Trampoline park business plan

Frank 'the crank' seninsky | dec 28, 2015 | amusement industry, family entertainment center, trampoline parks | 27 you’re thinking of jump-starting the process of opening your own franchise trampoline park business, you’re in for a wild and exciting ride. To get started planning your new trampoline franchise, it’s important to first develop your knowledge base and fully understand trampoline center dynamics before you take that first small jump forward. Brief history of trampoline trampolining became an official olympic sport in the year 2000, the practice of trampolining has seen a huge vertical jump in popularity. Instead of simply sticking with backyard trampolines, many brave trampoliners have chosen to take the big time giant leap to ‘pay for play’ trampoline centers. These participatory play trampoline centers provide fun, healthy exercise, programmed events, and even competitive dodgeball games, all played on safely designed trampoline jump r, with all of this good news, it is critical to keep in mind that startup opportunity costs are in the low seven figures ($2m-$4m) for an average-size 25,000-35,000 sq. There are a lot of trampoline business franchises on the market, so take a look before deciding on a funding model. This fee may seem high, but a good franchisor can save you tens of thousands of dollars on your buildout costs, attractions budget, training your staff, and marketing your trampoline ng a trampoline park franchise business are several different business plans (business models) in the trampoline park jumping space. There will be roughly 50-60 attached trampolines in the main area, providing about 12,000 square feet for 200-230 jumpers at one time. Jumpers who lose their balance will naturally fall onto an adjacent trampoline or a perimeter cushion, no matter what direction they fall more  putting the pizzazz into ambience…your mission statement and goals, along with your financial, marketing and bulleted action plans must be plotted out logically and thoroughly. The banking industry brags to their colleagues at their own trade shows and seminars about how funny and entertaining self-written business plans are. They actually joke about how many seconds it takes them to file a business plan of this type in the recycle bin. Finally, the financing and marketing plans provide detailed information on specifically how you intend to achieve the mission and goals more critical piece of advice: every single number in your feasibility study must exactly match and be fully supported both internally to the feasibility study and in conjunction with your business plan. This is absolutely necessary if you are serious about obtaining the funding required for your trampoline park business ng your target demographic is critical to study your specific trampoline park demographic market ‘before’ getting started in this process and ‘before’ you start thinking about a business plan. In reality, they may not be as successful as they make out to be if their market is already saturated with trampoline are some of the best practices for getting your ‘educational jumping license’:Google can be your best friend. Enter a specific zip code or state and city, and add “trampoline center” onto the search. Attend the association’s annual convention & trade show and attend every educational seminar networking contacts and groups on linkedin and don’t be afraid to ask silly questions, that in reality are not silly at g your best get started building a new trampoline business, it’s important to first find a good builder with a great reputation and one that is financially solid. For rent+cam (common area maintenance), buildout, and line park builders help you construct custom jump arenas, using licensed contractors, welders, and engineers. One piece of advice: it is not in a builder’s best interest to talk you out of building a trampoline park in a location that may not be the best in terms of long-term profitability. Their responsibility is to build you the best facility, basically wherever you tell them you want to locate your trampoline park. Perspectives from the 2016 season’s g & securing your trampoline park ever even thinking of spending money on building your trampoline center, you absolutely must find the best location you can afford. In fact, a 15% maximum rent+cam is recommended if your projected labor costs are approaching the entertainment center average of 25% of gross line parks usually can keep labor costs 5% below that of family entertainment centers, mainly because the food & beverage labor costs are much lower. This is due to the fact that currently trampoline parks are not focused on food and beverage revenues. This price varies depending on if you’ve chosen a mall retail area, or a warehouse in an industrial park, for example. Be sure to choose at least 25,000 square feet to provide plenty of room for seating, amenities, and potential expansion for a full redemption arcade in the future if one is not already designed into your trampoline-related equipment/attractions take up 50% to over 55% of total facility floor space. The smartest owners/franchisees already know that starting out, or in the near future, they will need the flexibility to morph into a trampoline anchored family entertainment center. This new model can double the length of stay and easily add an additional $1m in revenue to the current trampoline park financial ate a lease that is in your favor including any tenant improvements (ti) that the landlord is willing to provide. Try to get an exclusive on not only trampoline-related activities/attractions, but also on coin/debit card operated amusement games and other attractions. This includes updating the feasibility study, business plan projections and operating costs, including the construction budget. Finally, these drawings will be approved, fabricated, and construction can alternative for starting a trampoline park: purchasing an established you don’t want to deal with building your own brand new trampoline center, you can simply buy an established one.

