Does Launch Entertainment Fit Your Investment Portfolio?
The Launch Entertainment franchise opportunity is well-matched for a variety of investors, especially those who are looking to diversify their portfolio with a multi-revenue stream business model.
Wondering if you’re a fit for franchising in the growing family entertainment industry? Take our short quiz below to find out!
Q&A: How Launch Utilizes Second-Gen Real Estate
As a forward-thinking brand, Launch Entertainment’s strategic and sustainable decision to repurpose existing commercial spaces for our franchise locations continues to set us apart as an innovative leader in the family entertainment industry.
Hear from John Day, a member of our experienced real estate team, on why Launch Entertainment chooses this approach and how it provides a win-win situation for both the company and its franchisees in the exclusive Q&A below:
What is tenant improvement, and how will Launch help me negotiate?
JD: Tenant improvement is an agreement between Launch and the landlord concerning the space we rent meeting the standards to start moving in equipment, or the landlord will compensate the tenant for any improvements needed.
Our experienced real estate team will be with you every step of the way, from tours to signing, helping you negotiate tenant improvement.
What is the ‘Amazon Effect?’
JD: The ‘Amazon Effect’ has led to the shutdown of many stores, but experiential entertainment, like we’ve built at Launch, is something families can’t recreate online. Plus, customers are willing to travel twice the distance to visit entertainment concepts compared to standard retail locations. With Launch, your business is Amazon-proof.
Will I be able to secure a location for my Launch? It seems like a lot of big box retailers are closing.
JD: Though the closing of some big box companies might lead you to believe this isn’t the best time to invest in Launch-sized real estate, the second-generation real estate market is hot right now! Landlords love the Launch name and its “eatertainment” value—our team can even help you compete for the right space for your Launch.
How much of the real estate negotiations will I be involved in?
JD: Though Launch handles negotiations between landlords and franchisees, we review everything with our franchise partners. We guide each franchisee from the bottom to the top of the mountain and provide them with all the tools they need to get their Launch up and running.
Launch Entertainment’s strategic use of second-generation real estate demonstrates our innovative thinking, adaptability, and dedication to creating a streamlined and efficient franchise development process. Join our thriving franchise network and capitalize on the growing demand for family-oriented entertainment!
About John Day
John began his real estate career in 2007. Before joining Venture, his real estate career took him all over the country. John started his career with Judge Fite Commercial, working Landlord and Tenant representation and land sales. In 2011, John switched sides of the business after being recruited by Spirit Halloween as the Senior Manager of Real Estate. John also spent time in-house as the Director of Real Estate at Tuesday Morning.
In 2017, John returned to brokerage with The Weitzman Group as Vice President of Portfolio Leasing, responsible for overseeing the leasing team for the JV Portfolio, formerly Cencor. John then took a master broker role representing Altitude Trampoline Park nationally. He played an integral role in the national placement strategy and site selection process for the franchisees, identifying over 500 big box locations throughout the country. John has seen almost every big box vacancy in the country—a fact that he is not sure if he is supposed to be proud of or slightly embarrassed.
Balancing Rapid Growth with Franchisee Satisfaction
In the fast-paced world of family entertainment, Launch is making waves with our rapid growth and evolution. From our humble beginnings in Rhode Island to a thriving franchise network, Launch has demonstrated an unwavering commitment to maintaining the highest standards of franchisee support and satisfaction. By leveraging our innovative concepts, dynamic marketing strategies, and strong operational infrastructure, Launch continues to captivate audiences and propel franchise growth while keeping each franchisee’s success at the heart of our expansion efforts.
Franchisees are the backbone of any franchise network, and their satisfaction is crucial for the long-term success of the company. To ensure franchisee satisfaction, Launch maintains a strong and transparent line of communication with our franchisees. This open dialogue fosters a sense of partnership and creates a space to address our plans for growth, market strategies, and any new brand initiatives.
