A trampoline park business is under the amusement and theme park industry and businesses in this industry operate mechanical rides, trampoline parks, water rides, games, shows, themed exhibits, refreshment stands, and other attractions.

It is important to state that companies in this industry may also lease space for parties and other shows on a contract basis. Available data shows that the global trampoline park market is projected to be USD 1,778.1 Mn in 2022 to reach USD 5,637.8 million by 2032 at a CAGR of 13.1%. The United States has more than 600 trampoline parks.

Steps on How to Start a Trampoline Park Business

  1. Conduct Market Research

If you are considering starting a trampoline park business, you would need reliable market research to be able to maximize profits from the business. The first step in the market research process for your trampoline park business should be to develop market-based research questions in line with your overall business goal and objective.

In this regard, you should source information that will help you maximize your business, data that will give you reliable information on what your potential market will be looking out for from trampoline parks and also help you operate your trampoline park business with less stress and of course, build the business to profitability.

a. Who is the Target Market for Trampoline Park Business?

Modern trampoline parks offer entertainment and an opportunity for exercise and active leisure for adults, teens, children, and families. The majority of parks are aimed at children, but they are increasingly being focused on other target groups.

b. Is Trampoline Park Business a Profitable Business?

Yes, the trampoline park business is quite profitable. Available data shows that an average trampoline park business can make around $240,000 (USD) and above per year.

c. Are There Existing Niches in the Industry?

Yes, there are existing niches when it comes to trampoline park businesses and they are;

  • Indoor trampoline park
  • Outdoor trampoline park
d. Who are the Major Competitors?
  • Sky Zone Indoor Trampoline Park
  • Abenteuerland Trampoline Park
  • Helium Trampoline Park
  • Maxx Arena Trampoline Park
  • Get Air Trampoline Parks
  • Trixs Leiderdrop Trampoline Park
  • Cyber ​​Jump Trampoline Park
  • Free Fall Trampoline Park
  • Hop Arena Trampoline Center
  • AirMaxx Trampoline Park
  • Urban Jump Trampoline Park
  • Altitude Trampoline Park
  • Flight Trampoline Park
  • Rockin’ Jump
  • Big Air Trampoline Park.
  • Bounce! Trampoline Sports
  • Launch Trampoline Park
  • Bounce! Trampoline Sports Franchise
e. Are There County or State Regulations or Zoning Laws for Trampoline Park Business?

Zoning laws require trampoline park facility operators to follow specific rules and regulations. Please note that in many communities, zoning laws require trampoline park facilities to apply for a permit from the city.

This application process allows the city’s zoning department to determine whether the trampoline park meets the zoning rules of the community. Permits also ensure that all trampoline park facilities are properly licensed by county or state agencies.

f. Is There a Franchise for Trampoline Park Business?

Yes, there are franchise opportunities for the trampoline park business. Here are some of them;

  • Launch Trampoline Park
  • Sky Zone Indoor Trampoline Park
  • Urban Air Adventure Park
  • Bounce! Trampoline Sports Franchise
  • AirTime Trampoline & Game Park
  • Altitude Trampoline Park
  • Flight Trampoline Park
  • Helium Trampoline
  • Rockin’ Jump
  • Big Air Trampoline Park.
g. What Do You Need to Start a Trampoline Park Business?
  • A Feasibility Report
  • Business and Marketing Plans
  • Business Licenses and Permits
  • A Well-Equipped and Secured Trampoline Park
  • Insurance
  • EIN (Employer Identification Number) / Federal Tax ID Number.
  • A Corporate Bank Account
  • Employees
  • Operational Capital (For Ongoing Expenses)
  1. Choose a Memorable Business Name

When looking to start a business, before you can begin to file the necessary documents with the constituted authorities or start your website, it is necessary that you come up with a name that you will be recognized with. It is essential that the name you come up with can easily be pronounced, is unique and easily memorable.

