Description of the business for sale
This is an exciting franchise opportunity that truly lets you go "where the fun is". Among the attractions available are the mechanical bull, rock climbing, and inflatable slides. Each franchisee will receive training, support, and startup assistance with administrative matters. This is primarily a cash business.
New Heights can provide you with the equipment and management expertise to operate your own company.
We represent the manufacturers of all the products you see on our web site. But we are in the business of operating these products and can offer you expertise in forming your own company.
Services we can provide:
Equipment Acquisition
Market Development and Sales Strategies
Logos, Web Site, Signage
Contracts
Training at your site on events
Liability Insurance
Safety Checklists Programs
General Business Management and Development Assistance
Events for you to operate your equipment
Initial expected revenues of $75,000-$100,000. Franchise fee is $6,000 with 5% fee of gross sales as royalty. Initial costs of $15,000 for mechanical bull, $4,000 for liability insurance and trailer for equipment is suggested.
Initial Financial Obligation
$6,000 Fee to become a New Heights operator, paid at inception
$15,000 To purchase a new modern version of the Mechanical Bull (May have a used one for about $12,000)
$3,500 Annual premium for liability insurance.
$2,000 For a trailer to haul the bull around in, and to keep it secure when not in use (Long term you will want a trailer, you could begin using a uhaul, or a pick up truck. I have even hauled one in the back of a Suburban.
$500 for miscellaneous items such as business cards, marketing materials and similar items
Total $26,000
Not all of this needs to be paid up front. I recommend you pay the Bull off over 2-3 of years. With approved credit I can direct you to companies that will offer financing.
Other Costs you will have
5% of gross sales to New Heights
Cost t
Description of the facilities
Furniture, fixtures, and equipment = 0
Furniture, fixtures, and equipment included: N