Even if the business is losing money, if you can buy it at a fraction of the cost, (i can’t help using this phrase) and be jumping for joy and turning a profit within a week of closing on the ps, on the other hand, can take one or more years to show a profit. Starting a trampoline park business is an excellent way to provide a great form of entertainment to your customers. Your business plan should allow for 30-45 employees, or more, depending on future expansion long as you’ve followed most of the above recommendations, you are well on your way to operating a successful long term trampoline park business that should produce a 20+% return on investment (roi). In today’s business economy, that ranks up there with the best small business models. My comment should be taken as being from someone who hasn’t developed a trampoline facility and therefore is speaking from the “peanut gallery. Perhaps tracy sarris, the previous executive director of iatp now coo at best american trampolines and philip howell (president/ceo) will post a guest blog about how best american raises the bar on equipment safety. In my 4 years of experience researching the trampoline park industry, best american trampolines is the “best builder” that everyone is looking for. I have already mentioned this to tracy and she told me, ‘right after the new year’, so let’s not jump the february 6, 2017 at 8:52 , do you know any parks that have been doing the trampolines for a few years? I am currently developing a park in latin america, and was wondering if i could reach out to you for some advice regarding the development november 14, 2016 at 6:22 frank, i am in the same process in spain. Cost effective on time build had everything, we were up and running in 3 november 14, 2016 at 6:21 joe, we will buy a new park in spain. The crank” may 15, 2017 at 3:55 o, i have been to spain many times covering many cities and am quite familiar with the economy and demographics regarding leisure entertainment and trampoline parks. Next week the international association of trampoline parks (iatp) is holding their first international convention in london and i will have two representatives contact me directly at [email protected] or by cell at 732 616 august 30, 2017 at 2:06 february 6, 2017 at 8:51 , we are in pa and thinking of starting a trampoline park. Are you concerned with the trampoline parks getting old and the thrill subsiding after a few years? Had some questions for you about your “the crank” may 15, 2017 at 3:51 , i will contact you directly to answer any questions about trampoline parks and what they need to add to their financial model for long term profitability. September 22, 2016 at 11:09 guys, looking to start a trampoline and activation arena with a number of activities throughout the building. I’m in australia so any help in how to get it off the ground would be october 7, 2016 at 11:06 we are in the process of opening a trampoline park in lebanon beirut we have some questions can we please get your january 28, 2017 at 7:02 february 26, 2017 at 11:40 frank! We here at xtreme trampoline arenas are currently working within the industry to help improve the insurance and safety within the industry. There are so many parks out there and they are starting to overlap in most markets. I’m interested in building one in eastern europe, but i’m little tight in budget, what do you know about chinese manufacturers for trampoline equipment, is it worth to try? Please if you can email july 6, 2017 at 6:56 all, looking into having a indoor trampoline park built in a historical building in a downtown setting. I have found a iaapa certified vendor that has trampolines built in china and shipped to your door. Appreciate the time and your continued efforts to support the extremely frustrated parents (there is very little for kids to do) we are trying to put together a bounce park with a few rock climbing walls in the lower florida keys and my biggest concern is that the only (maybe … possible) avail. Was wondering if you have seen or heard of any (successful) park/s of that size in your travels…. Want to know more about who can provide metal decking walk ways between the trampolines. My dream is to make my own trampoline park of 5000 square foot as that is what is in my budget. I am planning to open an indoor playground in central california and have a few questions if you can kindly help me your comments below cancel ibe to the redemption & fec report the redemption & fec report archives ay party and layout entertainment tions entertainment discount products & new redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # redemption and fec report # trampoline ended: find the perfect business for you with our business ideas the 2000 summer olympics, trampolining became an official olympic sport. Today, there are over 500 parks in just the united states—making this the fastest-growing segment of the out-of-home entertainment industry. As the demand for indoor places to jump continues to grow, the industry is expected to as is this business right for? Who loves people, adventure and having fun may be well-suited for operating an indoor trampoline park business.

These businesses promise guests high-flying adventures and fun activities in an indoor ss owners often also need to either have sizeable savings, decent credit or a business partner who can provide financial capital, because the startup costs for an indoor trampoline park business can be high. A typical day, a business owner will welcome guests, explain how to enjoy the trampolines safely and respond to guests’ requests. They also may help serve guests refreshments, prepare for any scheduled parties and clean the facility, although these tasks may also be done by not interacting with guests, a business owner will spend their time scheduling and managing employees, inspecting and repairing equipment, and marketing the business. 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. Indoor trampoline park business makes money by charging guests a fee for a set amount of jump time. In areas where there is already at least one trampoline park, competition may be stiff. In cities that don’t have any, though, an indoor trampoline park business can fill a unique niche in the out-of-home entertainment industry. People from all over the city may be willing to drive to the trampoline park, because it’s something are some skills and experiences that will help you build a successful indoor trampoline park? Trampoline park business owners don’t need any specific training before they open a trampoline park, but they ought to have strong communication skills (in order to clearly explain safety protocols), good customer service abilities and decent general business skills. Business owners who want to improve in any of these areas may want to attend a relevant seminar or a class at a local community it isn’t required, business owners may want to become certified service technicians. Getting certified as a service technician can help a business owner keep their maintenance costs low, as they’ll be able to perform a lot of the maintenance their trampolines need themselves. Startup costs average in the low seven figures, because trampoline parks usually must be custom built. There are two steps business owners can take to reduce their buildout costs slightly, although they can’t be completely , business owners should get quotes from multiple contractors. Business owners should contact several contractors that specialize in indoor trampoline parks and ask them to submit a bid. Obtaining multiple bids not only shows what different contractors will charge for the work, but it also gives the business owner several designs to consider. One design may be simpler than the others and, therefore, significantly , business owners can look for a building that already has a wide open space. Although they may be in rural or industrial areas, guests will usually drive to an indoor trampoline park business even if it’s a little out of the way because it provides a unique business. Designing an indoor trampoline park, only 50 to 55 percent of of the space should be devoted to trampolines. Leaving about half of the space without trampolines provides plenty of room for a welcome area, concession stand and seating. It also lets a business expand in the future and add another entertainment option without relocating (and having to build-out another place). Trampoline park business can maximize how many potential customers it attracts through customer segmentation, which involves scheduling different activities that are targeted towards different demographics throughout the day and week. For example, a trampoline park might offer a morning fitness class, afternoon fitness class, after-school kids’ club and evening dodgeball class, club or league ought to be promoted at places where the target demographic spends time. Libraries, health clubs, parks, recreation centers, coffee shops, ymcas and similar organizations may be willing to let a trampoline park put up flyers about a class, club or league. It may be difficult to get potential customers who have never been to a trampoline park to sign up for several sessions at once, get new customers in the door, a trampoline park should also offer truly novel experiences. Trampoline dodgeball and basketball are two fun, unique sports that most people will consider doing at least once. How and when to build a e indoor trampoline park businesses have large facilities and are open long hours, most business owners hire at least a few employees from the outset. Eventually, a successful trampoline park that has other features may have 35 to 40 & local business licensing n state permits and licenses may be needed to operate an indoor trampoline park. Learn more about licensing requirements in your state by visiting sba’s reference to state licenses and businesses are required to collect sales tax on the goods or services they provide.

