Giving yourself the franchise business opportunity of your dreams will have you living out the reality that you envision for yourself. And although not every franchise opportunity is made equally, there is always at least one business that will catch your eye and your heart.
There has never been a better time to purchase a new business. Especially one that offers people the chance to exercise and have fun all in one place. It’s not only a fun place for random days of enjoyment, but they also hold gatherings, events, and birthday parties.
And with this company, you can feel at ease knowing that they have a franchise opportunity that’s cutting edge and fresh. And it also provides a lot of benefits that will make you feel proud to be an owner of this business.
However, there are a few other things that you have to consider before choosing this company as your new franchise business. In fact, there may even be a couple of factors that make you change your mind entirely. But let’s not get too far ahead of ourselves. How about we take a look at the details of this company so that you have a better understanding of what it is?
Then you can make your decision based off of true facts and honest opinion. Rather than jumping into the opportunity without the proper knowledge.
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The Rockin’ Jump Experience
Sure there are tons of gyms and fitness centers around to help you maintain a healthy lifestyle. But are you even having fun? Probably not. Rockin’ Jump puts the fun back into fitness and gets kids moving too. Ditch the stairclimbers and other machines then get in your car and go to the nearest Rockin’ Jump center.
It’s much more fun to stay active when you are jumping into pools of foam and playing dodgeball on a trampoline.
Heck, do some flips and somersaults while you’re at it. Everyone is encouraged to have a blast while staying active at this facility. And it honestly couldn’t be any more fun.
They are the go-to place for kid parties and private events. Let the kids play and burn off some energy while burning off the sugary food and cake from the party. Let the kids be kids. Heck, let yourself be a kid again.
Safety and fun guaranteed.
Sure, there are many trampoline parks around. But do they truly compare to everything that Rockin’ Jump has to offer? I think not. But don’t just take my word for it. Check it out for yourself.
But if you are missing this facility in your area, why not open one up by yourself? You can easily franchise this business to bring fun and fitness to the people in your community. Trust me. They will thank you!
But what’s this whole franchise opportunity about and how does it work? Well, let’s check that out.
Franchise Details and Growth
There’s never been a better time than now to franchise a business. But how do you exactly go about doing it? And how can you tell if the franchise business opportunity is actually worth your investment?
It’s not always easy. But when you check out a few of the facts and details on the previous franchises, you can easily compare and contrast the information to see if it is indeed a good opportunity. One of the first things that you want to take a look at is the growth of the business.
If a business hasn’t seen much growth over the past few years then it could indicate that there isn’t much popularity with this company. But it can also mean that it’s a more ground-level opportunity. But let’s take a look at some of these statistics.
Since the beginning of the franchise opportunity for Rockin’ Jump in 2013, they have definitely experienced some level of growth. While it’s not much, it’s still increased from what it was. By the end of 2015, there was a total of 19 franchise locations that were operating. This is a pretty decent jump from zero within two years.
Next, we take a look at the turnover rate. The turnover rate is calculated by adding up the total of terminations, ceased operations, transfers, and non-renewals then dividing it by the total number of operating franchises. The good news is that this company has a 0% turnover rate between the years 2014 and 2015.
Now, that could be a good indicator that this company is in good health. However, it could also mean that it’s in poor health depending on the reasoning. But since there were only 19 franchises that were operating at the end of 2015, I would say that this 0% turnover rate is actually pretty good.
And maybe they have been experiencing this amount of growth because of the fact that they offer a decent amount of benefits. One of these benefits includes the amount of financial transparency that they’re willing to provide to their franchise owners.
As a franchise owner for Rockin’ Jump, you will receive information on specific individual locations, data on detailed expenses, systemwide average revenue information, and the sales numbers from locations that are owned by the company.
This is a very good amount of financial transparency. Especially considering that not every company is willing to share this much information.
But let’s check out some of the requirements and fees that you’ll be expected to pay as a franchise owner. You can then decide if this truly is worth your investment or just a waste of your time and money.
Requirements and Expectations
When it comes to the fees for this company, it’s pretty much average. But when we take a look at the total investment, it gets pretty costly. Take a look at these numbers.
The initial franchise fee for Rockin’ Jump is $50,000. That fee will be due at the signing of your 10-year term agreement. There is a possibility to renew for another 10 years at a time. However, the cost of renewal is currently unknown.
Here is where it starts to get pricey.
Your total investment for this business can be anywhere from $1,113,500 to $2,497,000. I know. Now we’re talking millions. But remember, it’s going to depend on your specific location along with a few other factors that go into this investment cost.
There are also ongoing fees that must be paid to the company based on your gross revenue. And it will have to be paid for the entire term agreement. There be a 6% royalty fee and a 1% advertising fee. These fees are just about average for this industry.
But here is some good news. Once you sign up as a franchise owner for Rockin’ Jump, you receive the territorial rights to your franchise location. And you will also receive proper training that will show you the ropes of the business. Which will then come in handy when it comes time to train your own employees. So, see, it’s not all bad.
Concluding the Review
There are many things to consider when you start researching franchises. but the main question is, do you feel passionate about this industry and the company? Do you feel compelled to purchase this franchise? Does it meet your expectations? Ok, I know. That was more than just one question. But I had to ask.
If you’re looking for a way to get the people in your community healthy and active while having fun, this company is going to give you that opportunity. This franchise business is one that you can feel proud to own and confident in knowing that you are making a difference in people’s lives.
But just because you’re passionate about this industry and the company doesn’t necessarily mean that the opportunity is a good one for you. In fact, you may just want to be a visitor at this facility since it’s so much fun. And it may not work for your personal business views.
But in all honesty, I think that this ground-level opportunity would be a good chance for new entrepreneurs and experienced entrepreneurs.
If you feel that this is a good fit for your life, contact Rockin’ Jump to get the details on how to apply for a franchise business with them.