Franchise FAQ

is skyzone a franchise

by Tamara Marks Jr. Published 2 years ago Updated 1 year ago
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How much money do you need to buy a Sky Zone franchise?

What is Sky Zone?

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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.

What is the most profitable franchise?

Top 14 Most Profitable FranchisesMcDonald's. Units in operation: 39,360. ... Dunkin Donuts. Units in operation: 12,800. ... Taco Bell. Units in operation 12,800. ... Subway Franchise. Offers Financing: Yes. ... Anytime Fitness Franchise. Units in operation: 4,904. ... Sonic. Royalty: 2.5% - 5.0% ... Planet Fitness. Royalty 7.0% ... Orangetheory Fitness.More items...

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.

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.

Which franchise is the cheapest to own?

12 best low-cost franchises for aspiring business ownersCruise Planners. Franchise fee: $10,995. ... Fit4Mom. Franchise fee: $5,495 to $10,495. ... Chem-Dry. Franchise fee: $23,500. ... Jazzercise. Franchise fee: $1,250. ... Stratus Building Solutions. ... SuperGlass Windshield Repair. ... Mosquito Squad. ... Pillar to Post Home Inspectors.More items...•

What is the most profitable franchise to own in 2022?

Most Profitable FranchisesDunkin'7-Eleven.Planet Fitness.JAN-PRO.Taco Bell.Orangetheory Fitness.Great Clips.Mac Tools.More items...•

Who is the CEO of Sky Zone?

Jeff Platt (2004–)Sky Zone / CEO

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."

How much is bounce franchise?

A qualified franchise will need between $1,678,000 and $2,954,000 to properly fund the development of a Bounce!

How many Sky Zone locations are there?

200+ Locations - Find one Near You.

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.

What is replacing Sky Zone Alexandria?

Many will recognize the location of the new Adrenaline Family Adventure Park because the site at 10080 E. 121st St.

Which franchise is best in 2022?

Franchises provide a strong corporate and management framework, plus marketing, merchandising and production support....Bluevine Business CheckingDunkin' ... Anytime Fitness. ... Planet Fitness. ... Orangetheory Fitness. ... Primrose Schools. ... Kiddie Academy. ... Kumon Math and Reading Centers. ... Ace Hardware.More items...•

Which is the best franchise to own in USA?

Top 100 Franchises 2022RankNameCountry1KFCUnited States of America27-ElevenUnited States of America3McDonald'sUnited States of America4Marriott InternationalUnited States of America16 more rows

Do franchise owners make money?

Franchise Business Review found that the average annual pre-tax income of franchise owners in America is $80,000. Only 7% of franchise owners make more than $250,000 annually, and 51% earn less than $50,000. Legally, franchisors cannot give income amounts or forecasts of future income.

How much does a 7/11 franchise owner make?

The estimated base pay is $82,642 per year. The estimated additional pay is $58,474 per year. Additional pay could include bonus, stock, commission, profit sharing or tips.

Sky Zone Cost - In 2022 - The Pricer

Alec Pow is a thorough and methodical Financial and Business Analyst with over 15 years of experience in financial statement analysis, Foreign exchange derivative hedging instruments analysis, modeling, and risk management, with a long history of writing for big news publications like Forbes, MSN.com, Washington Post, and many more.

Skyzone Prices - PriceListo

Disclaimer: PriceListo gathers actual pricing information from sources such as on-site visits, business websites, and phone interviews. The prices reported on this webpage derive from one or more of those sources. Naturally, the prices reported on this website may not be current, and may not apply to all locations of a given business brand.

Start a Sky Zone Franchise in 2022 - Entrepreneur

Founded 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 ...

How much money do you need to buy a Sky Zone franchise?

To buy a franchise with Sky Zone, you'll need to have at least $500,000 in liquid capital and a minimum net worth of $1,800,000. Franchisees can expect to make a total investment of $1,300,000 - $2,600,000. They also offer financing via 3rd party. *. Request Free Information.

What is Sky Zone?

Whether it’s a birthday party, an afternoon pickup game of Ultimate Dodgeball, a charity event, or just a day out with the family, Sky Zone is a place to gather with friends, family, and community. We provide ways for people to play together, as well as spaces for parents and non-jumpers to enjoy themselves while keeping an eye on the action.

Company Overview

In 2004, SkyMania Fun Center opened in Las Vegas. The name was later changed to Sky Zone Indoor Trampoline Park and the company began franchising in 2009. Each location offers a trampoline-lined playing court where customers can come for walk-in "open jump" times as well as parties, dodgeball tournaments, fitness classes and other events.

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Sky Zone franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

Franchise 500 Ranking History

Compare where Sky Zone landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Sky Zone ranked on other franchise lists? Find out below.

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.

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.

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.

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 much money do you need to buy a Sky Zone franchise?

To buy a franchise with Sky Zone, you'll need to have at least $500,000 in liquid capital and a minimum net worth of $1,800,000. Franchisees can expect to make a total investment of $1,300,000 - $2,600,000. They also offer financing via 3rd party. *. Request Free Information.

What is Sky Zone?

Whether it’s a birthday party, an afternoon pickup game of Ultimate Dodgeball, a charity event, or just a day out with the family, Sky Zone is a place to gather with friends, family, and community. We provide ways for people to play together, as well as spaces for parents and non-jumpers to enjoy themselves while keeping an eye on the action.

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