It only takes logging on to Pinterest to realize one thing: birthday parties for kids are big business. Among the recipes and crafting projects, you’ll find boards upon boards with ideas for kids’ birthday parties created by eager, competitive parents. In fact, in a recent poll of UK parents, 81% said they rarely stick to a restrictive budget for birthday bashes because they want their child to have “the best party of the year compared to their friends.”
If you’re currently looking into kids birthday party franchises as a possible business investment, you’re probably thinking, “OK, parents want to throw great birthday parties for their little ones — but are children a big enough audience to make this a worthwhile venture?” According to the National Association for the Education of Young Children (NAEYC), there are more than 73 million children under the age of 18 in the US. Those children all have a birthday, and they celebrate that birthday every single year. You can do the math on that one.
1. Kids birthday party franchises are fun!
You’re in business to make money, but don’t you want your eyes to light up a little when you talk about the franchise you just bought into? Picture yourself saying the following to your friends and family, and then decide which statement will elicit the most favorable response:
a) I just decided to open a sandwich franchise. Don’t you just love a good egg salad sandwich?
b) I’m opening a disaster restoration franchise. Accidents and natural disasters happen, and someone needs to clean up after them.
c) I’m going to open an indoor trampoline park franchise! It’s going to have the best party packages for kids’ birthdays, and families are going to love the different events, classes, and the in-house arcade.
Even if you plan to hand over daily operations to a manager (which is entirely possible for Launch Trampoline Park franchisees), you deserve to be proud of your business and the mark it’s making in your community.
2. You’ll save the sanity of local parents.
It’s hard keeping up with the Joneses. Parents want their kids to have the best birthday parties, but between work, school activities, household chores, and just life, it’s hard to pull a DIY party together sometimes. Kids birthday party franchises take tons of stress off of those moms and dads because most times, the franchise supplies absolutely everything they need for a memorable birthday party: a designated party host, plates/cups/utensils, food, cake, drinks, special gifts, and guaranteed fun. And best of all, when they get home from the party, their houses are still clean.
3. Keeping kids active is important.
As childhood obesity rates skyrocket in the US, there’s been a nationwide movement to break children out of their sedentary lifestyles and help them get active. Kids birthday party franchises that promote physical activity — exercise that kids will actually like — are a huge homerun with parents. In addition to providing a stress-free party, parents feel good knowing kids have an opportunity to let loose, sweat a little, and just be kids. Hey, they may even fall asleep in the car on the way home.
4. You get multiple revenue streams.
Many kids birthday party franchises aren’t dependent on one or two streams of revenue; there are numerous opportunities to make money. For example, at some Launch Trampoline Park franchises, there are arcades, cafés, branded merchandise, special events, exercise classes, and other money-makers. For birthday parties, there are typically a few different packages parents can choose from, but then there are various add-ons they can request that increase your profit on the party.
In addition to the reasons stated above, a Launch Trampoline Park franchise is a perfect opportunity for savvy business people to get involved in one of the fastest-growing family recreation trends. Indoor trampoline parks didn’t start popping up until about ten years ago — in that time, industry revenues have grown to approximately $680 million, according to the industry association. There’s potential for even more growth and success, and investing in a franchise lets you come along for the ride.
Launch Trampoline Park franchisees receive extensive operational support and plenty of hands-on training before the park’s doors ever open. We’ll even help you select the ideal location for your new venture using our proprietary demographic criteria and site-selection guidelines. You’re also the boss of how involved you want to be. If you want to be heavily involved in the daily operations, that’s great. If you would rather set your franchise up for success and let it run itself, that’s great, too! It’s a customizable franchise experience to suit your needs.
Want be part of the fastest-growing family recreation trend? Our extensive operational support and multiple revenue streams make owning a Launch Franchise a golden opportunity. Learn more about owning your own Launch Franchise today.