There’s something about a trampoline park that brings out the inner child of everyone who dares to bounce.
It’s a great source of recreation, entertainment, and physical activity that people of all ages can enjoy.
Over the last 15 years, the trampoline park industry has exploded across the United States and even some international countries.
Sky Zone has been a leader in the industry with their massive expansion and high visitor counts, and instrumental in the growth of trampoline parks worldwide.
Sky Zone was one of the first trampoline parks to open in the United States.
While each location can feature different attractions, most of them feature large, open trampolines for freestyle jumping, basketball hoops so visitors can practice their slam dunks, bouncy dodgeball courts, and foam pits for performing flips and acrobatics.
With several types of activities, Sky Zone has something for everyone.
Contents
From Failed Pro Sports League to Successful Family Entertainment
In 2004, Rick Platt had an idea for a new professional sport that combined gymnastics and basketball. The sport would feature trampolines, hoops that rotate, and acrobatic-type movements in mid-air.
He spent $2 million dollars creating trampoline arena that measured a staggering 17,000 square feet in Las Vegas. After failing to generate interest in the new sport, Platt decided to open the arena up to the public.
He had heard that local skateboarders were interested in taking a turn on his huge trampolines, so he opened the doors and charged $8 per person to play.
After only 6 months of being open to the public, the trampoline arena had served over 10,000 guests. Their first year of business generated over $400,00 in revenue. It was clear that the trampoline park was a potential gold mine.
While attending Washington University in St. Louis, Platt’s son, Jeff, opened a similar trampoline park near campus that quickly drew crowds.
The new park was able to turn a profit after only 6 weeks of operation. This was the beginning of the explosive growth Sky Zone would experience throughout the next two decades.
Five years after first opening, in 2009, Sky Zone began selling franchises. Since then, they have opened 150 franchised locations, and have continued to open corporate-owned stores.
They appear to be on a mission for world-wide coverage and are making impressive progress very quickly.
In 2012, Sky Zone, along with other leaders in the trampoline park industry, created the International Association of Trampoline Parks (IATP).
As a founding entity, they are driven to promote the ideals and values of the association, while remaining an authority for the industry. IATP, as an organization, exists to encourage safe practices and successful business procedures to promote the trampoline park industry as a whole.
How to Join the Team
Opening a Sky Zone franchise location is no small feat. These trampoline parks require a big space and a lot of specialty trampolines and equipment.
Before you can even think about going trampoline shopping, you will need to obtain a license from the Sky Zone. This license will allow you to operate under the Sky Zone name, as well as provide you with direction regarding the trampoline park business.
As a leader in the industry, they know the ins and the outs and have the brand recognition to boost your park to atmospheric heights. Purchasing a license will cost you $60,000.
This sounds like a lot, but when you consider the high profitability of trampoline parks, it becomes more bearable.
The initial license period lasts for 10 years. If the franchisee remains in good standing with Sky Zone, and chooses to do so, they are eligible to renew their license for 10 additional years.
The total amount of start-up capital you will need to open a Sky Zone location will vary considerably, depending on where in the world it will be located, but it estimated that you will need between $1,343,000 and $2,795,000.
A space large enough to house the expansive park will cost a considerable amount, whether leased or purchased. Once space is secured, the Sky Zone-approved trampolines and equipment will also have to be purchased and installed, the building and business will have to be insured, and staff will have to be hired. All of these items rack up a rather large bill pretty quickly.
Sky Zone has some qualifications in mind for their ideal franchise partner. They are looking for owners who have experience in the retail, entertainment, and leisure markets.
They want people who are both experienced and interested in providing fun to their customers. When operating an entertainment venue, having the proper attitude makes all the difference in presenting an enjoyable experience.
Customers will catch on if the franchise owner is all about business bottom lines and not about providing a good time.
Franchise Performance
Finding a fun franchise opportunity does not necessarily equate with a successful one. Choosing a brand that has a positive reputation, as well as a good financial track record is important for the potential owner.
A franchise that goes out of business doesn’t do any good to either owner or customer.
Sky Zone has a history of incredible successes and appears to be destined for even more. Their average franchise location brings in $2 million in sales annually and hosts roughly 1,000 visitors per day.
With steady numbers like these, Sky Zone franchisees should feel confident in their location’s ability to remain lucrative.
Sky Zone has been growing at a rapid pace since they have opened themselves up to franchising. Their current net growth rate is 147, which is approximately one and a half times the average franchise growth rate of 97.
Coupling that with a low average turnover rate of 3.1, and Sky Zone’s franchise system appears to be a picture of health. They are growing at an incredible rate, while also maintaining the locations that are already open.
Costs of Maintaining a Franchise Location
Operating a Sky Zone location can be an expensive venture. Even though the brand pulls in millions of dollars per year, there are still some high costs associated with the operation.
Aside from building costs associated with the physical operation of the park, there are costs for staffing the location, stocking inventory for the snack bar, and insuring the business. Also, there are financial responsibilities to the franchisor.
Sky Zone charges its franchisees royalty fees of 6 percent of gross sales for the use of the name, logo, and model. They also charge 2 percent in advertising fees. These rates are in line with the national averages for franchise royalty and advertising fees.
Making the Superior Choice
There are several choices for leisure and entertainment franchises to purchase from, including other trampoline parks. What makes Sky Zone stand out from the crowd is their commitment to safety and success.
As a founding member of IATP, they had a hand in writing the regulations that exist to help keep patrons safe while using trampoline park equipment.
They have over 200 locations, making them the largest trampoline park chain in the world. These two facts alone make them the authority on the business.
Sky Zone is serious about their business and takes every effort to make sure that their franchisees are set up for success. They provide the best training materials to ensure each location is operating up to their standards and keeping the quality reputation of the Sky Zone name.