To learn more about how sales tax will affect your business, check out our informative guide, sales tax for small addition, certain local licensing or regulatory requirements may you sell food, you will need licensing from a local health department; all establishments serving food are required to pass a health inspection. Tips for faring well on a health inspection can be found more information about local licenses and permits:Check with your town, city or county clerk’s assistance from one of the local associations listed in us small business associations directory of local business order to play music in a business setting, as many indoor trampoline parks do, permission must be acquired from the composer or license holder. Typically, it is possible to obtain a “blanket” license allowing a businesses to play music owned by a large catalog of artists and recording studios. Here is an example of a release of liability waiver from sky zone:Labor safety is important to comply with all occupational safety and health administration requirements:Most important amongst osha regulations for a trampoline park are the relevant safety measures, including proper labeling, training, and injury icate of indoor trampoline park is generally run out of a warehouse. A co confirms that all building codes, zoning laws and government regulations have been you plan to lease a location:It is generally the landlord’s responsibility to obtain a leasing, confirm that your landlord has or can obtain a valid co that is applicable to a indoor trampoline a major renovation, a new co often needs to be issued. If your place of business will be renovated before opening, it is recommended to include language in your lease agreement stating that lease payments will not commence until a valid co is you plan to purchase or build a location:You will be responsible for obtaining a valid co from a local government all building codes and zoning requirements for your business’ location to ensure your indoor trampoline park will be in compliance and able to obtain a personal uring your business as a limited liability company (llc) ensures your personal assets are protected in the event your business is an llc in 5 easy much can you charge customers? Largest ongoing expenses for an indoor trampoline park business include rent and common area maintenance, which together should be between 15 and 20 percent of gross revenue, labor costs, which should be between 20 and 25 percent. Trampoline parks that don’t serve food usually have labor costs closer to 20 percent, while those that have food tend to be closer to 25 percent. Insurance typically runs between 6 and 7 percent of gross ongoing expenses include marketing costs, trampoline repair costs and utilities. 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. 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 more ideas with our business ideas out our how to start a business up at the business center to access useful tools for your ry ise opportunity with sky zone, a popular indoor trampoline ise opportunity with altitude trampoline ational association of trampoline reet, an indoor trampoline -to guide detailing the process of starting an indoor trampoline reneur ss ectual ions l practice reneurial tivity & l business to open a business > starting a business to open a to start a trampoline you are considering opening a trampoline center, step one is being sure to avoid the mistakes that other entrepreneurs learned the hard ng about opening a trampoline center? In an attempt to move beyond the limitations (and insurance liabilities) of backyard trampolines, modern consumers have demonstrated a willingness to engage in pay-for-play activities at trampoline centers and trampoline arenas feature a combination of fun activities, events and even trampoline-based dodgeball leagues. Since fallow trampolines represent opportunity costs, trampoline center startups must rapidly execute a plan to maximize the amount of time their facilities are used by paying to increase revenue in a startup trampoline arenathe hard truth about a startup trampoline arena is that the majority of your expenses will be fixed -- you'll pay the same amount for your facility lease, equipment loan payment, salaries, utilities and other expenses whether your trampolines are being used or order to cover costs, you'll need to increase revenue by inviting fitness enthusiasts to participate in a spectrum of activities including fitness classes, birthday parties, dodgeball leagues and open jump er maximizing revenues through customer segmentation, i. For example, you could offer a fitness class for retirees during the day, an afterschool club for kids, an evening fitness class for adults and a night-time league for dodgeball average trampoline time running in the neighborhood of $10 per hour, it's not hard to see how strategic scheduling can directly impact your startup's bottom