Urban Air Adventure ParkFranchise Cost, Revenue & Review 2026
Data from FDD filing + SBA 7(a) records
FranchiseVerdict summary · 2026
A Urban Air Adventure Park franchise requires a total initial investment of $3.1M – $8.4M, including a $100K franchise fee and an ongoing 7.0% royalty[2]. Per the 2025 FDD, average unit revenue was $7.3M[2]. SBA 7(a) loans show a 4.6% charge-off rate across 145 loans[1]. Verdict grade: A. Run a live ROI scan →
Data last verified June 18, 2026 · figures per the 2025 FDD issuance
Overview
- Investment
- $3.1M – $8.4M
- 42nd pct Recreation & …
- Avg gross sales
- $7.3M
- 23rd pct Recreation & …
- Royalty
- 7.0%
- 18th pct Recreation & …
- Units
- 197
- 42nd pct Recreation & …
- SBA default
- 4.6%
- system-wide median varies by category
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = >15% above Recreation & Entertainment avg · No shading = within ±15% · Red = >15% below avg · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- Total investment $3.1M – $8.4M including a $100K franchise fee, 7.0% ongoing royalty.
- Average unit revenue of $7.3M/year, with an estimated 13% cash-on-cash return (based on EBITDA).
- Verdict A (Top Quintile) with a risk score of 40/100. SBA loan charge-off rate of 4.6% across 145 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2024).
- System growing at 19.9% CAGR over 3 years with 197 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
- Legal entity
- UATP Management, LLC
- Parent company
- Unleashed Brands, LLC
- Incorporated in
- TX
- HQ
- 2350 Airport Freeway, Suite 505, Bedford, Texas 76022
- Auditor
- Deloitte & Touche LLP
- Audited financials
- Franchisor revenue
- $151.5M
- vs $194.7M prior year
Overview
About
Franchisees operate indoor adventure parks featuring attractions such as trampoline courts, ropes courses, climbing walls, and arcade games targeting families and youth. Day-to-day operations include facility management, staff scheduling, customer safety compliance, marketing, birthday party and event coordination, and maintenance of mechanical attractions.
- CEO
- Michael Browning, Jr.
- Headquarters
- TX
- Founded
- 2013
- FDD year
- 2025
- States available
- 38
FDD Item 7 · 2025 filing
Initial investment breakdown
| Cost component | Low | High |
|---|---|---|
| Initial franchise fee | $100K | $100K |
| Working capital (3–6 mo) | $120K | $240K |
| Equipment, build-out, other | $2.9M | $8.0M |
| Total initial investment | $3.1M | $8.4M |
Source: Urban Air Adventure Park 2025 FDD, Items 5 and 7[2]. “Equipment, build-out, other” is computed as total minus disclosed line items above.
Single-unit · estimated
Returns at a glance
Indicative numbers using FDD Item 7 / Item 19 inputs and category-benchmarked cost ratios. Full single-unit, 25-unit portfolio, and LBO models (with every input editable to stress-test your own scenario) live on the financials page.
Store EBITDA · annual
$799K
11.0% margin
Unlevered ROIC
13%
EBITDA / total invested capital
Payback
7.4 yrs
cash-on-cash, unlevered
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $3.1M – $8.4M
- Near category avg vs category
- Liquid capital req'd
- $120K – $240K
- Near category avg vs category
- Franchise fee
- $75K – $100K
- Near category avg vs category
- Royalty
- 7.0%
- Gross Sales · typical 6–8%
- Ad fund
- 5.0%
- typical 3–5%
- Total fee load
- 12.3%
- vs 9–13% typical
- Payback period
- 7.4 yrs
- From FDD / Item 19
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 5.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $50K |
| Renewal fee | $50K |
| Total fee load | 12.3% of rev |
At 12.3% total fee load, roughly $890K per year goes to the franchisor before you pay a single operating expense.
Financial Performance
- Avg gross sales
- $7.3M
- Per unit, per year
- Median gross sales
- N/A
- Avg ebitda
- $772K
- Reported as EBITDA in FDD Item 19
- Cash-on-cash
- 13.4%
- Based on EBITDA / investment midpoint
- Item 19 type
- ebitda
- Sample size
- 148 units
- vs category median 5 · large
- Range (low → high)
- $1.2M→$13.3M
- Cohort dispersion (min → max)
- Transparency
- 10 / 5
- vs category median 4 / 5 · above
Compared against 176 Recreation & Entertainment brands
vs Recreation & Entertainment averages
How Urban Air Adventure Park Compares
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 197
- Opened
- 17
- Last reporting year
- Closed
- 3
- Turnover rate
- 1.5%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (yr3)
- +7.8%
- Net unit change last year
- 3-yr CAGR
- +19.9%
- Compounded over last 3 years
3-year detail · Item 20
- Transfers (3yr)
- 10
Year-over-year franchised unit counts and net change. Source: FDD Item 20.
Item 20 · 3 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).
States derived from franchisee contact records (FDD Item 20). Shows states with at least one current operator on file. Full state registration data (Item 12) will appear on a future FDD refresh.