Some of the catchy business name ideas suitable for a trampoline park business are;

Creative Trampoline Park Business Name ideas
  • Green Network© Trampoline & Game Park, Inc.
  • Next Level® Trampoline Park, LLC
  • Future Solutions® Trampoline & Game Park, Inc.
  • Jump Land® Trampoline Park, Inc.
  • Bob King™ Trampoline Park, Inc.
  • Lush Green™ Trampoline & Game Park, LLC.
  • Nile Division© Trampoline & Game Park, LLC
  • Mount Camel® Trampoline & Game Park, Inc.
  • Sony Star© Trampoline & Game Park, Inc.
  • Jump Ahead© Trampoline & Game Park, Inc.
  • Dray Danton® Trampoline & Game Park, LLC
  • Park House® Trampoline & Game Park, LLC
  • Latitude Connect™ Trampoline Park, LLC
  • First Port© Trampoline Park, Inc.
  • Pantex Chap® Trampoline Park, Inc.
  • Power House™ Trampoline Park, Inc.
  • Speed Link™ Trampoline & Game Park, Inc.
  • Laneways Best© Trampoline & Game Park, Inc.
  • Fresh Nest® Trampoline & Game Park, Inc.
  • Rover Street™ Trampoline & Game Park, Inc.
  1. Register Your Business

a. What Type of Business Structure is Best for Trampoline Park Business?

When it comes to the business structure of a trampoline park business, the one that most players in this line of business consider is an LLC. It is common to consider an LLC because providers want to protect themselves from lawsuits. Please note that an LLC will need an EIN if it has any employees or if it will be required to file any of the excise tax forms listed below.

b. Steps to Form an LLC
  • Choose a Name for Your LLC.
  • File Articles of Organization.
  • Choose a registered agent.
  • Decide on member vs. manager management.
  • Create an LLC operating agreement.
  • Comply with other tax and regulatory requirements.
  • File annual reports.
c. What Type of License is Needed to Open a Trampoline Park Business?
  • General Business License
  • Zonal Permits
  • Signage Permit
  • Operational State Facility Inspections for your facility
d. What Type of Certification is Needed to Start Trampoline Park Business?

You don’t need any certifications to start a trampoline park business.

e. What Documents are Needed to Open Trampoline Park Business?
  • DBA
  • EIN
  • Business and liability insurance
  • Federal Tax Payer’s ID
  • State Permit and Building Approval (For your trampoline park)
  • Certificate of Incorporation
  • Business License
  • Business Plan
  • Employment Agreement (offer letters)
  • Operating Agreement for LLCs
  • Insurance Policy
  • Online Terms of Use
  • Online Privacy Policy Document
  • Contract Document
  • Company Bylaws
  • Memorandum of Understanding (MoU)
f. Do You Need a Trademark, Copyright, or Patent?

If you are considering starting a trampoline park business, usually you may not have any need to file for intellectual property protection or trademark.

  1. Cost Analysis and Budgeting

a. How Much Does It Cost to Start a Trampoline Park Business?

A trampoline park business will cost from $750,000 – $1.8 million to start, and that can easily go higher depending on your overall business goals and objectives.

b. What are the Cost Involved in Starting Trampoline Park Business?
  • Business Registration Fees – $750.
  • Legal expenses for obtaining licenses and permits – $7,300.
  • Marketing, Branding and Promotions – $5,000.
  • Insurance – $5,400.
  • Rent/Lease – $250,000.
  • Other start-up expenses include commercial satellite TV subscriptions, stationery ($500), and phone and utility deposits ($2,800).
  • Operational Cost (salaries of employees, payments of bills et al) – $30,000
  • Store Equipment (cash register, security, ventilation, signage) – $4,750
  • Furnishing and Equipping (Trampolines) – $220,000
  • Website: $600
  • Opening party: $3,000
  • Miscellaneous – $2,500
c. What Factors Determine the Cost of Opening a Trampoline Park Business?
  • The size of the trampoline park business
  • The choice of location
  • The required licenses and permits
  • The cost for branding, promotion, and marketing of the trampoline park business
  • The cost of furnishing and equipping the trampoline park business
  • The cost of the insurance policy covers
  • The cost of registering the business
  • Cost of recruiting and training your staff
  • The cost for the purchase and customizing of uniforms
  • The cost of the grand opening of the trampoline park business
d. Do You Need to Build a Facility? If YES, How Much Will It Cost?

