The franchise fee, building expenses, equipment purchases, and inventory all come under the $1.1 million to $2.4 million initial investment range for an Altitude franchise. However, a number of variables, like the franchise’s location and facility size, can affect this number. Additionally, the franchisor demands a minimum net worth of $2 million and $500k in liquid assets.
For individuals who are interested in the industry, altitude trampoline parks are a fantastic investment because they provide a distinctive entertainment experience. The franchise is a well-liked place for families, business groups, and parties since it offers a variety of activities like trampolines, foam pits, and obstacle courses. The success of Altitude franchises has been aided by the rising popularity of trampoline parks.
Curt Skallerup is the proprietor of Altitude Trampoline Park. In 2012, he started the business, and since then, he has expanded it into a prosperous franchise with sites both domestically and abroad. The price can also differ based on the franchise if you’re interested in buying a bouncing franchise. The initial outlay for a Bounce franchise, though, may be anywhere between $350,000 and $2 million. Investors frequently choose Bounce trampoline parks because they provide similar activities to Altitude, like trampolines and obstacle courses.
Location, facility size, and equipment are all important considerations when estimating the cost of creating a trampoline park. A trampoline park can be built for anywhere between $500,000 and $2 million or more. It’s significant to remember that this sum includes the price of the land, the building, the tools, and the inventory.
In conclusion, for people with an interest in the entertainment sector, owning an Altitude franchise can be a profitable investment. But before making a choice, you must take into account the upfront cost and continuing costs. The chance to invest in a franchise like Altitude or Bounce can be attractive given the rising popularity of trampoline parks.
Finding a reliable trampoline park or facility in your neighborhood that offers open jump times or beginner classes is the first step in learning to trampoline. You might also think about getting a trampoline for your backyard, but you must make sure it is installed properly and correctly. When you first get access to a trampoline, it is advised to begin with simple jumps and progressively advance to more complex tricks under the direction of a qualified instructor or seasoned trampolinist. Additionally, it’s crucial to warm up properly and utilize appropriate safety gear, such as a helmet and non-slip socks.