What You Need to Know About Family Entertainment Franchises
Some of the most strategic entrepreneurs seek business ownership through franchising. However, it’s most important that you find one that is both lucrative and rewarding for you financially and personally.
Family entertainment franchises offer exactly that – with a growing market and increased demand from parents and community members, a family entertainment franchise is a great addition to any portfolio.
Keep reading to learn more about investing in a family entertainment franchise.
What is a family entertainment franchise?
A family entertainment franchise is a full-service indoor entertainment that offers a wide variety of activities, such as laser tag, rock climbing, trampolines, arcades, etc. The range of activities caters to a large customer demographic, attracting parents, teens and children from across the community.
Why invest in a family entertainment franchise?
There are several benefits of investing in a family entertainment franchise. One of the biggest reasons to invest is the growing family entertainment market. The market was most recently valued at $41 billion in 2022 and is projected to reach $140 billion by 2032, according to Persistence Market Research.
The investment is also good for the community and the families within it. Not only do family entertainment franchises bring in profit, but they also provide a safe, clean and fun atmosphere for families of all ages to enjoy time together. Parents are always looking for ways to get kids away from screens, and indoor family entertainment spaces promote movement and socialization through engaging activities.
How lucrative is this franchise?
Investing in your community is a great goal, but you ultimately want your business to be successful and profitable. So, you may be wondering, how much money can I make as a family entertainment franchise owner?
Although we have an industry benchmark, the exact answer boils down to the brand’s most recent franchise disclosure document (FDD). The FDD’s Item 19 thoroughly breaks down the average profits generated from all their locations. While this doesn’t guarantee you the exact results, it demonstrates the robust model and proven blueprint that lays the foundation for your business.
How stable is a family entertainment franchise?
Given the wide customer age range, an indoor family entertainment park offers many revenue opportunities with activities available year-round. Birthday parties, summer camps, events, corporate outings, and other casual celebratory gatherings are some of the top revenue drivers, leaving ample opportunity to market your business to the community.
Start a Family Entertainment Center
Join the leader in family entertainment with Launch Entertainment. Our brand’s park customization allows franchisees to stand out in their communities with popular attractions, creating multi-revenue streams and standing out from the competition. To learn more about multi-unit opportunities and open territories, fill out our inquiry form and our team will be in touch.
REOCCURRING Revenue: How Our Family Entertainment Franchise Promotes Strong Returns
Investors continuously seek opportunities with diverse revenue streams that will provide multiple sources of income. That’s where family entertainment comes in – our innovative model offers multiple sources of income, 365 days a year.
Our Launch Entertainment franchise owners benefit from a strong system-wide average unit volume (AUV) of $2,035,472,* a testament to the strength of our proven model.
Let’s dive into Launch Entertainment’s multiple revenue streams:
- A Diversified Attraction Mix
With trampolines, dodgeball, laser tag, virtual reality, a ropes course, and more, we have every indoor activity under one roof. With customized industry-leading attractions and value pricing, we are here to deliver a premium experience. Our diversified attraction mix offers fun for all ages, bringing in birthday parties, private group events, and other ongoing programs to drive customer traffic and repeat visits to enhance our franchisees’ bottom line.
2. Extended Experience with Premium Bar and Restaurant
To further drive customer spend, our Krave in-house restaurant and premium bar add to the Launch experience while increasing add-ons to propel profit. Available in our latest park model, customers can create their own pizza, salad, and ice cream, or choose from our menu of signature items.
3. Sizeable Customer Demographic
Fueling revenue is our extensive customer demographic – unlike other trampoline franchise concepts, our entertainment empire boasts something for everyone from toddlers to adults. Our sales team builds custom events for corporate teams, youth clubs, sports leagues, college fraternities or sororities, school fundraisers… the list goes on. Our franchisees benefit from a wide customer demographic to fuel year-round revenue.
Tap into the $40 billion family entertainment industry. Learn more about franchising opportunities with Launch Entertainment.
*Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. An offer is made only by a Franchise Disclosure Document (FDD). Launch Trampoline Park franchises will not be sold to any resident of any state until the offering has been exempted from the requirements of, or duly registered in and declared effective by, such state and the required FDD (if any) has been delivered to the prospective franchisee before the sale in compliance with applicable law. Currently, certain states and countries regulate the offer and sale of franchises. In the U.S., states that regulate the offer and sale of franchises include California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you reside in one of these states, or even if you reside elsewhere, you may have certain rights under applicable franchise laws or regulations.