Your Path to Franchise Ownership
While other franchise systems are motivated by commission, our development professionals are here to ensure you’re ready to party with us at Pump It Up. Our goal is to help you decide if we align with your professional, financial and personal goals. Follow along below with our streamlined 7-step path to ownership to get the information you need to join our team.
SUBMIT AN INQUIRY
This let’s us know that you are interested in owning a business we love! A member from our Franchise Development team will reach out to you to schedule a call.
Exploratory Call
To prepare for the Exploratory Call, we ask that you review & fill out our Application worksheet prior to your call. A member of our development team will be in touch to guide you through the franchisee qualification process.
We generally recommend all candidates have a minimum net worth of $500,000. In addition, candidates must have access to $200,000 in liquid funds or financing ($100,000 if purchasing an existing store that is for sale).
Steps After the Exploratory Call
Our experienced development team will guide you through the territory assessment & franchise disclosures. The entire process can take anywhere between 30 to 60 days to complete. Here are the steps:
- Complete an NDA (Non Disclosure Agreement)
- Signing of Confidentiality Agreement
- Franchise Disclosure Document (FDD) review
- Territory Analysis & Mapping
- Complete a Financial Worksheet
- Formal Territory Review Phone Call
- Discovery Day in Phoenix, AZ or Video Conference
- Yes/No Decision
- Execution of Franchise Agreement
Select A Site
You will work with a local real estate broker to help you find the ideal location. Once you find a potential site, you will work hand-in-hand with our team to develop layouts for your building, review architectural plans, and ensure your construction schedule stays on time.
This process is typically the most time-consuming. It is important to hire a qualified local real estate broker, architect, and contractor to ensure you can get your Pump It Up open as soon as possible. The entire process can take up to 12 months.
Complete our Store Opening Process
We have created an extensive 170-item checklist to ensure you will not miss a beat when it comes to ensuring your store is ready to open on time and fully operational. In addition, you will have weekly calls with a pre-opening specialist who will guide you throughout the process.
We have everything you need to know on how to open a store effectively and efficiently! The entire Store Opening Process can take anywhere between 3 and 5 months.
Promote your Opening
About 4 weeks before your opening date, you will work with our Mission Control team to promote your business. From building your website to ensuring your digital marketing program is strong and ready to go, we strive to make sure kids and parents alike know you are coming to their town before you open your doors!
Open your Pump It Up
Start your legacy as the provider of the best private birthday parties in town with the Pump It Up staff by your side to give you the support you need, when you need it!
Estimated Initial Investment
Resale / New Store | ||||
---|---|---|---|---|
Standard – 2 Arena/2 Party Room | ||||
Low | High | |||
Franchisee Fee: | – | $30,000 | ||
Lease/Utility Security Deposit(s): | $11,000 | $52,475 | ||
Architect/Permit Fees: | $3,750 | $17,000 | ||
Construction: | – | $350,000 | ||
Facilities & Equipment: | $33,450 | $60,000 | ||
Start Up Package & Opening Inventory: | $31,500 | $46,515 | ||
Training | – | $2,700 | ||
Operating Capital: | $20,000 | $75,000 | ||
Insurance Initial Fees: | $4,500 | $15,000 | ||
Estimated Total* | $104,200 | $648,690 | ||
Monthly Royalty Fees: | 6% | |||
Monthly Brand Fund: | 2% |