SBA loan performance
Government records
SBA Loan Data
Aggregated from SBA 7(a) and 504 loan disclosures, public data unique to FranchiseVerdict.
- Total loans
- 145
- Loan volume
- $370.2M
- Median loan
- $2.4M
- 50th percentile
- Charge-off rate
- 4.6%
- rates vary by category · see methodology
Historical SBA 7(a) lending data, not predictive of future performance. How SBA charge-off rates are calculated
- Repayment rate (PIF)
- 95.4%
- 5-yr charge-off
- 0.0%
- Loans approved 2021+
- Active lenders
- 49
- Defaults
- 3
Vintage analysis
Urban Air Adventure Park charge-off rate by loan vintage
Explore lender portfolios on Bank Reports or regional data on State Reports.
Premium insight
SBA Lending Report
Deep-dive into Urban Air Adventure Park's SBA lending history: lender network, geographic footprint, interest rates, and more.
SBA Lending Report
- Principal loss rate and NAICS industry benchmark
- 10 lenders with concentration factor
- Per-state charge-off rates across 15 states
- Startup risk premium and job creation velocity
- 10-year lending trend
- SBA 504 real estate/equipment data
Instant access. No subscription.
Risk analysis
FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17
Risk & Legal
Urban Air presents moderate-to-high risk: litigation over royalties, regulatory compliance failures, thin unit growth, and marginal unit economics create a challenging investment landscape despite protected territory.
Audited financials (Item 21)
Yes · Deloitte & Touche LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
Score breakdown · what drove the 40 / 100 rating
- 01HIGHActive litigation with franchisees over royalty non-payment and breach of contract suggests systemic franchisor-franchisee conflict and potential cash flow problems at corporate level
- 02MINORRegulatory actions in Maryland and California regarding franchise disclosure indicate compliance failures and potential legal liability exposure for new franchisees
- 03HIGHModest unit growth (7.8% YoY) combined with high capital requirements ($3.1M–$8.4M) and litigation history suggests difficulty in unit recruitment and retention
- 04MINORAverage net income of $324,640 on $3.2M revenue (10.1% margin) is thin for an entertainment venue with $3.1M+ startup costs and 7% royalty drag, resulting in 5-9 year payback minimum
- 05MINORDispute with primary attraction installer (Leap of Faith Adventures) creates supply chain risk and potential cost increases for equipment and maintenance
- 06HIGHHigh franchise fee ($100,000) combined with litigation track record increases financial risk for new entrants with limited recourse
Severity inferred from the FDD text · not a regulatory classification
FDD Items 5, 6, 12, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Radius/Boundaries |
| Protected territory | Yes |
| Online sales rights | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Right of first refusalℹ | Yes |
| Termination notice | 30 days |
| Mandatory arbitration | Yes |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 6 |
Items 10, 11
Training & Operations
- Classroom training
- 95 hrs
- On-the-job training
- 82 hrs
Items 5 & 11
Franchisor Support
Item 20 · call current owners
Franchisee Contacts
5 owners to call
Name · phone · city · state. Extracted from FDD Item 20
FDD download
Urban Air Adventure Park · FDD (2025) PDF
Frequently asked questions
Frequently Asked Questions
How much does it cost to open a Urban Air Adventure Park franchise?
The total investment to open a Urban Air Adventure Park franchise ranges from $3.1M – $8.4M, with an initial franchise fee of $100K. This includes real estate, equipment, inventory, and working capital as disclosed in their Franchise Disclosure Document (FDD).
What do Urban Air Adventure Park franchise owners earn?
According to Item 19 of the Urban Air Adventure Park FDD, the average gross sales per unit is $7.3M. Note: this is gross revenue, not profit. Actual owner earnings vary based on location, operating costs, and management.
What is Urban Air Adventure Park's franchise failure rate?
Based on SBA 7(a) loan data, Urban Air Adventure Park has a charge-off rate of 4.6% across 145 loans, meaning 4.6% of franchise loans were charged off. Charge-off rates are one proxy for franchise risk, though they do not capture all closures. This data comes from FOIA-sourced SBA lending records.
How many Urban Air Adventure Park franchise locations are there?
As of their most recent FDD filing, Urban Air Adventure Park has 197 total units in the United States, including 161 franchised units and 4 company-owned units. 17 new units were opened in the latest reporting year.
Is Urban Air Adventure Park a good franchise to buy?
FranchiseVerdict rates Urban Air Adventure Park as a A-grade franchise with a risk score of 40 out of 100, based on our analysis of investment costs, revenue data, SBA loan performance, and growth trends. Our rating is based solely on publicly available FDD and government data; we recommend speaking with current franchisees before making any investment decision. This is not investment advice.
Data sourced from public FDD filings and SBA 7(a) FOIA records. Not financial advice.
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Data extracted from public FDD filings and SBA 7(a) loan disclosures (FOIA). This information is provided for research purposes only and does not constitute financial, legal, or investment advice. Verify all figures with the franchisor's current Franchise Disclosure Document before making any investment decision.