Opening an Urban Air franchise offers the exciting prospect of both financial independence and a fulfilling purpose. By providing a safe and engaging environment for children to play, exercise, and connect with others, you’ll be contributing positively to your community. While the Urban Air team provides comprehensive guidance and support, your ultimate earning potential hinges on your dedication and business acumen.
To provide insight into the financial aspects of owning a trampoline park franchise, here’s an overview based on information extracted from the Urban Air Adventure Parks Franchise Disclosure Document (FDD). For a detailed examination of the FDD, contact the team to begin the process.
Gross Sales Performance of Franchised 2.0 and 2.5 Parks (Fiscal Year 2023)
The data below showcases the annual gross sales achieved by Urban Air franchises during the 2023 fiscal year. It’s important to remember that these figures represent gross sales, not profit, and do not account for expenses.
- Average Gross Sales* (2.0 Parks): $5,254,695
- Average Gross Sales* (2.5 Parks): $4,381,993
- Maximum Gross Sale* (2.0 Park): $14,180,181
- Maximum Gross Sale* (2.5 Park): $7,443,102
Understanding the Numbers: Factors Influencing Franchise Profitability
While the gross sales figures provide a glimpse into the potential revenue of an Urban Air franchise, it’s crucial to understand the factors that influence overall profitability. These factors include:
- Location: The demographics and economic conditions of your chosen location significantly impact customer traffic and revenue.
- Operating Costs: Rent, utilities, staffing, insurance, and marketing expenses all contribute to your overall operating costs.
- Management Efficiency: Effective management of inventory, labor, and marketing efforts can optimize profitability.
- Local Competition: The presence of other entertainment venues in your area can affect market share and pricing strategies.
- Franchise Type: As seen in the sales data above, the park size can impact revenue. Urban Air 2.0 and 2.5 parks have different footprints and attraction offerings.
Breaking Down the Costs: What to Expect in Urban Air Franchise Investment
Beyond understanding potential revenue, grasping the investment involved in starting an Urban Air franchise is crucial. Here’s a broad overview of common costs:
- Franchise Fee: A one-time fee paid to Urban Air for the right to operate under their brand. This often covers initial training and support.
- Real Estate & Construction: Leasing or purchasing land, building construction or renovation to fit the Urban Air park model.
- Equipment & Attractions: Purchasing and installing all the necessary attractions, trampolines, climbing walls, and other park features.
- Inventory & Supplies: Initial stock of food, beverages, merchandise, and other supplies needed for day-to-day operation.
- Marketing & Advertising: Pre-opening marketing campaigns to build awareness and generate interest in your park.
- Working Capital: Funds available to cover operational expenses like payroll, utilities, and marketing during the early stages of operation before the franchise becomes profitable.
Taking the Next Step: How Much Does an Urban Air Franchise Cost?
The exact cost of opening an Urban Air franchise varies based on a number of factors. Reaching out to the Urban Air franchise team will offer the most accurate and up-to-date details.
Disclaimer: All financial information presented is for information purposes only and subject to the Urban Air Adventure Parks 2024 franchise disclosure document (the “FDD”). Please refer to Item 19 of the FDD for a complete financial performance representation. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. Gross Sales,” as used in the FDD, means the dollar aggregate of: (1) the sales price of all products, services, memberships, food, beverages, merchandise and other items sold, and the charges for all services you perform, whether made for cash, on credit or otherwise, without reserve or deduction for inability or failure to collect, including sales and services (A) originating at the franchised business premises even if delivery or performance is made offsite from the franchised business premises (including without limitation sales for access to Attractions within your Adventure after school programs, camps and other services offered to guests of the Adventure Park, food and beverage sales, retail sales and membership fees), (B) placed by mail, facsimile, telephone, the internet and similar means if received or filled at or from the franchised business premises, and (C) that you in the normal and customary course of your operations would credit or attribute to the operation of the franchised business; and (2) all monies, trade value or other things of value that you receive from franchised business operations at, in, or from the franchised business premises that are not expressly excluded from Gross Sales. Gross Sales does not include: (1) the exchange of merchandise between franchised businesses (if you operate multiple franchises) if the exchanges are made solely for the convenient operation of your business and not for the purpose of depriving us of the benefit of a sale that otherwise would have been made at, in, on or from the franchised business premises; (2) returns to shippers, vendors, or manufacturers; (3) sales of fixtures or furniture (excluding the Attractions) after being used in the conduct of the franchised business; (4) the sale of gift certificates, stored value cards and loyalty program benefits (the redemption value will be included in Gross Sales at the time of redemption); (5) insurance proceeds; (6) sales to employees at a discount (provided such discounts will not exceed 1.5% of Gross Sales during any reporting period); (7) cash or credit refunds for transactions included within Gross Sales (limited, however, to the selling price of merchandise returned by the purchaser and accepted by you); (8) the amount of any city, county, state or federal sales, luxury or excise tax on such sales that is both (A) added to the selling price or absorbed therein and (B) paid to the taxing authority; and (9) tips and gratuities. Gross Sales figures does not reflect the cost of sales, operating expenses, rent/real estate or other costs or expenses that must be deducted from the Gross Sales figures to obtain your net income or profit.
