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Entrepreneur: Start & Grow Your Business

BounceU

Children's entertainment facility

Background

Founded: 2003 Franchising since: 2004
916 E. Baseline Rd., #225
Mesa, Arizona 85204
Phone:
(866)632-6370


Franchisor is a privately-held company with 15 employee(s); 3 employee(s) in franchise department.

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2008 43 0 0 0
2007 19 0 0 2
2006 11 0 0 2
2005 2 0 0 2

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Vermont, Washington, Wisconsin, West virginia, Wyoming

Exclusive territories available.
Territory size: 80,000 children under 18

Costs and Fees

Total investment: $126.7K-624.9K
Franchise fee: $40K
Ongoing royalty fee: 6%
Term of agreement: 10 years, renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No Yes
Equipment No Yes
Inventory No Yes
Accounts Receivable No Yes
Payroll No No

Qualifications
Net worth requirement: $450K
Cash liquidity requirement: $75K
Business Experience:
  • General business experience

Operations
  • 40% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 20
  • Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Training and Support

Training
  • Available at headquarters: 4 days
  • At franchisee's location: 2 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising