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Share TSF 077: Fly, Dive, Flip, and Bounce. Why Urban Air Adventure Park Franchisees are Jumping For Joy (And Profitability) with Michael Browning CEO.
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TSF 077: Fly, Dive, Flip, and Bounce. Why Urban Air Adventure Park Franchisees are Jumping For Joy (And Profitability) with Michael Browning CEO.
Today I am speaking with Michael Browning CEO of Urban Air Adventure Park. If you haven’t heard about Urban Air, don’t worry you will soon. With a total of 600 locations to be opened in the next 4 years, they are taking FUN to a whole new level.
If the name didn’t already give it away Urban Air Adventure Park is offering indoor skydiving, wind tunnels, coasters, rock climbing, a quick service restaurant; ohhh and did I mention they have trampolines (fun fact I can do a front flip). Michael says it’s like having Disneyland in your backyard (not to mention..it’s way more affordable for families).
What you will learn:
- Business Model
- How the QSR (quick service restaurant) drives revenue into the door
- Investment Required
- 3 largest expenses in this business
- Value of the business when it’s time to sell ( multiple of EBITDA)
- How data drives business growth (customer profile)
- Customer base and target market
- How site selection and real estate works
- Events
- How Urban Air focuses on giving back
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By Jessica Dhillon: Franchisee, Franchise Authority, Business CoachToday I am speaking with Michael Browning CEO of Urban Air Adventure Park. If you haven’t heard about Urban Air, don’t worry you will soon. With a total of 600 locations to be opened in the next 4 years, they are taking FUN to a whole new level.
If the name didn’t already give it away Urban Air Adventure Park is offering indoor skydiving, wind tunnels, coasters, rock climbing, a quick service restaurant; ohhh and did I mention they have trampolines (fun fact I can do a front flip). Michael says it’s like having Disneyland in your backyard (not to mention..it’s way more affordable for families).
What you will learn:
- Business Model
- How the QSR (quick service restaurant) drives revenue into the door
- Investment Required
- 3 largest expenses in this business
- Value of the business when it’s time to sell ( multiple of EBITDA)
- How data drives business growth (customer profile)
- Customer base and target market
- How site selection and real estate works
- Events
- How Urban Air focuses on giving back