powerful market forces, offering a structured business model to capitalize on this persistent demand.

Investing in a Silver Bear Swim School franchise involves a transparent cost structure, beginning with an initial franchise fee of $50,000 for a single unit. For multi-unit operators, the brand provides tiered fee incentives, setting the franchise fee at $95,000 for two swim schools and $135,000 for three swim schools, encouraging scalable growth for ambitious franchisees. The total investment range for establishing a Silver Bear Swim School varies significantly based on the chosen facility type, a critical factor influencing overall capital outlay. For leased facilities, the estimated total investment ranges from $165,000 to $343,000, presenting a more accessible entry point into the market. Conversely, for ground-up facilities, which involve new construction and potentially larger-scale operations, the total investment ranges from $1,195,000 to $4,538,000, reflecting a premium investment tier. Some available sources also specify a "Start Up Cost" of $165,000 and "Cash Required" of $165,000, aligning with the lower end of the leased facility investment spectrum and indicating the minimum liquid capital expectation for entry. Beyond the initial investment, ongoing fees include a royalty rate of 6% of gross sales, which is paid monthly, ensuring a continuous revenue stream for the franchisor in exchange for brand support and system access. Additionally, franchisees contribute 0.5% of gross sales to a Brand Development Fund (Ad Fund), which fuels collective marketing and brand-building initiatives. Franchisees are also required to invest a minimum of $500 per month in local advertising and marketing efforts to drive local enrollment and brand visibility. The estimated costs further encompass an allocation of $2,500 to $10,000 for grand opening expenses, which is incorporated within the total startup investment ranges, ensuring franchisees are prepared for a strong market debut. Crucially, the estimated total investment includes essential third-party professional fees, insurance coverage, and a provision for three months of working capital, designed to support initial operational stability. This comprehensive financial framework positions the Silver Bear Swim School franchise as an investment opportunity that spans from an accessible mid-tier for leased facilities to a premium-tier for ground-up developments, catering to a range of investor capacities. The franchise operations are managed by Silver Bear Holdings, providing a corporate backing structure for the system.

The Silver Bear Swim School operating model is designed for comprehensive support and efficient delivery of its core service: high-quality swim education and water safety instruction for children. Daily operations for a franchisee involve managing a proprietary curriculum, overseeing instructor teams, developing and executing scheduling plans, and ensuring effective program planning and class execution. The model also emphasizes proactive pre-selling strategies and efficient online registration systems to streamline customer acquisition and management. Franchisees are responsible for localized marketing and advertising efforts, maintaining financial oversight of their unit, and upholding rigorous customer service standards, all while focusing on community integration. The staffing requirements center around qualified swim instructors, with the corporate system providing guidance on hiring, training, and coaching systems to maintain a high standard of teaching. While specific format options beyond leased versus ground-up facilities are not detailed, the operational model supports dedicated swim school facilities. The training program for new Silver Bear Swim School franchise owners is extensive and hands-on, beginning with comprehensive onboarding that combines virtual components with essential in-person instruction. Franchisees undergo two immersive weeks of hands-on training conducted in the Reno, Nevada, area, ensuring a deep understanding of all operational facets. This rigorous training covers the proprietary curriculum, effective instructor management techniques, efficient scheduling practices, program planning methodologies, precise class execution, proven pre-selling strategies, utilization of online registration systems, local marketing and advertising best practices, financial oversight protocols, and the company’s stringent customer service standards. Following initial training and in preparation for the grand opening, the Silver Bear team provides crucial on-site support at the new swim school location, assisting with the final setup and launch. Ongoing corporate support is a cornerstone of the Silver Bear Swim School franchise system, encompassing continuous guidance to help franchisees grow their businesses, strengthen operational efficiencies, and integrate effectively into their local communities. This robust support structure includes continued hands-on training with the leadership team, comprehensive operations playbooks, expert guidance on facility design and construction (as exemplified by the mandated TMI equipment for the Lehi, Utah, franchisee), strategic local and national marketing strategies, sophisticated hiring, training, and coaching systems, a structured grand opening launch program, and continuous performance optimization. The company actively fosters a collaborative culture among franchisees, staff, and clients, reinforcing a supportive network for growth and success. While specific territory structures are not detailed, the brand is actively offering new franchises throughout the U.S., implying a focus on establishing exclusive geographic markets for its franchisees. The intensive training and operational responsibilities suggest an owner-operator model, particularly in the initial phases, ensuring dedicated management and adherence to the Silver Bear Swim School brand standards.

Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document. However, for context and historical insight, some available information has indicated an average franchisee revenue of $1,367,026. Furthermore, historical data points have shown a top location gross profit less disclosed expenses and franchisee related expenses reaching $603,000. While these figures offer a glimpse into potential unit-level performance, prospective Silver Bear Swim School franchise investors must rely on their own due diligence in the absence of current FDD disclosures. Analyzing the unit count growth trajectory and market positioning provides additional insights into the brand's performance signals. The Silver Bear Swim School was founded in 2006, opening its first swim school in Reno, Nevada. This initial success led to an expansion into Sparks, Nevada, in 2012, driven by increasing demand, demonstrating early organic growth for company-owned operations. Franchise ownership opportunities were formally made available in 2018, 2019, or 2022, with different sources providing these dates, indicating a strategic decision to scale through franchising after a period of direct operational success. The first franchisee joined the Silver Bear Swim School system in 2021, opening a location in Lehi, Utah, which officially commenced operations in the summer of 2022. These inaugural franchisees, Tynette and Devon Millington, represent a significant milestone in the brand's franchise development. A second franchise owner signed on in 2023, with plans to open their location in the fall of that same year, further validating the appeal of the Silver Bear Swim School franchise model. Currently, the system comprises 4 total units, all of which are franchised, underscoring a complete transition to a franchised operational model. This deliberate, measured growth trajectory, with new franchisees joining in 2021 and 2023, suggests a cautious yet confident approach to expansion, prioritizing the successful integration and performance of each new unit. The brand and its franchise model have been continuously refined since 2006, indicating a commitment to optimizing unit-level economics and franchisee support. In the broader context of the global swim school market projected to reach $1.6 billion by 2030 at a 5.6% CAGR, or even $17.8 billion by 2033 at a 7.5% CAGR, the Silver Bear Swim School franchise operates within an industry with strong tailwinds for revenue generation. The consistent refinement of the model and the steady onboarding of new franchisees provide positive signals regarding the underlying unit-level performance and potential for profitability within the system.

The growth trajectory of Silver Bear Swim School demonstrates a strategic evolution from a single-unit operation to a franchised system. Founded in 2006 with its first swim school in Reno, Nevada, the brand expanded organically to Sparks, Nevada, in 2012 to meet increasing local demand, establishing a strong foundation. The pivotal decision to offer franchise ownership opportunities occurred in either 2018, 2019, or 2022, with varying sources on the exact year, marking the transition to a scalable franchise model after more than a decade of operational experience. The first Silver Bear Swim School franchisee joined in 2021, leading to the opening of a location in Lehi, Utah, in the summer of 2022, showcasing a typical timeline for facility development. A second franchisee signed on in 2023, with plans to open later that year, indicating a consistent, albeit measured, pace of expansion. The current system consists of 4 total units, all of which are franchised, reflecting a complete shift in the brand's growth strategy. This controlled expansion allows for focused support and refinement of the franchise model, which has been an ongoing process since 2006. Recent corporate developments include the continuous refinement of the brand and its franchise model, a testament to Silver Bear Holdings' commitment to optimizing the system for new operators. The company is actively offering new Silver Bear Swim School franchises throughout the U.S., signaling an ambitious yet careful expansion strategy. The competitive moat for Silver Bear Swim School is multi-faceted, built upon proprietary technology and operational excellence. Its established brand recognition, cultivated since 2006, resonates with parents seeking trusted swim education. The proprietary curriculum is a significant differentiator, ensuring consistent, high-quality instruction across all locations. Leadership experience, including Tim Hall's background managing Fortune 100 brands and Katie Hall's Olympic-level swimming expertise and U.S. Swim School Association membership, provides a strong foundation of industry knowledge and business acumen. The comprehensive training and support structure, featuring two weeks of immersive in-person training and ongoing operational guidance, equips franchisees for success. Furthermore, the mandated use of specific equipment, such as TMI equipment, in the franchise agreement ensures consistent facility quality and operational efficiency. The brand's focus on water safety and its successful baby swim program cater to a broad and essential market segment. The Silver Bear Swim School franchise is adapting to current market conditions by emphasizing its proven curriculum, robust support systems, and the critical, non-discretionary nature of swim safety education, ensuring its relevance and demand in a dynamic consumer landscape.

