The world’s first trampoline park was opened in the United States in 2004. Now, there are more than 600 trampoline parks in the US alone.
Trampoline parks are popping up across the world as people look for fun activities to do as a family, with friends, and for exercise.
Owning a trampoline park franchise can be an excellent investment. But, one of the most important decision you’ll make is choosing which franchise to join.
Read on for our top tips on trampoline franchises, their costs, expectations, and suitability for you.
Who Should Start a Trampoline Park Franchise?
If you’re considering a trampoline franchise, take some time to consider why you are interested in trampoline parks instead of say, a pizza franchise.
Trampoline park franchises are good for those who like fun, enjoy working with families and kids and like indoor fun centers.
A trampoline park franchise costs a lot. So you’ll need to either have good credit for a sizeable loan a business partner who can fund the capital or a large savings account.
Some people have the wrong impression of franchises. The responsibility of the business will sit squarely on your shoulders. As a franchisee, you will be in charge of paying your vendors, scheduling your employees, taking care of inventory and hiring staff.
Consider Obligations and Restrictions
Ask yourself if you have the type of personality that can deal with franchisor restrictions. You have to follow strict brand guidelines and practice standards. Look into the franchise business model of a trampoline brand you’re interested in to see if it suits you.
If you prefer to do your own thing, a franchise may not be the best fit.
Carefully read the franchise agreement. Is the franchisor going to give you hands-on help to develop?
Make sure you understand your obligations. It is common that the agreement includes the clause that you will use your best efforts to promote and enhance the franchise.
You must offer all the products and services that the franchisor requires. You can’t choose the ones you like best. You also can’t delegate or transfer the responsibility of the franchise to someone else without consent from the franchisor.
Often, the initial franchise term of the agreement is effective for 10 years. This is conditional upon you meeting the conditions the franchisor sets.
Compliance is key. You will face some hefty fines if you don’t comply with the brand’s policies. You can expect to pay around $250 for each day you remain out of compliance.
Failing to get signed waivers from guests is subject to a $2,500 per violation fine.
Perks of Joining a Franchise
But don’t let these obligations scare you off! There are many great reasons why trampoline franchises are good investments.
For one thing, a franchise gives you a proven model that works. You won’t have to start from scratch.
Depending on the brand you choose, the franchisor will help you gain the skills you need to succeed. A good quality franchise provides both initial and ongoing support and marketing help.
You don’t need business experience to run a franchise. Franchisors will give you the training you need to operate their business model.
Franchises offer independence akin to owning a small business coupled with the benefits of a big business network.
An obvious perk of starting a trampoline franchise is brand recognition. The moment you put your sign up, people will know what your business is and what they can expect.
If you don’t have another trampoline park in your city, you can offer a unique indoor space that caters to children and adults alike. Birthday parties, team building days and weekend glow-in-the-dark jumps are all excellent options for people in your area.
Startup Costs of Indoor Trampoline Park Franchise
Buying the best trampoline is just the beginning. Opening a trampoline park franchise can be a costly undertaking.
You can expect to invest between one and three million dollars. Of course, the franchise you choose will make a big difference in the startup costs.
Opening an indoor trampoline park franchise typically requires $1,000,000-$3,000,000. Larger franchises like Sky Zone cost more than niche options. Here are several franchise options you can consider and their costs.
To buy a Sky Zone franchise, you’ll need a total investment of between $1,300,000-$2,700,000.
The initial franchise fee is $60,000. Then there are equipment, real estate, and marketing start-up costs.
The great thing about Sky Zone is that it is a widely recognized brand and has a proven success model.
Your customers can enjoy basketball, jumping, climbing, and even ultimate dodgeball.
Texas-based company Urban Air has a total of 85 trampoline parks across the country.
Urban Air offers an indoor adventure park for its guests. There is indoor go-karts, a Ninja Warrior course as well as trampolines.
You can expect your total investment to be between$900,000-$2,000,000 depending on several variables.
If you want to have diverse entertainment options under one roof, Urban Air is a good choice.
Big Air Trampoline Park
Big Air is a trampoline park full of fun attractions. Visitors can enjoy balance beam baton fights and more.
The franchise fee is $50,000. And the total startup investment can range from between $1,500,000 and $2,300,000.
There you go! Everything you need to know about starting a trampoline park franchise. We hope this guide has given you the info you need to move forward with your new career.
Once you get your location up and running, check out our scheduling resources to help you stay organized.