|
Below is an in-depth analysis and side-by-side comparison of Bounce Party Entertainment Center vs Sandbox VR including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $152,500 - $273,500 | $777,000 - $1,075,000 |
Franchise Fee | $20,000 | $50,000 |
Royalty Fee | 4-6% | - |
Advertising Fee | - | - |
Year Founded | 2003 | 2017 |
Year Franchised | 2004 | 2019 |
Term Of Agreement | 10 years | - |
Term Of Agreement | 10 years | - |
Renewal Fee | $1.5K | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
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 |
||
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 |
||
US Expansion | - | Yes |
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!