How much does a Sky Zone franchise cost?
- Initial Franchise Fee: $60,000
- Total Investment: $1,300,829 to $1,621,526
- Working Capital: $40,000 to $80,000
- Royalty Fee: 6.0%
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How much revenue does a Sky Zone make?
Twenty-five million people will visit this year, generating more than $300 million in sales. Last year, Sky Zone corporate's revenues were $50 million, with a 20% profit margin.
Are trampoline parks profitable?
While the initial costs of opening a trampoline park are relatively high, the trampoline park business still stands as an investment worth industry and can (with a well-defined trampoline park business plan) quickly become a profitable business.
Who started the Sky Zone franchise?
Rick PlattFounded in 2004 by Rick Platt, Sky Zone is the world's first indoor trampoline park. The wall-to-wall indoor park offers excitement and adventure to people of all ages, with over 150 franchises across the U.S. and around the world.
Who owns Sky Zone San Diego?
Jim Bellino - OwnerJim Bellino - Owner at Sky Zone - Orange County, California, United States | LinkedIn.
How much money would it take to build a trampoline park?
How Much Does It Cost to Open a Trampoline Park? Initial costs to build a trampoline park are usually high because they require a custom-built trampoline court. According to the IATP, it requires an average initial investment of $1.2 million to $1.8 million to open a trampoline park.
Who is the CEO of Sky Zone?
Jeff Platt (2004–)Sky Zone / CEO
Why did Sky Zone shut down?
“Due to growing industry-wide trends of rapidly increasing costs and significantly diminished availability of insurance for trampoline parks, Funlab has regrettably decided to close its Sky Zone venues,” Funlab chief executive Michael Schrieber said in the statement.
Where is the biggest Sky Zone?
Sky Zone at Liberty Tree Mall will be the country's largest indoor trampoline park to date. The facility has over 43,000 square-feet, and of that, over 29,000 square-feet of jumping space, according to Downie.
How many sky zones are there in the world?
Sky Zone is a chain of 140 trampoline parks in five countries. Inside the parks are a series of wall-to-wall trampoline courts, where you can jump or play games like basketball and dodgeball.
Does Alexis still own Sky Zone?
Alexis Bellino is co-owner of Sky Zone Indoor Trampoline Park in Anaheim along with her husband Jim. Alexis is one of the "Real Housewives of Orange County."
Who owns CircusTrix?
Case LawrenceCircusTrix was founded in October 2011 by Case Lawrence, a former attorney and real estate developer from Fresno, California. Lawrence got the idea for the company after visiting a trampoline park in San Francisco with his children.
How much does it cost to make a trampoline park in India?
As per sources, the start-up investment cost of a trampoline park franchise ranges from Rs 2-5 crore. For opening a trampoline park franchise, one requires an area of 8000 sq ft, which can also go up to 15,000 sq ft. While one can expect a return on investment of 30%, the payback period comprises around 18 months.
How much does it cost to set up a trampoline park UK?
What will my park cost? The cost will depend on a range of factors, from the size of the park to the types of trampolines you choose. Most parks cost £150 - £200 per square metre to fit out, not including the building itself, or ancillary costs such as catering equipment.
How much does a Sky Zone franchise make?
Typically, franchise profits are proportionate to the size of investment. We can help you figure out how much money you can make by reviewing your personal situation. Please unlock this franchise for more information.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
How long is Sky Zone training?
You and your key managers will receive both classroom and on-the-job training in Los Angeles for approximately one week . You will also receive three days of on-site training at your own location around the time of your opening. A Franchise Performance Coach is assigned to your location to provide ongoing support and training. You will have access to the Sky Zone trademarks, approved suppliers, the Confidential Operations Manual, and our exclusive equipment and operational tools. We provide:
Who made the Sky Zone?
Sky Zone is the creator of the world's first all-trampoline, walled playing courts, designed by top engineers, welders and carpenters. It's a concept so unique, it was awarded a U.S. Patent (#5,624,122).
When did Sky Zone Indoor Trampoline Park open?
