How much does a SailTime franchise owner make?

SailTime franchise earnings and revenue can vary significantly from one franchisee to another. The SailTime franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

SailTime unfortunately does not disclose financials on how much SailTime franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, SailTime does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with SailTime franchisees. Do note that SailTime is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 SailTime franchisees to understand how much money they are making from their SailTime business.

You should also speak to former SailTime franchisees to understand why they left the system. Did they sell their SailTime at a profit? Were they forced to close their SailTime franchise down because it kept losing money?

What is the SailTime Franchise Fee?

Owning a SailTime franchise requires a 7% royalty fee and a 1% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship.

Keep in mind, there is also an initial SailTime franchise fee of $60,000 that is included in the initial investment amount of $544,419 to $1,003,419. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the SailTime franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the SailTime franchise fee of $60,000.

Visit the SailTime metrics tab to explore how the franchise, royalty and marketing fees compare to other Travel and Hospitality franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was SailTime founded?

SailTime was founded 16 years ago in 2006. SailTime started offering franchises in . At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many SailTime locations are in the U.S.?

As of Issuance of 2020, there were 24 SailTime locations owned and operated by franchisees across the U.S. There are also 0 corporate locations owned and operated by SailTime. Most Travel and Hospitality franchises like SailTime have more franchised locations than corporate locations.

How many SailTime franchises opened over the past few years?

Over the prior 3 years we have data for, SailTime has opened 4 outlets throughout the U.S.

Visit the SailTime metrics tab to explore how the openings compare to other Travel and Hospitality franchises.

How many SailTime franchises closed over the past few years?

Over the prior 3 years we have data for, SailTime has closed 2 outlets throughout the U.S.

Visit the SailTime metrics tab to explore how the closures compare to other Travel and Hospitalityfranchises.

Is SailTime growing? Are they opening more locations than they are closing?

The net unit growth rate for SailTime over the past 3 years is 9%. Over the last year we have data for, SailTime had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the SailTime growth rate compares to 2,000+ other franchises and Travel and Hospitality franchises like SailTime. More info in the SailTime metrics tab.

Is SailTime franchise eligible for an SBA Loan?

SailTime is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

SailTime franchise was assigned the SBA Franchise ID of S5354 on 4/29/2020. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like SailTime that are reviewed and found eligible under SBA's affiliation rules and other eligibility criteria.

Is SailTime a franchise in the United States?

According to the SBA, SailTime meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that SailTime provides you with an FDD if you are in discussion to buy a SailTime.

What is the SailTime Franchise for Sale Rate?

The SailTime systemwide health and franchisee satisfaction can be measured by the SailTime franchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

The franchise for sale rate for SailTime over the past 3 years is 29%. Over the last year we have data for, SailTime had a franchise for sale rate of 4%.

Without a comparison, this number doesn’t mean much. Compare how the SailTime franchise for sale rate compares to 2,000+ other franchises and Travel and Hospitality franchises like SailTime. More info in the SailTime metrics tab.

What is the SailTime Franchise Failure Rate?

SailTime failure rate over the past 3 years is 8%. Over the last year we have data for, SailTime had a franchise failure rate of 8%

Without a comparison, this number doesn’t mean much. Compare how the SailTime failure rate compares to 2,000+ other franchises and Travel and Hospitality franchises like SailTime. More info in the SailTime metrics tab.

How can I find out more details on SailTime franchise?

Visit the SailTime metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today for exclusive access on this franchise opportunity!