Keeping their franchised locations operating at the same level as their corporate stores is a big priority for them, to help keep their brand in a positive light with all of their customers.
A perk that is available to some of their franchisees, is discounted insurance rates. It should come as no surprise that insuring a trampoline park is not a cheap undertaking.
With Sky Zone’s innovative safety measures and operating procedures, they are often capable of obtaining insurance policies for their locations at lower rates than other parks.
When running any sort of business, keeping costs down is imperative to remain successful, and every discount helps.
Sky Zone is the original when it comes to trampoline parks. They have the reputation and the cultural presence to stand out and be noticed. With their support systems and superior business model, they are the clear choice for anyone looking to open a trampoline park.
The trampoline park industry itself is increasing at a rapid pace, with the number of parks around the world doubling each year. More and more people are discovering the joys of trampolines and the demand for activities is increasing.
New Sky Zone locations have the potential to be as successful, if not more so, than those that are in operation currently, due to this increased demand.
With their healthy franchise system and popularity, Sky Zone is the obvious choice for potential trampoline park owners. There are countless perks to the Sky Zone name and they are committed to guiding their franchisees to success.
Opting to pursue a license with any other trampoline park company would not come with nearly as much value, even if the overall price may be cheaper. There’s no way to put a price on the training, support, and brand recognition that comes with a Sky Zone franchise license.
How I Earn 6-Figure In A Scalable Online Business By Building Lead Generation Sites In 2019
I’ve been into different businesses over the years. And so far, building a scalable business like the lead generation is the best that I could find. In a franchising business, it requires a large amount (as high as $250,000 + other requirements) and risk.
Apart from the fact it doesn’t require so much from me—apart from my laptop, a good internet connection, and my consistent hard work—it gives me hope of earning the financial freedom it promises.
Why?
I had been in a miserable mundane day job back in 2013, desperate of quitting. Yet, I didn’t have the option until I met my mentor, Dan, who introduced me the new business model.
Although it creates a massive impact on both parties—mine and my clients—it gives me a rare rewarding experience to be of help to other people struggling in their own businesses.
As passionate as I am when it comes to the business (especially sales) industry, I couldn’t help but embrace the business with 100% intention of giving my all to help. This is why I decided to attend the lead generation coaching program and became one of Dan’s original students.
As a result of my hard work for 4 years now, I am earning more or less $50,000 per month, with 88 online properties I own. In each of these lead gen sites under my name, the income keeps rolling. Honestly, I won’t stop there until I become a millionaire at the age of 30. That’s my goal.
Take a look at my first lead gen site for my client in Lansing, MI. I created the site, well-ranked on Google, generating lots of leads and I haven’t touched anything on it since I created it in 2014. But I keep earning $750 monthly from it. So, as of 2019, I earn $36,000 from that client alone.
Is this possible, Ippei?
Yes, it is.
In a franchising business? Possibly.
In a lead generation business? Yes.
If there’s a will, there’s a way.
The reason why the lead generation business is the best option, especially to the beginner entrepreneurs, is because of its long viability. That alone gives the certainty to these new online entrepreneurs the feeling of security when it comes to ROI or Return of Investment.
- Less competition
- Long-term business
- Lots of impact to IBO (consider millions of small-scale businesses around the country)
- Highest profit margin
- Lots of potential clients
- Real passive income (a steady one)
- No hassle of dealing issues on physical goods
- Scalability
There are many—a lot—of small businesses across the US. In fact, according to the US Small Business Administration’s records, there are around 30 million local businesses all over the country. Research shows there are at least 50 niches available today, which gives you an idea of potential customers lurking around online.
However, here’s the problem.
Although the small business owners know their potential customers are on the internet, they don’t know how to connect with them. They spend hundreds of dollars on building their websites and on ineffective Facebook marketing with high hopes of online visibility. Still, they aren’t satisfied with the results.
They actually don’t know what they’re doing.
Besides, they don’t have time to learn the basics of running a website. They’re too busy for that. What they need is the bread and butter only the lead generation business can produce.
Leads.
These leads give them money.
This is what they want from you, from us.
There is less competition in this type of business than doing a typical franchising, although there’s nothing wrong about doing the latter option. Risking a lot of money for a startup is too risky compared to what you have to invest for the lead generation business.
The best reason why this thrives?
It allows you, as a “human lead generator,” to own properties on the web without too much hassle because you won’t deal any physical goods unlike in a franchising business.
You don’t need to keep doing inventory, suppliers, customer complaints, shipping returns, less profit margins, & company pressures from the franchisor).
And these small businesses pay you for the leads you gather with an average of $500 to as high as $2,000 monthly average payment for one lead gen site. That’s $24,000 per year.
This is what our lead generation coaching program is all about. We teach you the EXACT STEPS to succeed as an online entrepreneur with proper training to hone your HIGH-INCOME SKILL and your LASER-FOCUSED FINANCIAL ATTITUDE aligned.
Gaining knowledge about succeeding as an online business owner won’t be enough without practice. You need to possess the level of attitude like those of the High-Income Earners while applying the process to building well-ranked lead gen sites on Google search results.
Why am I highlighting this?
I am not here to encourage you to do an easy, quick-rich scheme. I am here to tell you to earn the income tantamount to the hard work you did, which isn’t possible if you do other businesses other than what I am proposing you. Instead, I guarantee you less initial investment and risk versus the franchising.
Your future success depends on how well you decide your today. It’s your responsibility. Knowing that you possess the skills needed to earn $$$ in a few months, nobody could take that away from you. It’s yours for good.
Go and visit our lead generation coaching program and start to give yourself a chance to live a better life.
You deserve it.