How Much Does It Cost To Rent A Trampoline Park
Updated May 19, 2019.
Detailed Estimates of Sky Zone Indoor Trampoline Parks Franchise Costs Based on Item 7 (Estimated Initial Investment) of Sky Zone's 2019 Franchise Disclosure Certificate
xv,000 Square Feet
1. Initial Franchise Fee (including Deposit): $60,000
2. Lease and Security Deposits: $21,000 to $47,250
- The platonic size of your Park for 2 or more Playing Fields should range betwixt 15,000 and xxx,000 foursquare feet.
- In most cases, the landlord will require a security and/or rental deposit. Usually, the landlord will crave you to pay the equivalent of at to the lowest degree one month'due south rent.
- This item represents one calendar month'southward rent as a security eolith and your first month'due south rent.
- The low range in each table represents the least expensive eolith for a Park of the size described in the applicable Nautical chart, and the high range is the almost expensive deposit for a Park of that size.
- The initial investment assumes y'all will hire the bounds for your Park. If you purchase the property, your initial expenses volition dramatically increment.
three. Leasehold Improvements/Builder: $448,800 to $633,000
- When a site has been selected by you and approved by Sky Zone in writing, you will select a licensed architect that meets Sky Zone's standards or has been approved past it who will provide you with a preliminary layout and suggestions for the pattern of a typical Park and then a total set of pattern plans. You will pay for the local builder's services directly.
- This too includes the cost of a chain link fence and entrance platforms around the courts which can exist installed by a local contractor.
- The cost of structure, improvements, or building varies widely by the size of the space, the existing improvements, and local structure rates.
- Sometimes you may receive a structure assart from the landlord and if so, the costs may exist reduced appropriately.
four. Signage: $30,325 to $33,881
5. Playing Fields: $427,195 to $452,423
- The low range includes the cost of two Playing Fields (1 large courtroom and i Toddler/Dodge ball court) and ane attraction, while the high range includes the costs of 3 or more Playing Fields and at to the lowest degree 1 attraction, including installation, labor, aircraft and treatment, insurance, engineering, replacement parts, and taxation.
- These costs can fluctuate based on the square footage of each Playing Field and costs of steel and oil.
- You must buy the Playing Fields and the installation from Sky Zone or its affiliates.
- The cost of the Playing Fields does non include the archway platforms.
vi. Piece of furniture/Fixtures: $22,969 to $30,318
- This range includes furniture, storage racks, lockers, kiosk, displays, slat wall, and line dividers. You must buy these items from approved suppliers. This range assumes that these items being purchased are new and the costs include installation.
vii. Figurer Software License and Hardware: $26,104 to $42,864
- Included in this range are the costs of the POS System, register, and the network. The number of reckoner stations and certain additional extra equipment will determine the amount of this Particular.
- The low range assumes you volition finance the POS System and the high range assumes y'all will pay the entire price of the POS System which will include the additional figurer stations and other additional equipment.
- Yous must purchase the designated POS package, and all the necessary modules that come up with the program, from Sky Zone'south vendor.
eight. Equipment and Supplies: $122,963 to $124,516
- These amounts represent the audio visual system, TVs, clocks, concession equipment and supplies, cleaning supplies and equipment, commencement aid equipment, filming and photography equipment, telephone arrangement, video surveillance camera arrangement/security organization, shoe security organization, radios, and uniforms.
- All of the costs assume these items are new and include whatsoever installation that is required.
ix. Licenses, Dues, Utility Deposits, etc.: $3,000 to $6,000
10. Inventory: $25,439
- These amounts correspond the cost of your inventory including key tags, stickers, various trade, party favors and supplies, wristbands, SkySocks, merchandise, concessions, and uniforms. $13,849 to $fourteen,029 is payable to Heaven Zone.
11. Travel Expenses/Pre-Opening Salaries: $28,535 to $32,535
12. Professional Fees: $4,000 to $12,000
13. Insurance Deposit: $15,500 to $16,300
- These amounts represent a 2-month eolith of the annual premium for the required insurance. Many insurance companies will require you to pay this amount earlier opening and permit you lot to pay the rest in monthly payments for an additional 10 months. Typically, the almanac premiums will range from $50,000 to $140,000 depending on the size of your Park.
- For your liability insurance, you must use Heaven Zone'south approved supplier of insurance.
14. Additional Funds – 3 Months: $twoscore,000 to $80,000
- This item estimates your initial startup expenses during the initial menstruum of the performance of your Park, which Sky Zone estimates to be 3 months.
- These expenses include hire, payroll costs, benefits, utilities, additional inventory requirements, supplies, advertizing, and marketing costs after the first month the Park is open up, etc., but practice not include Royalty Fees and Advertisement Fees and do not include an owner's salary or draw or whatever expenses that are listed above.
- The figures are estimates and you may take additional expenses to commencement the business.
15. Grand Opening Advertising: $25,000
- You lot must spend a minimum of $25,000 for grand opening advertising and sales promotions for your Park. You must spend half of the yard opening advertizement amount before you open your Park and the remainder in the offset month your Park is in functioning.
16. Total: $1,300,829 to $1,621,526
- These figures were based on the experience of Sky Zone's affiliates operating Sky Zone Indoor Trampoline Parks since 2001, as well as sure figures/estimates Heaven Zone has compiled regarding certain franchisee openings since 2004.
20,000 Square Feet
- The total estimated initial investment necessary to brainstorm operation of a Sky Zone Indoor Trampoline Park of this size ranges from $one,484,415 to $1,970,029.
25,000 Square Feet
- The total estimated initial investment necessary to begin operation of a Heaven Zone Indoor Trampoline Park of this size ranges from $1,669,680 to $2,566,166.
30,000 Foursquare Anxiety
- The total estimated initial investment necessary to begin performance of a Sky Zone Indoor Trampoline Park of this size ranges from $2,001,314 to $2,765,428.
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Source: https://www.franchisechatter.com/2014/08/21/franchise-costs-detailed-estimates-of-sky-zone-indoor-trampoline-parks-franchise-costs-2014-fdd/
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