How Much Does It Cost To Build a Trampoline Park?
Trampoline parks is very popular in recent years. It offers thrilling entertainment for people of all ages. Not only children and the youth love the trampoline park very much, but also the accompanying parents and grandparents. Indoor trampoline parks are gradually becoming the first choice of event venues for kids, couples, families, and companies.
With boosting demands and perfectly respectable profits, more and more investors are interested in building a trampoline park. Like other investments, a business plan is the first step, and the trampoline park cost is the top priority of a business plan. As a professional trampoline park franchiser, we, Lanbox Trampoline Sports Park, will guide you in understanding how much does it cost to build a trampoline park from various factors.
The cost of building a trampoline park can vary significantly depending on various factors such as location, size, design complexity, equipment quality and so on. The costs include facility space, construction and renovation, trampoline park equipment, safety measures, decor and theming, permits and regulations, and operating expenses.
1. Various Factors Influence on Cost of Building a Trampoline Park
1.1 Trampoline Park Location
Location is the first consideration when you plan to build a trampoline park. It is of great importance to influence your trampoline park business and determine whether it is a successful indoor trampoline park. Here are answers to some questions you should have about the trampoline park location.
If it is in an urban or rural area?
Both two choices have their advantages and disadvantages. Urban areas or regions could provide high foot traffic as potential customers usually with accessibility and parking availability. But it has very expensive leasing or purchasing costs, and a bit difficult to find large site with good ceiling height to build a trampoline park. Different from urban locations, rural areas have some perfect site type to build a trampoline park, such as workshops and warehouses. The only problem is how to attract more customers to come.
If it have other trampoline parks nearby you?
No other trampoline parks nearby you, it is your business chance! You are the person to decide ticket sales and market rules. Have other trampoline parks in your area or region, please make you different on customer or market positioning, attractions, and services. Differences let you be permanently vigorous and competitive in your market.
If you rent or buy the site?
To consider about rent or buying the site to build a trampoline park, you should analyze the investment and profit. Renting the site is usually more cost-effective than constructing a new building on empty land or directly buying the building. Most of our customers choose to sign leasing agreements in 10-15 years.
1.2 Trampoline Park Size
The size of the trampoline park is decided by what business type you plan to do. Following major types for your reference.
1.2.1 FEC or Family Entertainment Center
Recommended Size: 3,000 square meters or 32,000 square feet.
It is the trending type of building a trampoline park. FEC or family entertainment center is a complex amusement park for family entertainment. Trampoline park occupy in 40-60% space. Other space is designed for indoor playgrounds or soft play, ninja courses, ropes courses, sky riding, climbing, skydiving, go-kart racing, bowling, VR gaming, etc. The Lanbox trampoline sports park is a kind of family entertainment center that integrates indoor amusement, sports, specialty cuisine, and internet celebrity to make it the first choice place for people to have fun.
1.2.2 Trampoline Park
Recommended Size: 1,000 square meters or 11,000 square feet.
It is a classic type since the first trampoline park was built in 2004. It consists of various games related to trampoline only. With many years of development, except basic games like free jumping, foam pit, and slam dunk, more innovative attractions are frequently used in trampoline park design such as tap fun and 360 bikes.
1.2.3 Adventure Park
Recommended Size: 500 square meters or 53,000 square feet.
Trampoline parks usually remind us of sports or exercise. It is a kind of adventure for the climbing wall and sky stepper in the trampoline park. So trampoline park is acceptable to develop towards an adventure park. It mainly provides adventurous and sporty games to stimulate and encourage people to challenge themselves.
1.3 Trampoline Park Design Complexity
Nowadays, trampoline parks have multiple choices of games, not only basic layouts with trampolines. According to the trampoline park design, the cost of trampoline park equipment is different a lot. Some trampoline games like foam pit, and ninja warrior course are much more expensive than free jumping area. You should consider the balance between price and game popularity to build a trampoline park.
1.4 Trampoline Park Equipment Quality
There are many trampoline park suppliers all over the world. How to choose the right trampoline park supplier or manufacturer? Trampoline park equipment quality is the key factor in the decision. It directly influences the safety and durability of the park. High-quality equipment uses better materials to contribute to lower maintenance expenses and risk possibilities. The Lanbox Trampoline Sports Park keeps providing high-quality equipment to ensure the franchise brand reputation and warranty our franchisee's benefits.
1.5 Trampoline Park Labor Costs
To build a trampoline park requires skilled engineers and workers from building construction, interior decoration, and trampoline park equipment installation. Labor costs vary on factors such as labor market conditions and the complexity of the project. Hiring experienced contractors and technicians is essential to ensure quality craftsmanship and adherence to safety standards.
1.6 Trampoline Park Permits and Regulations
Obtaining trampoline park permits and complying with trampoline park safety regulations are critical steps in building a trampoline park. Depending on the jurisdiction, obtaining permits for a trampoline park may involve multiple regulatory agencies and approvals. Your budget should include permit fees, inspections, and potential modifications for compliance with all applicable regulations.
1.7 Trampoline Park Insurance
Liability insurance is a non-negotiable expense for trampoline parks due to the inherent risks associated with the activity. Insurance costs vary depending on factors including the size of the park, its safety measures, and the claims history of similar establishments. Adequate insurance coverage is essential to protect the business from potential lawsuits and financial liabilities.
1.8 Trampoline Park Operating Expenses
Except costs mentioned above, trampoline park owners must budget for ongoing operation expenses. These expenses consist of utilities, maintenance, repairs, marketing and advertising, staffing, insurance premiums, taxes, and administrative expenditures. If you are a franchise owner, your budget plan should also add the franchise fee of the trampoline park.
2. Investment Info. on Building a Trampoline Park
How much does it cost to build a trampoline park in 10,000 square feet?
Following investment info. on building a trampoline park in 10,000 square feet.
1) Facility Space Rent Cost: $260,000 per year
2) Construction or Renovation: $250,000
3) Trampoline Park Equipment: $125,000
4) Permits and Regulations: $10,000 per year
5) Operating Expenses: $50,000 per year
6) Franchise Fee: according to agreement with franchiser
TOTAL COSTS: $695,000 in the first year, $320,000 in the next years
3. Introduction on Lanbox Trampoline Sports Park
The Lanbox Trampoline Sports Park is a franchise brand owned by Liben Group which is one of the leading manufacturers of trampoline parks in China. Our services include design, production, shipping, installation, and operating guide indoor trampoline park with turnkey solution service or franchise opportunities. We have 2 factories over 50,000 sqm and 10,000 sqm production capability monthly. We are members of IATP (International Adventure & Trampoline Park Association), IAAPA (International Association of Amusement Parks and Attractions), and CAAPA (China Association of Amusement Parks and Attractions). And attend more than 50 international trade shows. Our indoor trampoline park and company meet standards and get certificates including EN ISO 23659:2022, ASTM F1487-11, ISO 9001, GS, etc. We have more than 1500 projects around the world and many customers open at least two parks. With 5 years and a total 9 franchise parks open experience, it is repeatable for the success of the franchise business model.
To build a trampoline park entails a significant investment of time, resources, and capital. By carefully considering the various cost factors involved, investors can make informed decisions and mitigate risks associated with the venture. While the upfront costs may seem daunting, a well-executed trampoline park can offer lucrative returns and provide a thrilling recreational experience for patrons for years to come.
Contact us, let’s have a detailed discussion on how much does it cost to build a trampoline park.
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