1. I'd Like to Start a Trampoline Park, How Do I Start?
Are you thinking of starting your own trampoline park? Bettaplay as an indoor trampoline park manufacturer and franchise, we love to help our clients realize their trampoline park business dream. We've created a 10-step guides to on how to start a trampoline park. You will find information about each phase in the process of trampoline park construction.
1). Do Some Research on Your Target Market
2). Learn about Estimate Cost and Revenue
3). Create a Business Plan for Trampoline Park
4). Learn about Local Permits and Licenses
5). Choose an Ideal Location for Trampoline Park
6). Choose a Right Trampoline Park Manufacturer
7). Design Your Trampoline Park
8). Produce and Install Trampoline Park
9). Start Marketing and Promotion
10). Launch and Run your Trampoline Park Business
2.Who is the target market?
An indoor trampoline park business’ ideal customer is a family that has active children and discretionary income. Trampolines are a fun way for kids to burn off some energy while having fun, and a family with discretionary income can afford to bring kids to the trampoline park.
3. How Long Does It Take to Build a Trampoline Park?
The project time to build a trampoline park depends on the size of your park. Generally it takes around 3-4 months to get
the facility ready for your trampoline park business.
4. What Should I Offer to Request A Trampoline Park Design for My Building?
You probably cannot wait to request a customized trampoline park design once you've found a suitable building for your park business. Bettaplay as a trampoline park manufacturer and franchise brand, our designers have been receiving design assignments from clients all over the world. In order to work out a perfect trampoline park design proposal tailored for your space together, at the very beginning we would request some detailed information about your space before jumping into the design phase.
5.How Long Can I Expect a Return On My Investment On Trampoline Park?
Many investors wonder about the length of time to see a return on investment as starting an indoor trampoline park requires a high cost of investment. Many factors would affect the time length, but as per our experience, our clients in China can expect a return on their investment within 6-12 months approximately on average, which is similar to the data according to the International Association of Trampoline Parks (IATP).
6.How can you make your business more profitable?
An indoor trampoline park business can increase its profitability by adding concessions and other forms of entertainment. Transforming a facility that’s exclusively dedicated to trampolines into one that’s a trampoline-focused family entertainment venue can double guests’ time in the park and increase revenue by as much as $1 million annually.
7.How much profit can an indoor trampoline park make?
While the startup costs for an indoor trampoline park are high, so is the profit potential. One trampoline park in California has a gross revenue of $2 million and a profit margin of 39 percent -- which equates to an annual profit of $780,000. A business owner who opened a park in New Jersey expected a profit margin of 25 percent.