Defy FDD – Franchise Information, Costs and Fees
Type of Business
DEFY businesses are indoor trampoline and entertainment parks geared toward customers seeking the freedom to engage in stunts and tricks at facilities offering extreme indoor air sports, including trampolines, obstacle courses, foam pits and competition.
House of Trix, LLC is a limited liability company formed under Delaware law on July 28, 2017. Their principal business address currently is 86 N. University Avenue, Suite 350, Provo, Utah 84601. They began offering DEFY franchises in October 2018.
The total investment necessary to begin operation of a new DEFY Park ranges from $2,650,700 to $4,207,600. This includes $890,500 to $1,315,000 that must be paid to the franchisor or its affiliate. This estimated initial investment also applies to the first location that you develop under the Multi-Unit Development Agreement (plus the Multi-Unit Development Fee you pay at the time you sign the Multi-Unit Development Agreement). If you sign a Multi-Unit Development Agreement, you will pay a Multi-Unit Development Fee of $60,000 for your first location plus $40,000 for each additional location you want to secure. Typically, the minimum number of units to purchase a Multi-Unit Development is 3 locations, but the franchisor may offer a 2-unit Multi-Unit Development Agreement. The total investment necessary to purchase a 3-unit Multi-Unit Development and open your first facility ranges from $2,732,800 to $4,289,700. This also includes $970,500 to $1,395,000 that must be paid to the franchisor or its affiliate.