10 Advantages of Investing in Trampoline Parks
The last six years showed a sudden increase in the demand for trampoline park investment globally. This rapid increase could be brought about by the diminishing human life expectancy and the depreciating health and lifestyle of the human population.
The COVID pandemic may have affected the mindset of the human population making us realize the value of health, fitness, and wellness in battling diseases and surviving the pandemic. Whatever the reason may be, one thing’s for sure, it opened doors to a new trending business opportunity, the Trampoline Park investment.
You are probably wondering how Trampoline Park becomes a promising and profitable business. Let’s unravel the benefits of investing in the indoor trampoline park investment.
Why Trampoline Park is Worth Investing In?
1.Trampoline Park Investment is the Latest Trend in the Health and Fitness
The COVID-19 pandemic refocused our priorities on keeping our bodies fit, boosting our immunity, and maintaining a healthy way of living. The lockdown and quarantine limited our access to health and fitness facilities making us create personalized ways to exercise and keep our active lifestyle going.
The inclusion of the indoor trampoline park in the playground and entertainment industry after the pandemic is perfect timing. It provides adults and children convenient access to exercise. Trampoline, a low-impact exercise, is a great way to keep your body physically active and burn fat. According to studies, a 10-minute session on the trampoline has the same impact and caloric burn as running for 30-minutes.
2.Trampoline Park Investment is Steadily Growing
Timing is an important factor when opening up a business and the same thing applies to trampoline park investment. Trampoline park is the fastest-growing segment in the entertainment arena. The demand is continuously increasing, as evident in the data showing that in the U.S alone, the number of trampoline parks has doubled to more than 800 since 2004. The same trend goes for Europe and China as well.
People love the idea of trampolining as an inventive way to exercise, sweat, and have fun at the same time. The business concept is already a hit but conducting market research will help you create a smart decision before jumping into trampoline park investment. Evaluate the trend in your country, assess your planned location, and thoroughly study the site selection process. It is going to be a benefit for you if you seize the opportunity of being the first on the trampoline park investment trend in your local market because you will entice customers to patronize your business.
3.Trampoline Park Investment Contributes to the Booming Industry of the Indoor Entertainment Sector
Soft playgrounds and recreation centers used to be the main attractions in the indoor entertainment industry. In recent years, business owners started to explore the possibilities of adding unique attractions in their entertainment centers to generate more foot traffic. This led to the birth of indoor trampoline park investment. It soon became a big hit and immediately dominated the indoor entertainment sector.
The addition of indoor trampoline parks widened the target market of indoor soft play business and piked up customers’ interest. The once “for kids only” and “family-centered” entertainment centers opened their doors to young trampoline parks people who want to hang out, have a good time and have fun with friends while being physically active.
4.Trampoline Park Investment is a Highly Profitable Business
The startup costs for a trampoline park investment can be quite hefty considering the money you need to spend on equipment, labor costs, space requirements, lease, operational costs, and other factors that need to be taken into account. But all are worth it since its business model has a great potential of a good return on investment, quick turnover, a promising profit rate, and multiple revenue streams.
Customers are charged for the time they spend using the facility which is often calculated for every minute or hour of stay. You may also generate revenue from renting out the whole trampoline park space during special occasions and events such as birthday parties, sports, and corporate events.
Aside from the ticket sales, trampoline parks can generate additional income through their ancillary facilities such as the lounge area, snack, and beverage bar, vending machines, and restaurants.
5.Your Trampoline Park Investment is Not Affected by the Changing Climate/Weather
In the past decade, trampolines were commonly installed outdoors. But the rising popularity of indoor playgrounds introduced the potential of indoor trampoline parks, which are significantly accessible to the public and unaffected by the changing weather.
So regardless of the season, people can still enjoy the fun of trampolining. It also means that your business will remain operational, and you can sell tickets and other ancillary products even during unfavorable weather conditions. This is where the income opportunity lies; your trampoline park investment is open to cater to people, offering them diverse activities and programs when outdoors parks are unavailable and outdoor activities are impossible to do.
6.Trampoline Park Investment Caters to Different Age Groups
What’s good about the trampoline park investment is that it is flexible and covers a vast market. The target market includes people of all ages, including children, teenagers, young people, adults, parents, couples, and even the seniors as long as they are in good health. This gives you a great chance at high foot traffic and good customer flow. How much more if you offer additional programs, attractions, and infrastructure? Your trampoline park investment will surely be a hit.
7.A Fun Bonding Activity for Friends, Whole Family, and Events
Another benefit of a trampoline park investment is that it is suitable for all types of bonding among friends, lovers, families, and even gatherings. It is a physical activity that everyone from different generations can do and enjoy together, a quality bonding activity for all.
Although most trampoliners belong to the younger age group, parents and guardians are most likely to accompany their kids to the park. They get to see and experience the fun activities and interactive programs in the trampoline park. The frequent exposure might eventually persuade them to join their kids in free jumping, or they will likely avail the other amenities that you offer, such as beverages and snacks.
8.Trampoline Park Investment is Modifiable to Keep Up with the Changing Trends and Technological Development
Good business investment should be adaptable to the continuously changing trend. And trampoline parks are one of the few businesses that are highly flexible and modifiable to suit the current style and market demand.
Your trampoline park investment is also adaptable to the dynamic trend in terms of technological advancements and easily complements different tech-based attractions. You can add interesting graphics, vibrant lights, entertaining music, and attention-grabbing projections that help enhance the whole trampolining experience.
9.Trampoline Parks Can Accommodate a Large Volume of People
A trampoline park investment offers a quick return on capital because it can accommodate a large volume of visitors at a single time. Due to its high capacity nature, customers can play simultaneously, interact with other visitors, and make new friends all while having a great time and being physically active.
Since the earnings of your trampoline park investment rely on ticket sales, the high capacity allows more visitors to play and enjoy the attractions in one time period. Depending on your location, an 11,000-square feet trampoline park can admit up to 150 visitors simultaneously. Imagine how many tickets you can sell in a 10-12 hour daily operation.
10.Trampoline Park Investment Needs Lesser Maintenance Costs
Since trampoline parks are indoor-based, the equipment is not exposed to harsh weather conditions and pollution that may weaken the materials and interfere with their durability and shelf life. You can save a lot on trampoline park investment such as equipment costs, maintenance, and cleaning expenses.
For instance, the paint colors will not fade for a long time due to minimal exposure to light, so you don't have to spend money on labor and maintenance expenses for repainting. Plus, the materials will not brittle, bend, and weaken easily due to prolonged exposure to extreme UV or changing weather. This gives you more time to maximize the usability of your equipment which means more income to come.
Author’s Parting Words
Trampoline park investment has many benefits. It is important to seize the trend and be the first in the local market. However, despite the long list of great benefits, there’s no fail-safe formula in business, and the risk of failure still remains. You need to study the industry, assess your business plan, do some market research, locate the perfect spot, and find a reliable manufacturing company that will supply your trampoline park equipment.
Are you unsure of where to outsource the equipment for your trampoline park investment? Contact us at Dreamland Playground, We will guide you through the process from planning, location selection, designing, and choosing the perfect trampoline equipment. Let’s make your dream trampoline park investment happen.