for mitigating risk in a trampoline center startupdespite its health benefits, trampolining is an inherently risky physical activity -- people routinely get hurt on trampolines. To protect your business as well as your personal assets, you will need to have a serious conversation with your insurance provider before you open the doors on your trampoline arena startup. A robust liability insurance policy is a must for any entrepreneur entering the trampoline arena further insulate yourself from personal liability, you may want to consider structuring your trampoline center startup as a limited liability corporation (llc). An llc isn't a panacea, but it can go a long way toward protecting assets like your home and personal savings during teristics of a good trampoline center business planlooking for a one-size-fits-all business plan? However, the most effective business plans do address specific sound business plan elements:mission statement your description of your trampoline center's reason for & objectives goals are broad targets; objectives are the tactics you'll use to reach your ial, marketing & action plans more detailed descriptions of how you will carry out your mission and achieve your trampoline center's igate competitorsprior to opening a trampoline center in your town, it's worthwhile to see what the competition looks like. Just enter your city, state and zip code to get a list of trampoline centers in your for trampoline centers near youhow tough is the competition in the market you are considering? If the competition is too tough, you may need to think about starting the business in a different area or even start a completely different business ng the marketif you want to open a trampoline center be sure to talk to somebody who is already in the business. The other hand, an individual who has a trampoline center in a different city will be much more likely to talk with you, given that you don't compete with them in their area. Our estimate is that you may have to contact many business owners to find one who is willing to share his wisdom with 's the best way to find somebody who runs a trampoline center who is willing to talk to you but doesn't live nearby? Just use the handy link below and enter in a random city/state or an experienced trampoline center entrepreneurtop three reasons to buy an established trampoline centerit's almost always preferable to buy a trampoline center than to pursue a trampoline center diligence and other business buying requirements are essential. But there are several reasons why buying a trampoline center may still be your best l revenue. If you're careful in your research, the trampoline center you buy will have a track record of profitability a big plus since it may take months or even years for a startup to turn a ional efficiency. In general, it's easier to finance an existing business than it is to fund a startup.

While a startup only exists on paper (initially), established businesses have the benefit of historical earnings statements and tangible 't rule out franchisingthe chances of doing well with your venture are substantially improved when you choose to franchise and leverage their successful brand and track you consider starting a trampoline center, you would be wise to assess whether there are good franchise opportunities available that might make your life much easier. You might even find something that points you in a completely different ises for advice for additional resources regarding starting a business may be of interest to advantagescoming up with good business comments, questions or suggestions to share regarding launching a trampoline center? The small business owners who read this article after you will appreciate your helpful ons, comments, tips, and : (not displayed). You currently own a trampoline center, these resources will come in handy:Marketing a trampoline centers businessselling a trampoline centers you sell to trampoline centers? These resources are more appropriate for you:Selling to trampoline centers businessesmailing lists for trampoline centers you are interested in starting a different kind of business, please browse our directory of guides below. Open a businesstortillas businesstravel agents onal resources for entrepreneurs entrepreneur featuresemployee to entrepreneursmall business ethicsgood business booksstudying entrepreneurshiphow kids make moneysocial entrepreneurshipmergers and acquisitionsentrepreneur h family fun your own business plan ». Park business company philosophy is based on mutual respect for all contributions made by our participating or limited partners, investors, consultants, and employees without regard to the position held in the company. B investments will also work toward establishing community involvement programs that will demonstrate how our business can contribute to a better quality of community life. He is an accomplished carpenter, strip