Yes, it is compulsory to build a new facility for your trampoline park business, and it will cost you a minimum of $550,000.

e. What are the Ongoing Expenses of Trampoline Park Business?
  • Utility bills (internet subscriptions, phone bills, signage, and software renewal fees et al)
  • Salaries of employees
  • Maintenance
  • Insurance
  • Marketing costs
f. What is the Average Salary of your Staff?
  • Chief Executive Officer (Owner) – $55,000 per year
  • Trampoline Park Facility Manager – $38,000 per year
  • Accountant / Cashier – $34,0000
  • Marketing and Sales Officer – $32,000 per year
  • Attendants (5) – $30,000 per year
  • Customer Care Executive / Front Desk Officer – $23,396 per year
  • Cleaners – $18,000 per year
  • Security Officers – $21,150 per year
g. How Do You Get Funding to Start a Trampoline Park Business?
  • Raising money from personal savings and sale of personal stocks and properties
  • Raising money from investors and business partners
  • Sell shares to interested investors
  • Applying for a loan from your bank/banks
  • Pitching your business idea and applying for business grants and seed funding from the government, donor organizations, and angel investors
  • Source for soft loans from your family members and friends.
  1. Write a Business Plan

a. Executive Summary

Fantasies World® Trampoline Park, Inc. is a standard outdoor trampoline park that will be located in a growing community in Silver Spring, Maryland. We have been able to secure a standard indoor facility in a central location in Silver Spring, Maryland.

Our location offers a trampoline-lined playing court where customers can come for jump times as well as parties, dodgeball tournaments, foam pits, dodgeball courts, trampoline basketball fitness classes, and other events. We can have standard wall-to-wall trampoline pits that measure much larger than any outdoor trampoline.

b. Products and Service
  • Operating outdoor trampoline-lined playing court where customers can come for jump times as well as parties, dodgeball tournaments, foam pits, trampoline basketball fitness classes, and other events
  • Operating varieties of ride-on toys for children
  • Child care services
  • Amusement and recreational services
  • Food and drinks court
c. Mission Statement

Our mission for establishing Fantasies World® Trampoline Park, Inc. is to become an innovative leader in the family entertainment industry. We bring new and exciting attractions to our locations, focusing on guest experience and promoting positive, forward-thinking company culture.

Vision Statement

Our vision is to build a world-class outdoor trampoline park that is going to be a place where families make memories together in a safe, fun, clean, and affordable environment.

d. Goals and Objectives

The goals and objectives of the trampoline park business are to provide a safe and secured recreational facility for children and adults.

e. Organizational Structure
  • Chief Executive Officer (Owner)
  • Trampoline Park Facility Manager
  • Accountant / Cashier
  • Marketing and Sales Officer
  • Attendants (5)
  • Customer Care Executive/Front Desk Officer
  • Cleaners
  • Security Officers

Marketing Plan

a. SWOT Analysis
Strength:
  • Ideal Location for trampoline park facility
  • Highly Experienced and Qualified Employees and Management
  • Availability of additional entertainment service offerings
  • Highly Secured and Clean Facility
  • Excellent operational history
Weakness:
  • Not enough existing clientele to run at full capacity immediately
  • The owner is new to large-scale marketing
  • We will need a loan to build our facility
  • The owner is currently running the business solo
  • Lack of economies of scale.
Opportunities:
  • A growing number of families in our location
  • Build upon existing clientele
  • Online market, new services, new technology, and of course the opening of new markets
  • Favorable government policies.
Threat:
  • Loans diminish profitability until they are paid off
  • The first year will be financially tight while we gain customers and pay off loans
  • Competition in the area could increase
  • Management of employees requires time, money, and efforts
  • Economic downturn; when the economy is bad it affects consumer spending which in turn impacts businesses negatively.
b. How Do Trampoline Park Businesses Make Money?

Trampoline park businesses make money by;

  • Operating outdoor trampoline-lined playing courts
  • Operating varieties of ride-on toys for children
  • Child care services
  • Amusement and recreational services
  • Food and drinks court.
c. Payment Options
  • Payment via on-the-counter bank transfer
  • Payment with cash
  • Payment via credit cards
  • Payment via online bank transfer
  • Payment via check
  • Payment via mobile money transfer
d. Sales & Advertising Strategies
  • Introduce your trampoline park by sending introductory letters to schools, households, and other stakeholders in and around your city
  • Open your trampoline park with a party to capture the attention of residents
  • Advertise your trampoline park on national dailies, local TV, and local radio stations
  • Promote your trampoline park online via your official website and all available social media platforms
  • Hire the services of experts to make your brands the first choice in your city
  • Make your first impression count positively
  • Make use of attractive handbills to create awareness and also to give direction to your trampoline park
  • Adopt a direct mailing coupon marketing approach
  • Position your signage / Flexi banners at strategic places
  • Create a loyalty plan that will enable you to reward your regular customers

Financial Projection

a. How Much Should You Charge for your Service?