Additionally, Launch Entertainment provides comprehensive training and ongoing support to our franchise owners. From the initial onboarding process to continuous coaching and mentoring, Launch invests in the success of our operators—just like they’ve invested in our brand. By equipping them with the necessary tools, knowledge, and resources, Launch Entertainment provides our franchisees with the skills to deliver exceptional customer experiences and manage their operations effectively.
Launch manufactures our trampoline equipment and attractions, giving us flexibility with park layout and attraction creation. However, franchisees are provided with detailed brand guidelines and operational manuals, ensuring that the Launch Entertainment experience is consistent from one location to another, while still providing the opportunity for park customization to bring the perfect attraction mix to that specific market.
One of the key factors that contribute to Launch Entertainment’s success is our ability to adapt and expand quickly without losing sight of individual franchisees’ success. This rapid growth has allowed Launch Entertainment to establish our brand as a market leader, attracting investors and franchisees looking to tap into the entertainment industry.
By prioritizing the needs of franchisees, providing comprehensive support, maintaining clear communication, and implementing a strategic approach to growth, Launch Entertainment ensures that our franchise network remains engaged, motivated, and satisfied with their investment. As we continue to expand our footprint, Launch sets a prime example of how rapid growth and franchisee satisfaction can go hand in hand, ensuring a bright future for the company and its franchisees.
The Rise of Tech-Based Attractions
Technology has revolutionized the entertainment industry, and nowhere is this more apparent than in entertainment parks and attractions like those at Launch Entertainment.
In recent years, there has been a significant rise in the number of tech-based attractions at entertainment parks, and this trend shows no signs of slowing down. From virtual reality experiences to augmented reality games, technology has become an essential part of the entertainment park experience and a major contributor to the Launch’s unique, lucrative business model.
Immersive Experiences Drive Traffic and Renewed Growth
One of the benefits of tech-based attractions is that they can be easily updated and modified. With traditional games and attractions, it can be difficult and expensive to make changes or updates. However, with tech-based attractions, updates can be made remotely, and new experiences can be created quickly and efficiently. This allows entertainment parks to keep their offerings fresh and exciting for returning guests, while being efficient for operators to keep their parks on the cutting edge.
Plus, tech-based attractions offer an opportunity for parks to collect data on their guests. By tracking guest behavior and preferences, parks can tailor their offerings to meet the needs and desires of their guests. This data can also be used to improve the guest experience and increase guest satisfaction.
How Launch Stands out in Themed Entertainment
One of today’s most popular tech-based attractions is virtual reality, and with the advent of affordable VR headsets, entertainment centers have been able to offer immersive, interactive experiences that transport guests to new worlds.
At Launch Entertainment, we’re constantly innovating to meet consumer demand. With the addition of Launch’s Omniverse VR Arena to new and existing parks, guests are transported into a lifelike world on omnidirectional treadmills that allow them to walk, run, and rotate in 360 degrees as they explore.
It’s innovations like this that accentuate Launch Entertainment’s differentiators above and beyond any competitor comparison. Aside from our giant trampolines and VR immersions, each Launch is a year-round family entertainment center featuring ninja style obstacle courses, climbing walls, laser tag, battle pit, bowling, and more.
Launch’s diverse range of attractions creates a win-win scenario for our guests and franchisees. Our attractions are an ideal place for kids and adults alike to participate in active entertainment, driving repeat business for franchise owners. And, because Launch manufactures all of its own trampoline equipment and attractions, franchisees won’t be breaking the bank on equipment costs.
Guests are always searching for the newest, best experiences — as the world of new technologies evolves, Launch takes no shortcuts in innovating new resources and attractions to differentiate our concept from the competition.
Ready to launch? To learn more about multi-unit opportunities and open territories, fill out our inquiry form, and our team will be in touch.
Capitalize on Semi Absentee Franchising: Diversify Without the Time Commitment
What do a real estate investor, self-made entrepreneur and multi-unit investment group all have in common? More than enough passion and not enough time. The solution for this is semi-absentee franchise ownership.
Semi-absentee franchising opens up the opportunity to build a successful future with diversified investments. Here’s how to succeed as a semi-absentee franchise owner:
How do you succeed as a semi-absentee franchise owner?