mining operation director, welder, college-trained auto mechanic, structural architectural consultant, computer operator, human resource officer, safety director, patented inventor, proven business manager and started his training under his father who was an engineer and a successful entrepreneur. He is also highly skilled in the art of negotiations, public relations, oversight of complex budgets, business management and problem solving. He has been recognized and received awards from various universities, school districts, highway patrol associations, the national guard, state parks department, utah's foreign language teacher of the year, utah's public safety department, utah's legislative award of excellence, friend of agriculture from utah's farm bureau and is on utah's educations honor roll. Responsibilities: participate in the company's strategic business plan; coordinate training and operation programs; act as opening (mornings to midday) operations director; customer service director and public relations consultant once the center is b. Strebel has served on the board of directors on housing associations and has over six years of experience with developing and operating his own businesses, which include performing the services of an investment consultant and financial planner. Strebel has owned and operated laura strebel engraving & gifts, a successful business of custom gifts and crafts, for over twenty years. In 1997 he sold enchanted castle to ogden entertainment, and now serves as a consultant to their entertainment sibilities:  ongoing review of the company's business plan and advise/consult on all aspects of entertainment activities, assist in building design, floor layout of activities, assist with training and explaining the general functions of our r. He is the vice president of all american playground equipment and a partner of american trampoline, and thus is very experienced with sports and playground equipment manufacturing and marketing. Coordinate the purchase of properties, oversee business management setup, review and consult over inventory control, review and pursue investment capital and profit smout, marketing and sales consultantmr. Sant and his abilities in rda funding please type his name into your web browser and do a sibilities: consult and actively setup any redevelopment agency and contracts between the company and city executive support agencies:legal services;auditing services;insurance company;banking services;architectural, planning and design services. I&b investments will contract with an employee leasing program to help provide the full-time staff with such things as:health care insurancedental care insurancelife insurancevacation timeup sell incentive programsdiscount passes for staff family members401k retirement planspay checksour personnel plan reflects how we intend to utilize our peoples' assets. Recommend using liveplan as the easiest way to create automatic financials for your own business your own business your own business plan »your business plan can look as polished and professional as this sample plan. Just wrote my first business plan in 24 hours using liveplan and it's beautiful and complete. With 500 complete sample plans, easy financials, and access anywhere, liveplan turns your great idea into a great plan for more about research reports for amusement and recreation services d business tion center business planchildren's play program business planmovie theater business day care services and children's products plansmore child and family recreation centers 't bother with copy & can download this complete sample plan as a text document for and marketing l and administrative in your subscription with our lowest annual price ever—for life! Plans ss plans - volume playground business by: dmitry plan is for a franchised indoor children's playground. Furthermore, bureau expects the communities of canton, plymouth and south be the fastest growing regions of wayne and washtenaw counties over business will be operated on a full-time basis by a manager, , who has had over 3 years of restaurant management experience. On, all member-managers will actively assist in the management business on a part-time owners are requesting a loan to fund a portion of the start-up inventory. The indoor playpark is based on the if you set a large number of a safe, yet challenging, imaginative soft playground area, going to have fun. Furthermore, each person admitted to the playpark e a color-coded wristband identifying him/her with rest of . Trained staff will supervise the play areas at all times to nce to the playpark rules while assisting the children to enjoyment of the will be several play areas within kid's world; the largest, a. 000 square foot structure targeting children aged 4 and over, will sed of a series of colorful tubes, slides, ball baths, ures, air and water trampolines, obstacle courses, ramps, .

