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Below is an in-depth analysis and side-by-side comparison of Children's Technology Workshop vs Big Air Trampoline Park including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $81,000 - $105,000 | $1,494,000 - $2,262,500 |
Franchise Fee | $25,000 | $50,000 |
Royalty Fee | 6% | 6% |
Advertising Fee | - | - |
Year Founded | 1997 | 2012 |
Year Franchised | 2004 | 2016 |
Term Of Agreement | 7 years | - |
Term Of Agreement | 7 years | - |
Renewal Fee | $1K | - |
Business Experience Requirements |
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Experience | Ideal owner/operators for Big Air include aspiring business owners or experienced franchisees. Those with prior experience or a niche interest in amusement park and entertainment experience as well as a background in sales are optimal candidates for the franchise opportunity. There are single- and multi-units available. Experience in the family entertainment arena, while valuable, is not necessary. Instead, we value business, management, and/or customer service experience in our prospective franchise partners. Our rigorous training and comprehensive operations manual will help savvy business minds successfully operate their Big Air. |
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Financing Options |
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In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | -/- |
Start-up Costs | No/Yes | -/- |
Equipment | No/Yes | -/- |
Inventory | No/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
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Training | - | Training and comprehensive operations manual |
Support | Newsletter, Meetings, Toll-free phone line, Internet, Security/safety procedures, Field operations/evaluations | Franchise owners of Big Air will receive ongoing support, training, pre-opening and operation assistance, advertising programs, and operations manuals, along with the opportunity to work alongside an executive team with decades of amusement park experience while building a business in a fast-growing industry. Provides franchise owners with the business model, tools, and professional support needed to effectively operate a Big Air location. |
Marketing | Co-op advertising, Ad slicks, Regional advertising | - |
Operations | Franchise can be run from home. 20% of all franchisees own more than one unit
Absentee ownership of franchise is NOT allowed. (100% of current franchisees are owner/operators) | - |
Expansion Plans |
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US Expansion | - | Yes |
Canada Expansion | No | - |
International Expansion | Yes | - |
The Childrens Technology Workshop is focused on the development and delivery of hands-on, applied-technology curriculum. We have been designing and testing our programs since 1997. At CTW, we are serious about having fun and take pride in our commitment to developing the finest technology and science-based programs available to children. Our activities are under constant review by our full-time staff of educators, engineers, technologists and enthusiasts. We are confident that you'll agree with our philosophy that computers are more than just a tool for writing and researching. We believe computers and technology can empower all children to explore, invent and be creative using the right applications with the right direction. The Children's Technology Workshop offers a variety of programs, including after school, camp, academic and group workshops. Programs are divided by age and are available in different formats to meet scheduling needs of parents and group facilitators.
Big Air Trampoline Park offers the local communities a family-friendly environment that combines high-energy and healthy way to have fun. Guests are able to experience one-of-a-kind attractions like wall-to-wall trampolines, foam pits, a mechanical bull, and jousting on the Big Air Battlebeam - all within a 15,000 to 35,000 square-foot environment optimized for comfort and safety.
Big Air is the first of its kind in the industry to launch a membership program that presents budget-friendly options for families. Active families can choose from two affordable options based on their needs and preferences. For $19 per month, Standard Big Air members receive daily 2-hour jump sessions between Monday and Thursday at any of their parks. The Premium Membership allows guests to book daily sessions any day of the week for just $20 more. Other benefits include special rewards days, exclusive discounts on birthdays and team parties and 20 percent off all food, drinks and merchandise.
Additionally, Big Air parks offer several programs at each location ranging from toddler-friendly jumping hours and special needs playdates to working with the community to promote Big Care -- a program that gives members of the community the opportunity to nominate families who may not be able to afford to go to one of their locations, Big Air is committed to hosting 10 families a month at each location as their guests.
Advertising Fee