Signing out of account, Standby...
- 2023 Franchise 500 Rank
N/R Not ranked last year
- Initial investment
$1.9M - $4.5M
- Units as of 2022
23 23% over 3 years
Here’s what you need to know if you’re interested in opening a Launch Entertainment franchise.
Founded in 2012, Launch Trampoline Park is a service-based business specializing in providing indoor fun for children and adults. It is an ideal location for adventure for the whole family and fun events. They are a player in the family entertainment industry.
The first Launch Trampoline Park locations opened in 2012 in Warwick, Rhode Island, and Hartford, Connecticut. After experiencing success, the co-founders, Rob Arnold and Ty Law, offered franchise opportunities after replicating and fine-tuning the processes. They began franchising in 2013 and there are now over 25 locations throughout the United States. A Launch Trampoline Park offers exciting adventures such as the cliffhanger, battle pit, the trampoline courts, the Krave restaurant, fury laser tag, and dodgeball.
Why You May Want to Start a Launch Trampoline Park Franchise
As a franchisee, you are expected to understand and implement the proven business system and offer your clients fun in an exciting, safe space with various types of activities and adventures. Launch Trampoline Park may have access to some of the lowest insurance rates in the industry because they have very good safety procedures.
Launch Trampoline Park offers franchisees comprehensive training and operational and marketing support. It is also an excellent place to work because they have a great culture that is fun-inspired, positive, and forward-thinking. You may impact your community by giving customers a space to be adventurous and have fun as a family.
What Might Make a Launch Trampoline Park Franchise a Good Choice?
Launch Trampoline Park franchisees may get all the support they need to succeed from the in-house graphics team, to the real estate team, to the marketing and social media team. The locations usually have tens of thousands of visitors annually.
Launch Trampoline Park produces in-house manufacturing of its attractions and trampoline equipment. This may help provide replacement parts and keep the costs low for franchisees while ensuring room for flexibility, innovation, and custom requirements.
Franchisees may be able to diversify their offerings by doing things such as hosting birthday parties and other social events, offering competitive prices, merchandise, an arcade, a Krave pizza restaurant, and locker rentals. By offering memorable experiences, you can gain repeat business.
How To Open a Launch Trampoline Park Franchise
As you decide if opening a Launch Trampoline Park franchise is the right move for you, make sure you take time to explore the opportunity. Research the brand and your local area to see if a Launch Trampoline Park franchise would do well in your community. While competition is healthy, too much of it may not allow for the most possible growth.
Before making any financial commitment or signing an agreement, you must perform your due diligence and establish if this is the right opportunity for you. As part of your due diligence, you may want to speak to existing franchisees and ask the Launch Trampoline Park franchising team questions.
Before you launch your Launch Trampoline Park, you will undergo an extensive training program. After you sign the franchise agreement, it will take multiple months for you to open your outlet.
About Launch Entertainment
- Rob Arnold, CEO
- Corporate Address
920 Bald Hill Rd., #B
Warwick, RI 02886
- Franchising Since
- 2013 (10 years)
- # of employees at HQ
- Where seeking
This company is offering new franchisees throughout the US.
This company is offering new franchisees worldwide.
- # of Units
- 23 (as of 2022)
Information for Franchisees
Here’s what you need to know if you’re interested in opening a Launch Entertainment 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
Definition: The initial fee paid to a franchisor to join their system
What you need to know: Found in Item 5 of the FDD, this may be a flat fee, or may vary based on territory size, experience, or other factors.The franchise fee is an up-front (one-time) cost that a new franchisee pays to the franchisor. This fee is usually due at the signing of the franchise agreement and covers the right to use the franchisor's trademarks, name, and related business systems.
- Initial Investment
- $1,899,900 - $4,524,500
Definition: The total amount necessary to begin operation of the franchise
What you need to know: The initial investment includes the franchise fee, along with other startup expenses such as real estate, equipment, supplies, business licenses, and working capital. This is outlined in a chart in Item 7 of the FDD, showing a range of possible costs from low to high.
- Net Worth Requirement
Definition: The minimum net worth you must have in order to qualify to become a franchisee of this company
What you need to know: Net worth is the value of a person's assets minus liabilities. Assets include cash, stocks, retirement accounts, and real estate. Liabilities include items like mortgages, car payments, and credit card debt.
- Cash Requirement
Definition: The minimum liquid capital you must have available in order to qualify to become a franchisee of this company.
- Royalty Fee
Definition: A ongoing fee paid to the franchisor on a regular basis.
What you need to know: Most franchisors require franchisees to pay an ongoing royalty fee, which is detailed in Item 6 of the FDD. This fee is typically a percentage of weekly or monthly gross sales, but may also be a flat weekly, monthly, or annual fee.
- Ad Royalty Fee
Definition: An going fee paid to the franchisor on a regular basis to support advertising or marketing efforts.
What you need to know: This may also be called advertising fee, marketing fee, brand fund fee, and more, but the basic purpose is the same-- to support promotion of the brand systemwide. As with the royalty fee, it is detailed in Item 6 of the FDD, and can be a percentage of weekly or monthly gross sales or a weekly, monthly, or annual fee.
- Term of Agreement
- 10 years
Definition: The length of time your franchise agreement will last.
What you need to know: Franchise terms are typically anywhere from 5 to 20 years in length, but are sometimes instead dependent on factors such as the term of your lease. Once your term is up, you may have the option to renew your agreement, typically for a smaller fee than the original franchise fee.
- Is franchise term renewable?
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
- Third Party Financing
- Launch Entertainment has relationships with third-party sources which offer financing to cover the following: franchise fee, 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
- 105 hours
- Classroom Training
- 55 hours
- Ongoing Support
Purchasing Co-opsNewsletterMeetings & ConventionsToll-Free LineGrand OpeningOnline SupportSecurity & Safety ProceduresLease NegotiationField OperationsSite SelectionProprietary SoftwareFranchisee Intranet Platform
- Marketing Support
Co-op AdvertisingAd TemplatesNational MediaRegional AdvertisingSocial MediaSEOWebsite DevelopmentEmail MarketingLoyalty Program/App
Additional details about running this franchise.
- Is absentee ownership allowed?
Definition: Absentee ownership means that the franchisee does not actively work in the franchise business or manage day-to-day operations.
- Can this franchise be run from home/mobile unit?
Definition: The business can be run from your home and/or a vehicle, and it is not necessary to have a retail facility, office space, or warehouse.
- Can this franchise be run part time?
Definition: This business can be run by the owner on a part-time basis (less than 40 hours per week) and/or as a side business; it is not necessary for the business to be open/run full-time.
- Are exclusive territories available?
Definition: An exclusive territory is a fixed area in which you are given the right to operate and in which no other units of the same franchise may be opened.
What you need to know: Territory size may be based on factors such as radius, population size, zip codes, and more. Details can be found in Item 12 of the FDD.
Interested in ownership opportunities like Launch Entertainment? Request a free consultation with a Franchise Advisor now.
Franchise 500 Ranking History
Compare where Launch Entertainment landed on this year’s Franchise 500 Ranking versus previous years.
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