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Below is an in-depth analysis and side-by-side comparison of Bounce Party Entertainment Center vs Parties by Terrye including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $152,500 - $273,500 | $34,550 - $79,300 |
Franchise Fee | $20,000 | N/A |
Royalty Fee | 4-6% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 1983 |
Year Franchised | 2004 | 0 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1.5K | - |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/No | -/- |
Start-up Costs | No/No | -/- |
Equipment | No/No | -/- |
Inventory | No/No | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | - |
Support | Newsletter, Meetings, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | - |
Marketing | Co-op advertising, Ad slicks | - |
Operations |
0% of all franchisees own more than one unit Number of employees needed to run franchised unit: 14 - 20
Absentee ownership of franchise is allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | - |
Canada Expansion | No | - |
International Expansion | No | - |
NO LONGER FRANCHISING
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!
Have you always thought about owning and operating a business of your own? Are you someone looking for a career change from the corporate world? Parties by Terrye franchisee prospects may include an energetic mom (or dad!) returning to work, or a team of two seeking to combine their experiences and talents with the right business opportunities. We are looking for enthusiastic, motivated individuals looking to become part of an expanding, exciting industry.