When our affiliate opened the first Sky Zone Indoor Trampoline Park in 2004 (then known as SkyMania Fun Center in Las Vegas), we didn't just launch a business, we launched an industry! Since then we have opened over 30 parks across the U.S. and Canada and have enjoyed SOARING media coverage, awards, and tremendous popularity as we revolutionize a brand new way to move! Today, we continue to look for forward thinking franchise partners who want a business, lifestyle and career centered on 'ACTIVE FUN!'
How long does it take to get franchisees to train at Sky Zone?
The initial training program will take place at one of the franchisor’s certified Sky Zone Training Parks and will last anywhere from seven to 21 days. The franchisor will, at its expense, also provide on-site, opening assistance, consisting of at least one to two persons, for a minimum period of five days at the park's location when it opens. The franchisor may also provide refresher programs to experienced managers. These programs are not mandatory at this time, but may be in the future.
Who is the franchisor of Sky Zone?
Franchise Description: The franchisor is Sky Zone Franchise Group, LLC. The franchisor sells franchises to operate Sky Zone Indoor Trampoline Parks that offer all trampoline walled playing fields to be used for sports, fitness and recreational activities, as well as other family entertainment attractions that franchisor designates or authorizes.
What is a protected territory in a franchise agreement?
Territory Granted: The Franchise Agreement grants to franchisees the right to own and operate a park at a specific location. Franchisees will receive a protected territory, except for the circumstances set forth in the FDD. The territory will be delineated at the time franchisees sign their Franchise Agreement and shall be based on zip codes or metes and bounds or other territory delineations the franchisor may utilize. Typically, but not in all cases, each protected territory granted under a Franchise Agreement will encompass a population of 150,000 people.
What are the obligations of a franchisee?
Obligations and Restrictions: Franchisees (or their responsible person) agree to personally manage and operate the franchise and will not, without the franchisor’s prior written consent, delegate their (or their responsible person’s) authority and responsibility with respect to management and operation.
How long does a franchisor have to be at a park?
The franchisor will, at its expense, also provide on-site, opening assistance, consisting of at least one to two persons, for a minimum period of five days at the park's location when it opens. The franchisor may also provide refresher programs to experienced managers.
How much does a franchisor charge per day?
Currently, the franchisor reserves the right to charge $500 per day. Currently, the franchisor reserves the right to charge $500 per day. The franchisor’s costs and expenses of the audit, including salaries, professional fees, travel, meals and lodging, plus any understated amount with interest.
How long is a franchise agreement?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. A successor franchise may be granted for a period of 10 years if franchisees meet the franchisor’s conditions.
Who owns the Sky Zone?
Franchise owner Rusty Saunders, who also owns a Sky Zone in Queensbury, New York, said that the Clifton Park location’s opening was delayed because DCG Development, which owns the mall, was waiting for Payless ShoeSource to move or close in order to fit the 25,000-square-foot trampoline park in the shopping center.
Who is the president of Sky Zone?
5. Jeff Platt , president of Sky Zone, said, “As a Los Angeles-based company, being a part of the Rose Bowl Parade is a truly unique and unforgettable way to announce our first Sky Zone at sea, which will provide guests of all ages an opportunity to experience ‘wall to wall aerial action’ aboard the amazing new Carnival Panorama.”
How many franchisee parks are open in 2018?
Part 1 of this Item discloses revenue and expense information for certain franchisee-owned parks that were open from January 1, 2018 through December 31, 2018 (the “Measurement Period”). The results from a total of 103 (70%) of the 148 USA franchisee-owned parks that were open and operating over the Measurement Period are disclosed in Part 1 of this Item.
How many outlets are there at the end of the year?
Outlets at the End of the Year: 136
Is jumper capacity tied to square footage?
Jumper capacity is often tied to the overall square footage of the park but, in certain cases, utilization of the space may enable variations in jumper capacity.
Is Sky Zone open for government employees?
6. In mid-January 2019, Sky Zone invited federal government employees and their immediate families to their local participating park for free fun and active play. Sky Zone made the offer as a way to provide some much-needed fun to those affected by the long government shutdown. To enjoy this offer, valid government identification was required.
