The Trampoline
A trampoline is an elevated canvas supported by a metal
frame. It is used for aerobatic jumping and tumbling.
The device allows leaps and jumps propelled by the
springs and canopy cover. Processional athletes, circus acts and stuntmen use
trampoline in their performances. The frame of trampoline is usually galvanized
steel while the mat is polyethylene.
The best material for trampoline mats is polypropylene.
This is because the fibers are compacted, strong, durable and has a smooth
surface.
Other attributes of polyethylene are ultraviolet
protection, flexible, moist resistant and maintenance free. The canvas is easily
replaceable and comes in different shapes and sizes.
Are you looking for a family oriented
business venture then owning a trampoline park is your best bet. The business
template is fun, leisure oriented and moderately challenging.
You need proper business
skills and serious financing to start a trampoline center. Many new
entrepreneurs prefer joining a franchise to leverage on their experience and
structures.
The popularity of combined
fun and fitness centers has increased dramatically over the years. Same applies
to food choice, vegan meals and healthy eating.
Pay for play centers such as
amusement parks and theme parks have huge earning potential. Fun activities
such as bumper cars, train rides, bouncing castles and trampoline parks attract
lots of revelers.
Trampoline theme parks especially in America
have increased in popularity and provide business opportunities for startup
companies. To launch your startup trampoline business you need serious cash,
good location and dedicated staff.
There are three ways to open
a trampoline park business. You could
build the park from scratch, securing a franchise agreement or buying an
established park.
Every option has its merits
and demerits so plan appropriately. Let’s see how you can open a franchise
trampoline park.
How to Open a Franchise Trampoline Park
Write a Trampoline Park Franchise Plan
You need a business plan to
set the ball rolling. Understanding your customer base is essential to the
success of the enterprise.
Who are your customer base,
age, demography and interests? Other things to consider is purchasing a
warehouse or leasing a huge space.
How effective are your
safety protocols to prevent serious accidents and litigation. Your business
plan should have a mission statement, goals and objectives.
You need to understand the
countries zoning formula as it affects setting up your business. Study the competition, business structure,
location and carry out a feasibility study.
Locating the Trampoline Park
It is important to find the
ideal location for your leisure park. Once you have the zoning formula and
approval the size of the location is important.
On an average trampoline
park has an average of 200-250 jumpers at same time. The pace should
accommodate 24-foot minimum ceiling height and 34, 000 sq. ft average size.
Make sure you factor the
cost per sq. feet and location of the enterprise. Position the business for
profit making right from the start.
If you are leasing the
property make sure you have a long lease agreement of several years. This is to
prevent unscrupulous land lords arbitrarily increasing rent as your business
grows.
If you have the funds purchase the property
outright.
Why Franchising
Franchise owners provide
adequate support and experience for startup companies. They reduce financial
risk while maximizing the facilities potential.
You can study their track
record, financials, market penetration and brand. Before signing anything study
their concept, park exoskeleton and features.
The design, theme and feel of the park are
important to the overall success of the enterprise. Franchise fees are high
including 6% gross revenue and an annual fee.
The amount you pay to a franchise could run
into $1.5 million. This is a huge sum based on technical assistance, training,
trampolines, reduced building costs and branding.
The cost of purchasing the
space could gulp up another $700,000. Franchise
agreement could include about 20% upfront investment.
Make sure you engage a
lawyer to study the small print before appending your signature.
The Construction
The franchise owner could
recommend a builder to the franchisee. Find reputable trampoline park builders
and licensed contractors.
Make sure they have knowledge
of constructing such parks and good references. All considerations on property
location, profitability and accessibility should be concluded before committing
huge funds to constriction.
You need to secure building
permit from local authority before putting up your structure.
Funding the Trampoline Park
You need at least $2 million
to start a franchise trampoline park. Apply to commercial banks in your
locality for loans.
They would require
collateral, your business plan and proof of business knowledge. You need to
have at least 30% of the startup funds and an account in the bank.
Make sure the loan agreement
is long termed with a fix interest rate.
Company Registration
Incorporate the company as a
limited liability entity. You need to abide by zoning formula and laws guiding
the enterprise. Once you conform to the zoning secure a lease agreement
including an approved plan. You need construction permits and serious safety
protocols.
Conclusion
Running a trampoline park is
fun exciting and challenging. You can earn huge income from the business
venture. Due lots of due diligence before acquiring any franchise agreement.
To increase revenue organize
package deal, school activities and offer discounts. Include other added
attractions including simple snacks and soft drinks.
Hire dedicated and friendly
staff including security.
1 comments:
For children, the bigger trampoline is better. Kids grow and they love to bounce with friends! To work out if your chosen size will fit, you can try laying a hosepipe in the area the trampoline will sit in. Gettrampoline.com
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