Costs and Investments in Trampoline Park Business
Initial costs to open a trampoline park average $1.2 million to $1.8 million. Parks in commercial areas often succeed. Location impacts costs. Rent varies based on area desirability. Profitability depends on investment size and customer volume.
What are the costs involved in starting a trampoline park business? Business registration fees cost $750. Legal expenses for licenses and permits cost $7,300. Trampoline equipment is the most significant expense. Costs range from $100,000 to $1,500,000. The wide range depends on location, park size, and trampoline equipment. The bulk of the cost comes from the trampoline equipment itself.
How much does it cost to build a trampoline park? To build an 18,000 square foot park with 17 foot ceilings costs $750,000 to $1.8 million. With extra gaming facilities, expenses increase. Ongoing operation expenses must also be considered like insurance, audio/visual equipment, security systems, concessions inventory, office furniture, and marketing.
Benefits of Investing in Trampoline Park Business
Are trampoline parks good investment?
The answer is yes, trampoline parks and their franchise can be very profitable. A trampoline park may earn more than $1 million every year. But the exact answer depends on your business plan, investment, location, facilities, and a few more things. And you should also keep in mind the break-even period of your investment.
You may be wondering about what are the benefits of trampoline park investment, what draw people to catch the good business opportunity to invest in trampoline park. Let’s look at some advantages or benefits of investing in trampoline park business:
- A Wide Range of Target Customers for Trampoline Park Investment.
- Continuous Revenue Generation with Late Investment.
- Increased Profits and Repeat Customers.
- Ability for Modular Design and Trend Adaptation.
- High Profit Potential Compared to Startup Costs.
Trampoline Park Owner’s Earnings
How much does a trampoline park owner make?
Initial costs to open a trampoline park average $1.2 million to $1.8 million. Profitability depends on investment size and customer volume.
To build an 18,000 square foot park with 17 foot ceilings costs $750,000 to $1.8 million. With extra gaming facilities, expenses increase. A 1,000 square foot park costing around $1 million could recover expenses within 6-12 months. Costs differ given unique situational factors.
The profit potential is more important than the startup costs for an indoor trampoline park. One trampoline park in California has a gross revenue of $2 million and a profit margin of 39 percent.