FranchiseVerdict
Altitude Trampoline Park logo
FV-00108·MODERATEExcellent100

Altitude Trampoline Park

OtherFranchising since 2019Website
Investment
$2.1M – $3.5M
95th pct Other
Avg revenue
$2.0M
42nd pct Other
Royalty
6.0%
17th pct Other
Units
81
73rd pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $2.1M – $3.5M including a $65K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $2.0M/year (median $1.9M). Estimated payback in 5.6 years.
  • Rated MODERATE with a risk score of 63/100. SBA loan default rate of 0.0% across 72 loans (below the industry average).

Item 1 · who you're contracting with

The Franchisor

Legal entity
ATP Franchising, LLC
Parent company
ATP Holding Company, LLC
Incorporated in
Delaware
HQ
12222 Merit Drive, Suite 1300, Dallas, Texas 75251
Auditor
Bennett Thrasher LLP
Audited financials
Franchisor revenue
$9.6M
vs $10.2M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Altitude Trampoline Park unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,045,001
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $2.1M–$3.5M
Working capital
$
FDD reports $200K–$200K

Unlevered ROIC · per unit

10%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$307K
EBITDA margin
15.0%
Total invested
$3.0M
Payback
117 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Altitude Trampoline Park units return on equity?

Edit assumptions

Equity IRR · 5-yr

32.5%

4.09× MOIC

Year-1 DSCR

2.48×

EBITDA ÷ debt service

Equity required

$6.5M

on $16.4M purchase

Total debt

$9.9M

SBA $5.0M + senior + seller note

SBA 7(a) request ($8.2M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate indoor trampoline parks offering recreational jumping, dodgeball, foam pits, and fitness classes for children and adults. Daily operations include facility management, staff supervision, safety compliance, equipment maintenance, birthday party and event bookings, and membership/walk-in customer service.

CEO
Christopher Kuehn
Founded
2018
FDD year
2026
States available
25

Item 7 · what it costs

The Vitals

Total investment
$2.1M – $3.5M
All-in to open one unit
Liquid capital
$200K – $200K
Cash you must have on hand
Franchise fee
$65K
Royalty
6.0%
percentage of gross sales · typical 6–8%
Ad fund
2.0%
typical 3–5%
Total fee load
8.0%
vs 9–13% typical
Payback period
5.6 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$2.0M
Per unit, per year
Median gross sales
$1.9M
Item 19 type
Gross Sales, COGS, Payroll, and EBITDA
Sample size
64 units
vs category median 20 · large
Range (low → high)
$716K$3.8M
Cohort dispersion
Transparency
10 / 5
vs category median 3 / 5 · above
Revenue rank42th
vs Other peers
Investment cost rank95th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank73th
vs Other peers
Risk score rank55th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
81
Opened
5
Last reporting year
Closed
3
Turnover rate
3.7%
Company-owned
10
Corporate units in the system
% franchised
88%
vs corporate-owned
Net growth (yr3)
+2.9%
Net unit change last year
3-yr CAGR
+7.6%
Compounded over last 3 years
2024
71+1
Franchised units
2025
69
Franchised units
2026
66
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 25 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 25 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
72
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

63
Risk · 0-100
MODERATE63 / 100

Altitude presents HIGH RISK due to stagnant unit growth, active litigation including fraud allegations, thin profit margins relative to capital investment, and lack of financial performance disclosures.

Score breakdown · what drove the 63 / 100 rating

  1. 01MINORStagnant unit growth at 2.9% YoY with only 81 locations suggests market saturation or franchisee underperformance
  2. 02MINORMultiple active personal injury lawsuits and pending arbitration indicate systemic liability exposure and potential operational/safety issues
  3. 03MINORHigh capital requirement ($2.1M-$3.5M) paired with modest average net income ($502K) yields 4-7 year ROI with compressed margins after 6% royalties
  4. 04HIGHLitigation history includes fraud allegations and misrepresentation claims, raising concerns about franchisor transparency and agent practices
  5. 05MINORNo Item 19 financial performance representation limits ability to validate claimed $2M average revenue across franchisee population
  6. 06HIGHGoing Concern status of 'False' is ambiguous; clarification needed on franchisor financial stability

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
8
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Optional
Governing law
Delaware

Item 11

Training & Operations

Classroom training
14 hrs
On-the-job training
66 hrs
POS system
Roller Software
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

89 numbers

Locked
(602) 522-••••
AZ
(916) 813-••••
CA
(847) 983-••••
IL

One-time purchase · CSV download · Validation questions included

FDD download

Altitude Trampoline Park · FDD (2026) PDF

Single-page checkout · instant download · CSV export of contacts available separately above