Kid's initially promote its concept through a grand opening gn employing an invitation-only free evening for local business ment leaders and their children as well as local radio coverage. Isor will assist in the preparation of initial advertising ling of on nature and location of kid world's business will support ation and walk-in shopping. Since the majority of birthday pre-planned events, the exact location of kid's world t to major shopping centers is not as critical as it is in businesses. This shopping center consists of two separate ng 73,480 square feet of rental space and contains both walk-by businesses. In addition, there are tary schools located in the proximity, a day care center the shopping center, and many other child-related businesses within. Furthermore,Kid's world will employ trained staff to continuously monitor area and enforce the rules of the playpark. The playpark will ed to provide parental viewing on all sides and at all s will also be encouraged to play in the equipment with en (knee pads will be available for a nominal charge. Kid's carry a $1 million per occurrence liability insurance policy in of ition in the children's recreation and entertainment ts of a highly diverse group of children's activities,Including television, libraries, ymca's, health clubs, parks recreation centers, movies, the zoo, and related activities. Second, kid's ages parents to participate in their children's ties through a careful layout of the playpark which ensures lity of the play areas and close proximity for the parents. Last, with the corporate kid's world so close to michigan, name recognition should be high, as many potential customers have already been to the existing kid'is of following section briefly discusses each competitor's on, strategy, and unique operating n sam's primary focus is on an extensive array of , mini-rides, interactive skill games, a puppet show, and gh it has a small playpark area for toddlers, captain sam' primarily dedicated to food service and games. Consequently, it a destination business for pre-planned visits, centered around its e for family outings and birthday parties. Specifically, surprise land plans on opening 90-100 domestic s a year and franchisees are expected to open another 100 in 1994,The majority of which will be opened by reeves entertainment. In addition, surprise land is planning in such outstate areas as flint, lansing, traverse city se land is similar in concept to kid's world in that es a controlled environment for children to play in and explore parents. Furthermore, the snack bar seating y located in the center of the play space, leading floors, congested walkways, and visible food wrappers next dispensers in every interior corner of the playpark. The ure at surprise land is contained in a smaller area 's world and is typically placed in a corner of the can lead to heavy congestion in the play area during peak hours, ction of airflow throughout the playpark, and a general lack ive for parents to interact with their children. Jungle play obtains additional business by nts during non-peak hours, allowing groups to rent the -hours, and promoting such activities as overnight lock-ins, s, and school le opened its first and only location this past march in garden has since expressed interest in franchising its concept. Similar and appearance to surprise land, kidville offers a -park complete with treeforts and slides for children over 4 and te play area for children under the age of 4. The goal 's world is for a visit to the playpark to become a event. Reflecting this goal, a frequent user card will enable er to receive discounts off future admissions to kid's a specified number of paid admissions to the playpark. Per person to encourage day care centers,Youth group activities, and summer camps the playpark. Per child es unlimited play in the playpark, two game tokens per child, of pizza or a hot dog, and a 125 person capacity snack bar will offer food products that appeal children and parents alike. The two most significant itures are the main playpark structure (including the toddler ure) and the various games of skill. Preliminary estimates from two ound manufacturers have been in the range of $175,000 - $200,000 entire playpark structure. The insurance policies carried include: $1,000,000 nt premises liability insurance covering bodily injury, , and non-owned autos; $1,000,000 product liability ge; 100% replacement coverage on building contents and business interruption insurance, and worker's nce as required by law. The budgeted initial investment ory is $7,500 based on franchisor on franchisor estimates, kid's world will require $50,000 ble cash, line of credit, or other liquid reserves to ing expenses for wages, utilities, rent, and similar ss business will be organized as a partnership under the name 's world. Thomas jones and alice cushaw will serve as ment and the event kid's world's acceptance is slower pated, expenses can be reduced as follows:Certain games and planned playpark additions can be leased, -front cash expenditures by $20,000 - $50, secretary position can be eliminated and its job med by the two assistant managers. This can reduce itures by $20,000 the majority of kid's world's employees are only scheduled to work up to two weeks in advance, the can quickly and easily be adjusted to operating ment fees can be reduced or eliminated entirely, as -managers do not depend on the business as their main source . 0% of sales + ainment, promotion and an single business operating ma balance sheet - by ty, plant and ure and old : accumulated property, plant and current ediate-term lated adjustments stockholder's liabilities and stock ma statement of cash flows - by flow from se in current se in current cash provided by flow from se of on to leasehold cash used by investing flows from financing butions to cash provided by financing increase (deer) in at beginning of ma income statement - year s and ty and alarm ainment, promotion and an single business operating ma balance sheet - year ty, plant and ure and old : accum. Current ediate-term lated adjustments stockholder's liabilities & stock, ma statement of cash flows - year flow from se in current se in current cash provided by flow from se of on to leasehold cash used by investing flows from financing butions to cash provided by financing increase (decr) in at beginning of ma income statement - year s and ty and alarm ainment, promotion and an single business operating ma balance sheet - year ty, plant and ure and old : accum.