How did you get into the industry?
In 1993 I got my first taste of entrepreneurship. I was 11 years old, owned a snow shovel, and RI experienced record breaking snowfall that winter. From that point on, I was convinced that working for myself was the path I needed to travel. Since then, I have employed over 500 people and started several successful businesses that range from construction, to real estate investments, to family entertainment.
I was inspired for the Launch concept after visiting an indoor park while on vacation. I reached out to business acquaintance Ty Law, who was also a 3-time Super Bowl champion and NFL veteran, to see if he would like to partner on the venture to open a similar concept in RI. With such an exciting concept in active family entertainment, Ty jumped at the chance to start this venture.
What’s new in the franchise model or how are you differentiated from your competition?
We have state-of-the-art equipment and innovative designs. We manufacture our own trampoline equipment and attractions. Our clients love their experiences here at Launch and the environments speak for themselves. Launch Trampoline Parks have grown with a focus on the 4 F’s — Family, Friends, Fun and Fitness with Safety— encompassing every aspect of our operation.
Where do you see opportunities or challenges for the franchise moving forward?
We’ve seen incredible growth over the years and have become top players in many of our markets. We’re a service-based, high-margin business model that provides customers with an “Awesome” experience, which will drive repeat business. We’ve also developed a series of marketing programs to help drive revenue and controls for managing labor that helps optimize the business opportunity and maximize returns for our franchisees. As the brand continues to grow, brand recognition will play into our benefit. We’ve developed a good brand that we can stand behind with training and support. We have a lot of knowledge and will help our franchisees grow.
What are your unique points of training and support?
We support one another with the goal that everyone succeeds and performs at the highest level. We utilize co-op national advertising and proven local marketing programs. We give ongoing recognition and encourage the personal growth of our team.
Have you had a difficult moment within the franchise expansion?
Staying on top of our skyrocketing growth is a challenge but welcomed. We continue to dial in our support model to deliver valuable network support to our franchisees.
Define your Franchise Model:
- Training and Support Model?
Our training program provides our franchisees with everything to launch, operate, and grow the franchise, as well as updates on new technologies or procedures through refresher courses
- What is the Fee Structure?
Franchise fee: $50,000
Investment Range: $887,033 – $1,438,000.
- Territory Definition?
Exclusive territory
What does your franchisee do in the business every day?
They will be in charge of managing the business and their team. Absentee ownership model is available.
Who is the ideal franchise candidate?
Someone who is ready to follow our proven model, has prior sales or business experience, has knowledge of the area where the park will be located, and who has working capital. We want people who will be a part of the cohesive Launch family and contribute to the franchise network.
What goals do you have for the franchise model in the future?
We are here to be the national name in trampoline parks and indoor family entertainment!
For more information on the launch franchise, visit the franchise site: https://launchtrampolinepark.com/