Hyper Kidz

Indoor play areas
Investment
$748,633
Initial Franchise Fee
$42,500
Units
8
Growth Rate
+166.7%

Overview

Industry
Recreation
Founded
2018
Franchising Since
2018
Parent Company
Boomerang LLC
Leadership
Chinna Gudapati, CEO
# of Employees at HQ
10

Units and Growth Chart

Investment Details

Initial Franchise Fee
$42,500
Initial Investment
$748,633 - $1,799,833
Net Worth Requirement
$2,500,000
Cash Requirement
$300,000
Royalty Fee
6%
Ad Royalty Fee
2%
Technology Fee
$290/mo.
Term of Agreement
10 years
Is Franchise Term Renewable?
Yes
Financing
N/A
Veterans Incentive
10% off franchise fee

Available Territories

Franchising opportunities available in the following regions

United States

States

Alabama Arizona Colorado Connecticut District of Columbia Delaware Florida Georgia Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Michigan Minnesota Missouri Mississippi North Carolina New Hampshire New Jersey New Mexico Nevada Ohio Pennsylvania South Carolina Tennessee Texas Utah Virginia Washington Wisconsin West Virginia

Training & Support Programs

Comprehensive training and ongoing support to help you succeed

Training

On the Job Training
24 hours
Classroom Training
16 hours

Ongoing Support

Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform

Marketing Support

National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations & Requirements

Key operational details and requirements for running this franchise

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
2
Are exclusive territories available?
No

Ranking History

Hyper Kidz performance in the Franchise rankings over recent years

No data available at this time.

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022