The ideal Silver Bear Swim School franchisee is characterized by a strong operational acumen, a commitment to community engagement, and a passion for child development and safety, rather than requiring specific prior industry knowledge. While a management background is beneficial for overseeing staff and daily operations, the comprehensive two-week immersive training in Reno, Nevada, is designed to equip individuals from diverse professional backgrounds with the necessary skills to manage a successful swim school. Franchisees must be prepared to manage instructor teams, implement proprietary curriculum, oversee scheduling, and maintain high standards of customer service. The explicit availability of multi-unit fees – $95,000 for two swim schools and $135,000 for three swim schools – clearly indicates an expectation and encouragement for multi-unit development, suggesting that the ideal candidate may also possess the vision and capital to scale their investment. Silver Bear Swim School is actively offering new Silver Bear Swim School franchises throughout the U.S., indicating a broad geographic focus for expansion. The initial growth from Reno to Sparks, Nevada, and the establishment of the first franchised unit in Lehi, Utah, suggest a strategy targeting growing suburban markets where demand for children's activities and safety education is high. While specific performance data for different markets is not provided, the consistent demand for swim education across various demographics implies broad market viability. The timeline from signing a franchise agreement to opening a Silver Bear Swim School location can be estimated to be around one year, based on the first franchisee signing in 2021 and commencing operations in the summer of 2022, particularly for projects involving significant build-out or ground-up construction. This period allows for site selection, facility design, construction or renovation, comprehensive franchisee training, and pre-opening marketing activities. The intensive training and the hands-on nature of the ongoing support strongly suggest an owner-operator model, especially in the initial stages, where the franchisee's direct involvement ensures adherence to brand standards and operational excellence. However, with multi-unit expansion, operators may transition to a more managerial role, overseeing multiple locations with dedicated on-site management teams. Considerations for transfer and resale would be governed by the specific terms outlined in the franchise agreement.

For investors seeking a franchise opportunity within a high-growth, essential service industry, the Silver Bear Swim School franchise presents a compelling investment thesis. The brand is strategically positioned within the rapidly expanding global swim school market, which is projected to reach $1.6 billion by 2030 or even $17.8 billion by 2033, driven by critical consumer demand for child water safety and education. With a founding date in 2006, Silver Bear Swim School brings nearly two decades of operational experience and a continuously refined business model to its franchisees. The leadership team, comprising seasoned professionals like Tim Hall with Fortune 100 advertising experience and Katie Hall with Olympic-level swimming expertise and USSSA membership, provides a robust foundation of business acumen and industry authority. The investment structure, offering options from $165,000 to $343,000 for leased facilities and up to $4,538,000 for ground-up developments, caters to a range of investor profiles, while ongoing fees like the 6% royalty and 0.5% ad fund are standard for the category. The comprehensive training, including two immersive weeks in Reno, Nevada, and ongoing operational support, minimizes the learning curve and maximizes the potential for success for Silver Bear Swim School franchise owners. While Item 19 financial performance data is not disclosed in the current Franchise Disclosure Document, historical information indicating an average franchisee revenue of $1,367,026 and a top location gross profit of $603,000 provides a valuable context for evaluating potential unit economics. The brand's measured growth trajectory, with 4 franchised units and active expansion throughout the U.S., signals a disciplined approach to scaling a proven concept. This opportunity is underscored by a PeerSense FPI Score of 50, indicating a moderate investment profile within the franchise landscape. PeerSense provides exclusive due diligence data including SBA lending history, FPI score, location maps with Google ratings, FDD financial data, and side-by-side comparison tools. Explore the complete Silver Bear Swim School franchise profile on PeerSense to access the full suite of independent franchise intelligence data.

FPI Score

50/100

SBA Default Rate

0.0%

Active Lenders

4

Key Highlights

Low SBA default rate (0.0%)

Data Insights

Key performance metrics for Silver Bear Swim School based on SBA lending data

SBA Default Rate

0.0%

0 of 4 loans charged off

SBA Loan Volume

4 loans

Across 4 lenders

Lender Diversity

4 lenders

Avg 1.0 loans per lender

Investment Tier

Mid-range investment

$165,000 – $343,000 total

Payment Estimator

Loan Amount$132K
Interest Rate9.5%
Term (Years)10 yr

Estimated Monthly Payment

$1,708

Principal & Interest only

Locations

Silver Bear Swim Schoolunit breakdown

Total Units
N/A
Franchisee Owned
System Owned
Closed

Explore Funding for Silver Bear Swim School

Our business financing consultants help connect you with the right lending partners. No retainers — referral fee paid at closing.

By submitting, you agree to be contacted by PeerSense regarding franchise financing options. We never share your information.

Or get an instant analysis

Scan Your Deal Instantly
Silver Bear Swim School