How much does a urban air adventure park franchise cost?
What Does a Urban Air Adventure Park Franchise Cost? To buy a franchise with Urban Air Adventure Park, you'll need to have at least $500,000 in liquid capital and a minimum net worth of $1,000,000. Franchisees can expect to make a total investment of $2,277,750 - $2,956,765.
Why urban air?
Why Urban Air? Urban Air is the world's largest indoor adventure park with 160+ open parks & 180+ in development. Our remote ownership allows over 50% of our franchisees to own multiple parks in markets other than their home market. Over 5 million icees sold annually.
Are there any urban air parks in North America?
With Urban Air Adventure Parks throughout North America, adventurous play and active entertainment are waiting for you just a short trip away. Try Something New. Something Bold. Something Challenging. Try Something New.
What can you do at urban air?
At Urban Air, your mini warriors can conquer obstacles, show gravity who’s boss, and have a blast seven days a week. Plan a day they’ll never forget. Choose your adventures and get ready to fly. Let ‘em soar more and pay less for endless play with a monthly membership. This park is temporarily closed. Get Ready to…
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How much does a Urban Air franchise cost?
The lowest you can expect to invest is $2,793,750 if you want to become a franchisee. The most you would expect to invest in a Urban Air Trampoline Parks location is $5,935,655. New franchisees pay Urban Air Trampoline Parks a franchise fee of $75,000.
How much does it cost to invest in Urban Air?
Based on Urban Air's 2021 Franchise Disclosure Document (FDD) item 7, the typical initial investment for a new Urban Air Adventure Park ranges from from $2,771,750 to $4,332,280 (Park 2.0) and $4,384,000 to $5,935,655 (Park 2.5). This amount includes the initial franchise fee of $75,000.
Who is Urban Air owned by?
Unleashed BrandsGlobal Franchise One of the best examples of this is Unleashed Brands: the parent company of Urban Air Adventure Park, Snapology, and Little Gym, which was founded by Michael Browning in July. With a goal to help kids “Learn.
Is altitude a franchise?
Altitude Trampoline Park offers both owner-operator and semi-absentee franchise models, which includes options that do not require franchise partners to live in the territory they wish to develop.
Is urban air a good franchise?
Ranked No. 46 overall and No. 1 among entertainment franchises on Entrepreneur Magazine's 2022 Franchise 500 list, Urban Air continues to solidify itself as the first and leading indoor family adventure park franchise in the United States.
Is urban air publicly traded?
Blade Completes Business Combination Becoming the First Publicly Traded Urban Air Mobility Company. NEW YORK--(BUSINESS WIRE)-- BLADE Urban Air Mobility, Inc., a technology-powered air mobility company, today announced the completion of its business combination with Experience Investment Corp.
How many urban air locations are there?
Urban Air Adventure Park is the nation's preeminent indoor theme park with more than 200 locations open or under development, across the country.
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.
How long has urban air been around?
Urban Air was founded in 2011 and began franchising in 2015/2016, he said. Franchises cost $2.5 million for a “regular” park, and then with digital attractions that number reaches $3 million. In 2019, he said 80 percent of locations opened were owned by existing franchisees wanting to add a park.
Who founded Altitude Trampoline Park?
Jeff Rutten -Jeff Rutten - Company Owner - Altitude Trampoline Parks | LinkedIn.
What is the meaning of altitude in physics?
Altitude, like elevation, is the distance above sea level. Areas are often considered "high-altitude" if they reach at least 2,400 meters (8,000 feet) into the atmosphere.
Who created urban air?
Michael BrowningMichael Browning, 36, started a company designing websites while still in high school. In 2011, he started Urban Air, an indoor-adventure-park franchise. This is how he grew it and branched out in the pandemic, as told to Chris Stokel-Walker.
Who owns urban air in Mcdonough?
Jonathan Spindler, owner of Urban Air Adventure Park on Ninga Warrior Course. Jonathan Spindler's brother died in a terrorist attack in Kenya. Now the former COO and captain of a drilling ship is moving to Georgia to open five Urban Air Adventure Park franchises.
Where was Urban Air founded?
Urban Air was an aircraft manufacturer based in the Czech Republic. The company was a manufacturer of light sport and ultralight aircraft and employed 40 people. The company was founded in 1998 by five partners.
How do I cancel my urban air membership?
YOU MAY NOT CANCEL YOUR MEMBERSHIP DURING THE 12-MONTH INITIAL TERM EXCEPT AS PROVIDED HEREIN. After your 12-month Initial Term, you may cancel your membership at any time online at www.urbanairmembership.com.
How long is a franchise agreement?
10 years. Definition: The length of time your franchise agreement will last. What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease.
What is franchising fee?
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
Do franchisors have in-house financing?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
Urban Air Adventure Park Franchise Opportunities
Urban Air Adventure Park franchise is one of the largest chains of indoor adventure parks in the world. It was ranked № 1 entertainment business by Entrepreneur Magazine. The first park was opened in 2011 and immediately received a lot of loyal visitors due to a very successful concept.
How to open an Urban Air franchise?
Ensure you have adequate capitalization. In order to open the Urban Air Adventure Park entertainment centers franchise, you must have a net worth of $1,500,000.
How much does an URBAN AIR TRAMPOLINE & ADVENTURE PARK franchise make?
Franchise revenue depends on a wide range of factors, as does profit. How much money you can make from any franchise depends on a number of specific factors such as franchise location, labor costs, commercial lease rates and a number of other factors . Unlock this franchise for franchise-specific data and insight.
How many franchise locations do they have?
As of the 2021 Franchise Disclosure Document, there are 149 franchised URBAN AIR TRAMPOLINE & ADVENTURE PARK locations in the USA.
What does it mean to find the best franchise?
Finding the best franchise means comparing several brands to determine the ideal fit for you.
Is Urban Air a franchise?
URBAN AIR TRAMPOLINE & ADVENTURE PARK is a Franchise Grade Made The Grade™ franchise, which means it's ranked highly by our analysts!
What is urban air?
Urban Air is an Adventure Park offering safe, fun, clean and affordable attractions to a wide range of customers. Urban Air will work with you to design an Adventure Park that meets your vision, building requirements and market demands.
What is Urban Air Adventure Park?
The Urban Air Adventure Park opportunity represents an exceptional offering in the exploding trampoline park industry. The Franchise offers you the comfort and support of a successful trampoline park operator along with the brand protection and marketing expertise that license and consulting programs cannot provide.
How long does a franchise last?
Term of Agreement and Renewal: The length of the initial franchise term is 10 years. If requirements are met, franchisees can renew for one additional term of 10 years.
Is Urban Air Adventure Park a cooperative?
Centers owned by Urban Air Adventure Park and its affiliates are also members of their respective local Cooperative and each company-owned Center has the same voting rights as the franchised locations within the Cooperative. If the company-owned Centers comprise the majority of a given Cooperative, the maximum and minimum fees for that Cooperative will be consistent with the range stated in this Item 6.
Is Urban Air a family entertainment center?
Noted as one of the fastest growing family entertainment centers in the world, Urban Air continues to rack up accolades across board.
Does Urban Air Adventure Park have to reimburse?
Please note that you must reimburse Urban Air Adventure Park if it is held liable for claims arising out of your franchise operations.
