Altitude Trampoline Park Announces Mike Stout as Vice President of Franchise Development

By: Altitude Trampoline Park | 0 Shares 376 Reads

February 07, 2024 // Franchising.com // Dallas, Texas - Altitude Trampoline Park has announced the appointment of Mike Stout as the company’s Vice President of Franchise Development, effective immediately. In this role, Stout will utilize his extensive experience to lead the brand’s franchise recruitment, real estate, and construction initiatives.

“With our former Vice President of Development, Robert Morris, bringing his talents to Altitude’s newest sister brand, The Pickle Pad, we saw the perfect opportunity to bring Mike’s impressive track record and invaluable expertise to the brand. We believe Mike’s skills will be instrumental in growing our franchise recruitment initiatives,” said Mike Rotondo, CEO of Altitude Trampoline Park. “The past several years it is crucial for us to expand our leadership team with industry experts, like Mike. He is a seasoned leader known for delivering strong business results and fostering meaningful connections with franchisees, and we’re eager to bring his strategic vision for growth to Altitude.”

Bringing more than three decades of domestic and international franchising experience, Stout has a history of implementing successful growth strategies. His leadership has played a key role in the opening of over 1,500 units spanning multiple continents and industries. Prior to Altitude, Stout held senior franchise and business development roles with companies including Shipley Do-Nuts, Save-A-Lot Food Stores, Papa John’s, Carl’s Jr. and Hardee’s. An expert in the franchise industry, Stout has led development teams in the areas of growth initiatives, franchise recruitment, site selection, and construction. Stout will bring his expertise to Altitude to assist in refining the brand’s growth strategies as the brand continues to expand worldwide.

“I am honored to join Altitude’s exceptional team and to work closely with the brand’s current and prospective franchisees. 2023 was a pivotal year for Altitude, with 25 deal signings, and we are already gaining notable momentum in 2024 with 12 planned park openings,” said Mike Stout. “Altitude’s business model provides an enticing investment opportunity for franchise candidates, offering safe, family-fun attractions, a diversified mix of revenue streams including its membership program and private event packages, and significant growth potential across the nation. I believe Altitude presents a strong value proposition, and I look forward to working with new franchise candidates who are passionate about being involved in their communities and providing a go-to destination for family-friendly fun.”

Altitude Trampoline Park is owned by Indoor Active Brands, a platform company that focuses on indoor entertainment concepts.

SOURCE Altitude Trampoline Park

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