- 2024 Franchise 500 Rank
-
N/R Ranked #355 last year
- Initial investment
-
$1.6M - $2.8M
- Units as of 2023
-
79 6.8% over 3 years
Company Overview
About Altitude Trampoline Park
| Industry | Recreation |
|---|---|
| Related Categories | Adventure Parks/Entertainment Centers |
| Founded | 2013 |
| Parent Company | NRD Capital |
| Leadership | Mike Rotondo, CEO |
| Corporate Address |
12222 Merit Dr., #1300 Dallas, TX 75251 |
| Social | Facebook, Twitter, LinkedIn, YouTube |
Business Overview
| Franchising Since | 2016 (8 years) |
|---|---|
| # of employees at HQ | 21 |
| Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
| # of Units | 79 (as of 2023) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Altitude Trampoline Park 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.
|
Initial Franchise Fee
|
$45,000 |
|---|---|
|
Initial Investment
|
$1,632,899 - $2,767,899 |
|
Net Worth Requirement
|
$1,500,000 - $5,000,000 |
|
Cash Requirement
|
$400,000 - $1,000,000 |
|
Veteran Incentives
|
50% off franchise fee |
|
Royalty Fee
|
6% |
|
Ad Royalty Fee
|
2% |
|
Term of Agreement
|
10 years |
| Is franchise term renewable? | Yes |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
| In-House Financing | Altitude Trampoline Park offers in-house financing to cover the following: franchise fee, startup costs |
|---|---|
| Third Party Financing | Altitude Trampoline Park has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory, accounts receivable, payroll |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
| On-The-Job Training | 20 hours |
|---|---|
| Classroom Training | 20 hours |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
| Marketing Support |
Co-op Advertising
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
| Is absentee ownership allowed? | Yes |
|---|---|
|
Can this franchise be run from home/mobile unit?
|
No |
|
Can this franchise be run part time?
|
No |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Altitude Trampoline Park landed on this year's Franchise 500 Ranking versus previous years.
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