Bounce Party Entertainment Center Franchise
Tuesday, April 27, 2010 at 09:31PM Private party entertainment center
An Incredible, Inflatable Experience, Bounce Party is a fun, safe, supervised indoor arena featuring eight great interactive inflatable structures that create a party experience you and your guests will never forget.
Bounce Party is an ideal venue for any event where the goal is simply to have fun in a memorable PRIVATE party setting.
The idea for the development of Bounce Party Entertainment Center became conceptualized in early 2003 by Bob and Karen Pero. Our desire was to create a party environment that removed any work or worry for the guests. We desired to create a facility where parents could play with their children in a fun and active way. We also desired to create a facility where teens and adults could be comfortable in a private environment being a "kid" again. We knew we did not want to have any video type equipment…just good old-fashioned play!
Start-up Costs & Franchises Fees
What is the total cost to open a Bounce Party Entertainment Center Franchises?
Total Cost: $152,500-$273,500
Total Franchise Fees: $20,000 USD
Ongoing Royalty Fees: 4-6%
Ongoing Advertising Fees:
Term of Agreement: 10 years
Franchise Agreement Renewal Fee: $1.5K
Contact Information for Bounce Party Entertainment Center
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Bounce Party Entertainment Center |
Phone Number: (616)656-3220 |
Historical Expansion
In what year did Bounce Party Entertainment Center begin operations? 2003
When did Bounce Party Entertainment Center begin selling franchises? 2004
Year United States Canada International Corporate 2005 1 0 0 1 2004 1 0 0 1 2003 Not Available Not Available Not Available 1 2002 Not Available Not Available Not Available Not Available 2001 Not Available Not Available Not Available Not Available
Franchise Financing Information
Cost In House Financing Available? 3rd Party Financing Available? Franchise Fee No No Initial Start-up Capital No No Plant, Property, and Equipment No No Inventory No No Accounts Receivable No No Payroll No No
Training & Support
Support
In the Pressletter, Meetings, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, Ad slicks
Franchise Operation Restrictions
0% of all franchise business owners own more than one franchise location.Number of employees needed to run franchised unit: 14 - 20
Absentee ownership of franchise is allowed. (100% of current franchise business owners are owner/operators)
Qualifications & Business Experience
Business Experience:
General business experience Customer service experience
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes