How Much is the Lanbox Trampoline Sports Park Franchise Cost?
Franchising is a common business model for trampoline park. Except the cost of building a trampoline park, the franchisees have extra franchise costs. The franchise costs are paid upfront to the franchiser for the right to use their brand name, business model, and support services. Here we will introduce franchise advantages and how much is Lanbox Trampoline Sports Park franchise costs.
1. Franchise Advantage
If you are new to trampoline park or indoor family entertainment center business, franchising is a much easier way for you to start. Franchising is a business model that the franchiser grants the franchisee the right to use its trademark, business system and process, etc. In exchange for these rights, the franchisee usually pays an initial fee and ongoing royalties to the franchiser. Below franchise advantages:
1.1 Turnkey Solution
You may meet many challenges during your project! To be our franchisee, we will offer you convenience, speed and simplicity to build your trampoline parks or indoor family entertainment centers. We give turnkey solution service from site selection, design, production, shipping, installation, operation, etc.
1.2 Proven Business Model
We have operated some trampoline parks before offering franchise opportunity. We face many problems, find solutions and finally establish a proven business model. To be our franchise, you will get benefits including standardized products or services, operating procedures and marketing strategies.
1.3 Brand Recognition
A strong brand recognition is helpful to attract more customers to your trampoline park or indoor family entertainment center and drive sales. One of our franchise park social media account has 1 million fans and video playback number up to 2 billions. What a good business you could expect!
1.4 Economies of Scale
To open a trampoline park or indoor family entertainment center, you need to buy equipment, supplies and so on. To join us as a franchisee, we can leverage the buying power of the entire franchise system. You will get same products but cheap for economies of scale.
1.5 Marketing and Advertising
When we spend money on global marketing and advertising, some customers always ask trampoline park or indoor family entertainment near them. So if they are close to our franchisee location, we will drive customer traffic to there. Franchisees get sales without marketing and advertising cost.
1.6 Risk Mitigation
Risk prevention is important to open a trampoline park or indoor family entertainment center. Operate under safe equipment and proven business model with established systems and processes, franchisees reduce the risks associated with starting a new business from scratch.
1.7 Training and Support
To be our franchisees, you will get helpful training and ongoing support to trampoline park or indoor family entertainment center, including operation, marketing and advertising, practical response, staff training, event planning, etc. You do not need to spend much time to explore by yourselves or pay high fees to the third party.
1.8 Innovative Attractions
We always investing in innovation on attractions of trampoline park or indoor family entertainment center. It is very important for long-term business to have an outputting of new and exciting games. As our franchisees, you could get first-hand information to know the park business trending.
2. Lanbox Trampoline Sports Park Franchise Supports
The Lanbox Trampoline Sports Park, following shorter as Lanbox, is a mature Chinese franchise brand on indoor amusement park with trampoline park, indoor playground and other indoor attractions. The franchiser provide franchisees the franchise supports from site selection and decoration, brand image, whole store output, regional protection, marketing, advertising, free training, sales, follow-up service, etc.
2.1 Site Selection and Decoration
The Lanbox advises franchisees what should consider on site selection and decoration from many factors.
2.2 Brand Image
The Lanbox provide brand logo, color, slogan, value and VI system to have unified brand image for each indoor amusement park.
2.3 Whole Store Output
Franchisee rent or buy the site, the Lanbox offer all equipment and supplies. Make and start business easily.
2.4 Regional Protection
The Lanbox protect the interests of franchisees within a specific geographic region, maintain the exclusivity and profitability.
2.5 Marketing
The Lanbox give marketing materials and guidance on local marketing strategies to help franchisees promote businesses effectively
2.6 Advertising
The Lanbox advertising through various channels and platforms to increase brand awareness and promote franchisees business.
2.7 Free Training
The Lanbox has free training for franchisees and their staff with the knowledge, skills and resources to operate a successful business.
2.8 Sales
The Lanbox assists franchisees to fix price in various types tickets such as single, couple, family, party, team building and so on.
2.9 Follow-up Service
The Lanbox check periodical reports from franchisees and give solution and help to make business more effective and sustainable.
3. Lanbox Trampoline Sports Park Franchise Costs
Franchiser: Liben Group
Franchiser Business Since: 2011
Franchising Since: 2018
Headquarters: Wenzhou, China
Franchising Description: We have different types franchising ways, for example, brand franchising and whole store franchising. The supports like training and others refer to the signed Franchise Agreement.
Possible Franchise Costs:
1) Initial Franchise Fee: refer to your Franchise Agreement
2) Royalty Fee: 4% to 12% of gross sales
3) Advertising Fee: 1% to 4% of gross sales
4) Training: free but franchisees afford travel fees
5) Equipment and Supplies: refer to your Franchise Agreement
6) Insurance: not must buy from franchiser
7) Initial Investment: refer to the actual cost on building a trampoline park
8) Extension Fee: negotiable, usually same with initial franchise fee
9) Additional Services: $200 per person per day and travel fees
10) Liquidated Damages: refer to your Franchise Agreement
Franchise costs can vary widely depending on the brand from a few thousand dollars to several hundred thousand dollars or more for well-established brands. It's important for potential franchisees to carefully review the Franchise Agreement provided by the franchiser, which includes detailed information about all the costs involved in owning and operating the franchise. Additionally, it's advisable to consult with a financial advisor or franchise attorney to fully understand the financial obligations and risks associated with a particular franchise opportunity.
The Lanbox Trampoline Sports Park is one of worth-able franchise brand for investors who want to build a trampoline park or indoor family entertainment center. Now it open to global market. Do not missing the great chance to join!