Urban Air Adventure Park FDD – Franchise Information, Costs and Fees
Type of Business
As a franchisee of Urban Air Adventure Parks, you will operate an adventure park that serves as a venue for recreational activities, birthday parties, and other group events, and that features attractions that will include some or all of the following: trampolines, foam pits, warrior/ninja courses, soft play, climbing walls, pro zone, ropes courses, Sky Rider®, indoor skydiving, dodge ball, rock climbing, digital climbing walls, arcades, bowling, bumper cars, whirly ball, mini golf, laser tag, spin zone, go karts, virtual reality, eSports, action cam, or related activities under the name Urban Air Adventure Park.
UATP MANAGEMENT, LLC is a Texas limited liability company, formed on May 31, 2013. Their principal business address is 2350 Airport Freeway, Suite 505, Bedford, Texas, 76022. They have been offering franchises since May 2013.
The total investment necessary to begin operation of a Version 2.0 Urban Air Adventure Park franchise ranges from $3,380,908 to $5,684,158. This includes $1,436,000 to $1,551,000 that must be paid to the franchisor or an affiliate. The total investment necessary to begin operation of a Version 2.5 Urban Air Adventure Park franchise ranges from $5,265,908 to $7,242,658. This includes $1,436,000 to $1,551,000 that must be paid to the franchisor or an affiliate.
If you qualify, the franchisor may offer you the opportunity to purchase an Urban Air Adventure Park that franchisor’s affiliate has partially developed as part of its corporate seeded development program. In addition to the above figures and fees paid, you will also pay a nonrefundable earnest money deposit of $250,000 that must be paid to the franchisor or affiliate.
The franchisor may offer to enter into a development agreement to establish and operate up to three Urban Air Adventure Parks at specific locations under individual franchise agreements. The development fee is $185,000 for two Urban Air Adventure Parks and $260,000 for three Urban Air Adventure Parks. Your estimated initial investment will vary based on the number and type of Urban Air Adventure Parks locations to be developed.