Altitude Trampoline Park Recognized as a Top Family Entertainment Brand On Entrepreneur Magazine’s 44th Annual Franchise 500® List
Making Its Debut, Active Family Entertainment Franchise Flies High Above Competitors
February 01, 2023 // Franchising.com // ATLANTA – Altitude Trampoline Park, one of the world’s largest family entertainment brands, announced today that it made the Entrepreneur Magazine’s Franchise 500® list, considered the best and most comprehensive franchise ranking in the world. As one of only two indoor entertainment brands to make the list, Altitude’s debut on the list is a testament to the momentum behind its franchise opportunity in 2023.
The ranking earned by Altitude Trampoline Park highlights the successful growth made by the brand in the past year. In 2022 alone, Altitude opened locations in nine new markets, bringing the brand’s total number of parks to nearly 90 in communities across the United States.
“This past year has firmly solidified Altitude’s status as one to watch in the family entertainment franchise segment,” said Mike Rotondo, CEO of Altitude Trampoline Park. “With a momentous rebound from the past two years, the brand continues to be infused with new energy. Our success would not have been possible without our network of skilled operators, franchise owners and Support Center, all of whom worked tirelessly to push Altitude to the max and beyond. This award is an indication of what this brand is capable of, and I can’t wait to see where 2023 will take us.”
In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.
“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”
Calling upon celebrating all of life’s joyous moments through active, energetic spirit, Altitude Trampoline Park is uniquely positioned to be a home for exhilaration, personal and social growth and wellness. As the only active indoor entertainment park primarily focused on the 3- to 12-year-old age groups, Altitude embraces gravity-defying fun mixed with learning new skills, building confidence, and pushing oneself to exhilarating new heights. The distinctive Jump Life!? branding references a state of mind for those who embrace fun, happiness and freedom.
Throughout 2022, Altitude Trampoline Park signed 17-plus agreements to bring active family fun to new markets across the country. In 2023, the brand is projected to open 15 new parks and has a goal of signing an additional 41 units.
Experienced entrepreneurs interested in becoming a part of the Altitude Trampoline Park team should be able to invest $1,620,500 and $2,611,500, that includes working capital and an average franchise fee of $40,000. franchise owners should be individuals or teams desiring to have a positive impact on their community, as well as experienced business leaders that love kids and want to promote active family fun. Altitude Trampoline Park is also a member of the VetFran program, which allows military veterans to receive 50% off of their franchise fee.
In the 44 years since its first release, the Franchise 500® list has become not only a competitive measure for franchisors, but also a primary research tool for those interested in franchising. Altitude Trampoline Park’s position on the list is indicative of its success as a franchise company.
To view Altitude Trampoline Park in the full ranking visit: www.entrepreneur.com/franchise500.
To learn more about Altitude Trampoline Park, visit www.altitudetrampolinepark.com.
For more information about franchising with Altitude Trampoline Park, visit www.altitudefranchise.com.
SOURCE Altitude Trampoline Park
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