- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$366K - $790K
- Units as of 2015
-
128
Company Overview
About Pump It Up
| Industry | Children's Businesses |
|---|---|
| Related Categories | Miscellaneous Children's Businesses, Party/Event Services |
| Founded | 2000 |
| Leadership | Lee Knowlton, CEO |
| Corporate Address |
1860 W. University Dr., #108 Tempe, AZ 85281 |
| Social | Facebook, Twitter |
Business Overview
| Franchising Since | 2001 (24 years) |
|---|---|
| # of employees at HQ | 40 |
| Where seeking |
This company is offering new franchises worldwide. |
| # of Units | 128 (as of 2015) |
|
|
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Pump It Up 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
|
$30,000 |
|---|---|
|
Initial Investment
|
$366,250 - $790,000 |
|
Net Worth Requirement
|
$500,000 |
|
Cash Requirement
|
$200,000 |
|
Veteran Incentives
|
25% 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 | Pump It Up offers in-house financing to cover the following: equipment |
|---|---|
| Third Party Financing | Pump It Up has relationships with third-party sources which offer financing to cover the following: startup costs, equipment, inventory |
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 | 5 days |
|---|---|
| Classroom Training | 8 days |
| Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Security & Safety Procedures
Field Operations
|
| Marketing Support |
Co-op Advertising
Ad Templates
|
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 |
| # of employees required to run | 20 |
|
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Pump It Up landed on this year's Franchise 500 Ranking versus previous years.
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