Last Updated on July 22, 2012 by DeanR
BounceU Franchise Information
BounceU is a franchise for an inflatable party professional. It was founded in 2003 and started franchising in 2004. BounceU is a place with inflatable houses.
They are also party planners and can plan anything from a birthday party to any gathering for a group of people who just wants to celebrate any occasion. It was founded by parents and they designed the facility to be safe and always upbeat. They also include interactive activities facilitated by their knowledgeable staffs. Their goal is to make every party unique and memorable for everyone.
What kind of parties do BounceU offer?
They have several kinds of kid’s birthday party packages. Their all inclusive package is called Specta-U-Lar Kid’s Birthday Party. It includes a cake, pizza, private bounce stadium, own party room, invitations, and goodie bags. Second to that is the Premier Kid’s Birthday Party Package. This is what they consider the “U-build it your way!” package. You will enjoy your own private party area, private inflatable, music and anything you want to add to it. Then there’s the U-Junior Kid’s Birthday Party Package. This is designed for smaller groups. In this package, you’re provided your own private party area and inflatable.
They did say that they do more than birthday parties. They have the Team Bounce Parties designed to end the season with a celebration. It includes video games and food. Then there’s the BounceU Fundraisers as a Unique Fundraising Idea. They designed this in such a way that a portion of proceeds will go directly to your organization. They also have party planners who can help your fundraiser become a success. You can also do a Bouncing Field Trip. This package aims to develop kid’s socialization skills. Another is the Holiday Bounce Parties. It’s great for annual reunions. They also have the Invite U’r Group to a BounceU Party. Designed for clubs whether it be chess club, scouts, or church groups, the will design a party for you.
Costs and Requirements Associated with Running a BounceU Franchise?
You need to have a net worth of at least $450,000 and a total liquid asset of $75,000. Expect to be investing about $127,000 to $625,000. The BounceU franchise fee is $40,000 with an on-going royalty fee of 6%. This is for a renewable 10 year term agreement. They require a general business experience. You will need about 20 employees to run one location. They allow absentee ownership and currently, 80% of franchisees operate their own location. They also allow multi-unit ownership. About 40% of current franchisees own more than one unit.
What’s included in the franchise package?
There will be 4 days training at the BounceU headquarters and 2 days at your location. You will be receiving newsletters and a toll free phone number. There will be assistance at the grand opening. You will also be attending meetings. You will be given access to the internet and purchasing cooperatives. Expect occasional field evaluations to track your location’s progress. For BounceU marketing, there will be co-op advertising, ad slicks, regional advertising, and national media.
BounceU Contact Details
You May Reach Them At:
Address: 1860 West University Dr., Suite #108 Tempe, Arizona 85281
Phone: (480) 371-1200