Semi-absentee franchising typically allows the owner to enlist a manager to run the day-to-day operations onsite. Typically, semi-absentee franchise owners spend 10-15 hours a week working on the business. This lower time commitment offers unique flexibility, meaning owners can continue working a full-time job or diversify with other business investments.
This type of ownership works best for someone who can delegate and release control of the daily operations to their chosen manager. Selecting and training a manager that you can trust is key to success.
Let Your Portfolio Soar with a Launch Entertainment Franchise
At Launch Entertainment, our semi-absentee model means that franchisees can also focus on other projects or business ventures and while their Launch Park essentially runs itself. As an operator, you hire a general manager, assistant manager and sales manager to run the day-to-day procedures and ensure the business runs effectively.
Our state-of-the-art technology allows owners to access park sales and data remotely as well as our camera system. We also have a centralized call center to handle all inquiries and party bookings while our in-house marketing team plans and executes all marketing activities.
Many of our most successful Launch Entertainment operators are seasoned business executives and own several other businesses in their market. Like Arvish and Pinkal Patel, who have an extensive entrepreneurial background with several childcare franchises and other retail and convenience store businesses. Their skillset pairs well with Launch Entertainment ownership.
“We’ve owned and operated several concepts in the childcare and retail space, and when we started looking for our next business venture, Launch Entertainment stood out given its impressive model and diverse attraction mix,” said Patel. “With the support from the Launch corporate team, we are thrilled to be bringing Launch Entertainment to the communities that we’ve been serving for many years, and being able to offer a new full-service family entertainment concept to Edison.”
Let your portfolio soar with semi-absentee franchising. To learn more about multi-unit opportunities and open territories, fill out our inquiry form, and our team will be in touch.
What You Need to Know About Family Entertainment Franchises
Some of the most strategic entrepreneurs seek business ownership through franchising. However, it’s most important that you find one that is both lucrative and rewarding for you financially and personally.
Family entertainment franchises offer exactly that – with a growing market and increased demand from parents and community members, a family entertainment franchise is a great addition to any portfolio.
Keep reading to learn more about investing in a family entertainment franchise.
What is a family entertainment franchise?
A family entertainment franchise is a full-service indoor entertainment that offers a wide variety of activities, such as laser tag, rock climbing, trampolines, arcades, etc. The range of activities caters to a large customer demographic, attracting parents, teens and children from across the community.
Why invest in a family entertainment franchise?
There are several benefits of investing in a family entertainment franchise. One of the biggest reasons to invest is the growing family entertainment market. The market was most recently valued at $41 billion in 2022 and is projected to reach $140 billion by 2032, according to Persistence Market Research.
The investment is also good for the community and the families within it. Not only do family entertainment franchises bring in profit, but they also provide a safe, clean and fun atmosphere for families of all ages to enjoy time together. Parents are always looking for ways to get kids away from screens, and indoor family entertainment spaces promote movement and socialization through engaging activities.
How lucrative is this franchise?
Investing in your community is a great goal, but you ultimately want your business to be successful and profitable. So, you may be wondering, how much money can I make as a family entertainment franchise owner?
Although we have an industry benchmark, the exact answer boils down to the brand’s most recent franchise disclosure document (FDD). The FDD’s Item 19 thoroughly breaks down the average profits generated from all their locations. While this doesn’t guarantee you the exact results, it demonstrates the robust model and proven blueprint that lays the foundation for your business.
How stable is a family entertainment franchise?
Given the wide customer age range, an indoor family entertainment park offers many revenue opportunities with activities available year-round. Birthday parties, summer camps, events, corporate outings, and other casual celebratory gatherings are some of the top revenue drivers, leaving ample opportunity to market your business to the community.
Start a Family Entertainment Center
Join the leader in family entertainment with Launch Entertainment. Our brand’s park customization allows franchisees to stand out in their communities with popular attractions, creating multi-revenue streams and standing out from the competition. To learn more about multi-unit opportunities and open territories, fill out our inquiry form and our team will be in touch.