The price of trampoline parks differs from park to park and for an hour, the average cost is $10 to $20 for teens.

b. How Much Profit Do Trampoline Park Business Owners Make a Year?

It depends, but the available report shows that on average, a successful trampoline park owner can make from $50,000 to $90,000 a year. A successful trampoline park itself can make well over a hundred thousand dollars depending on its popularity, location, and assets.

c. What Factors Determine the Amount of Profit to Be Made?
  • The capacity of the trampoline park
  • The types of related services and products offerings
  • The location of the trampoline park
  • The management style of the trampoline park
  • The business approach of the trampoline park
  • The advertising and marketing strategies adopted by the trampoline park
  • The number of years the trampoline park is in business
d. What is the Profit Margin of Trampoline Park Business?

The profit margin of a trampoline park business is not fixed. It could range from 15 percent to 25 percent depending on the service offering.

e. What is the Sales Forecast?

Below is the sales forecast for a trampoline park business. It is based on the location of the business and other factors as it relates to such startups in the United States;

  • First Fiscal Year (FY1): $450,000
  • Second Fiscal Year (FY2): $750,000
  • Third Fiscal Year (FY3): $1 million
  1. Set Up your Shop/Office

a. How Do You Choose a Perfect Location for Trampoline Park Business?
  • The demography of the location especially as it relates to the number of children and families
  • The purchasing power of businesses and the residents of the location
  • Accessibility of the location
  • The number of trampoline parks and other family entertainment facilities in the location
  • The local laws and regulations in the community/state
  • Traffic, parking and security et al
b. What State and City are Best to Open Trampoline Park Business?
  • Paso Robles, California
  • Grand Island, New York
  • Canyonville, Oregon
  • Cedar City, Utah
  • Long Beach, Washington
  • Dandridge, Tennessee
  • Mountain Home, Idaho
  • Custer, South Dakota
  • Theodore, Alabama
  • Roswell, New Mexico
c. What Equipment is Needed to Operate Trampoline Park Business?

You should be prepared to purchase trampolines, safety gadgets et al. You will also need computers and laptops, an internet facility, telephone, fax machine, and office furniture (chairs, tables, and shelves) amongst others and all these can be gotten as fairly used.

  1. Hire Employees

When it comes to hiring employees for a standard trampoline park, you should make plans to hire a competent chief executive officer (you can occupy this position), facility manager, marketing and sales executive (business developer), accountant, attendants, cleaners, and security officers.

  1. Launch the Business Proper

No trampoline park opens its door for business without first organizing an opening party to officially launch the business. You can choose to do a soft opening party if you are operating on a low budget or you can go for a grand opening party.

The bottom line is that with a proper launching of the trampoline park business, you will officially inform people in your city that your trampoline park is open for business.

a. What Makes Trampoline Park Businesses Successful?
  • Choose a good and secured location to launch the business
  • Make use of reliable trampolines
  • Hire only competent, hardworking, and trustworthy staff
  • Throw an open house grand party before opening the trampoline park business
  • Be deliberate with your marketing sales approach
  • Encourage the use of word of mouth to promote your trampoline park business
  • Leverage all available online and offline platforms to promote your trampoline park business
b. What Happens During a Typical Day at Trampoline Park Business?
  • The facility is open for the day
  • Administrative work is done concurrently
  • The facility is cleaned, arranged, and ready to welcome patrons
  • The trampolines are properly positioned and ready for use
  • Service points are activated and ready to serve customers
  • Maintenance of the facility is carried out
  • The facility is administratively closed for the day.
c. What Skills and Experience Do You Need to Build Trampoline Park Business?
  • Good facility management skills
  • Customer services skills
  • Interpersonal skill
  • Business management skills
  • Bargaining skill
  • Work experience in the family entertainment and park industry
  • Experience in managing people
  • Experience in business administration.