Urban Air Adventure Park Franchise Cost, Revenue & Review 2026
- Investment
- $3.1M – $5.8M
- Disclosed sales
- partial, no system average
- SBA charge-off
- 4.6%
- on 145 loans
Data from FDD filing + SBA 7(a) records
Analysis by FranchiseVerdict Research · Methodology
Urban Air Adventure Park is an entertainment franchise operating indoor adventure parks with trampolines, ropes courses, climbing, and arcades. Franchisees run a park managing attractions, safety, staff, parties, and admissions.
FranchiseVerdict summary · 2026
A Urban Air Adventure Park franchise requires a total initial investment of $3.1M – $5.8M, including a $100K franchise fee and an ongoing 7.0% royalty[2]. The 2025 FDD on file does not yield a unit-revenue figure we can publish. SBA 7(a) loans show a 4.6% charge-off rate across 145 loans[1]. FranchiseVerdict grade: A (Strongest tier), an editorial assessment, not investment advice. Run a live ROI scan →
Sources, dates and evidence
FDD issued: · Data extracted: · Last cited check: · Staleness risk: medium - issued 12 to 24 months ago; a newer filing is likely on file
Evidence: strong✓ Investment (Item 7)✓ Item 19 status✓ Units and owners (Item 20)✓ SBA loan coverage✓ Litigation (Item 3)✓ Financial statements (Item 21)✓ Franchisor identityhow this is scored6 of 6 headline figures on this page cite a page of the filing.
Overview
- Investment
- $3.1M – $5.8M
- 52nd pct Recreation & …
- Avg gross sales
- N/A
- Outlet subset
- Royalty
- 7.0%
- 26th pct Recreation & …
- Units
- 197
- 51st pct Recreation & …
- SBA charge-off
- 4.6%
- % of SBA 7(a) loans not repaid · median varies by category
Quick verdict · Recreation & Entertainment · color = vs category peers
Green = favorable by >10% vs Recreation & Entertainment median · No shading = within ±10% · Red = unfavorable by >10% · Source: FDD filings + SBA 7(a)
Data from public FDD filings and SBA records. Not financial advice. Methodology
Bottom line
- COSTTotal investment $3.1M – $5.8M including a $100K franchise fee, 7.0% ongoing royalty.
- RETURNSItem 19 disclosed average EBITDA of $3.2M across 148 locations — this is operating profit, not gross revenue. Actual revenue per location is likely $6–10M.
- RISKVerdict A (Strongest tier), verdict score 79/100 (higher is better). SBA loan charge-off rate of 4.6% across 145 loans (well below the franchise average, based on all SBA 7(a) franchise lending, 2010–2025).
- GROWTHNegative, pipeline stalled: 206 agreements signed but not yet open against 197 open outlets (Item 20).
- GROWTHSystem growing at 30.4% CAGR over 3 years with 197 total units. Strong expansion trajectory.
Item 1 · who you're contracting with
The Franchisor
Corporate structure & franchisor financials
- Legal entity
- UATP Management, LLC
- Parent company
- Unleashed Brands, LLC
- FDD Item 1, page 9 of the 2025 FDD
- Ultimate parent
- UA Holdings, LLC
- FDD Item 1, page 9 of the 2025 FDD
- CEO title
- Chief Executive Officer (Unleashed Brands and Unleashed Services)
- Michael Browning, Jr.
- Incorporated in
- Texas
- HQ
- 2350 Airport Freeway, Suite 505, Bedford, Texas 76022
- Auditor
- Deloitte & Touche LLP
- Audited financials
- Franchisor revenue
- $194.7M
- vs $151.5M prior year
Same owner · FDD Item 1, page 9
7 other brands on this site name UA Holdings, LLC as parent or ultimate parent in their own FDD.
- Class 101A
- Premier Martial ArtsC
- SNAPOLOGYA
- Sylvan LearningB
- THE LITTLE GYMB
- Water Wings Swim SchoolC
- XP LeagueB
Portfolio: Unleashed Brands
Grouped by the owner's name as each filing prints it (this page: the 2025 FDD). Spelling variants of the same group may be listed apart; a brand is never grouped with an owner its filing does not name.
Overview
About
- CEO
- Michael Browning, Jr.
- Headquarters
- TX
- Founded
- 2013
- FDD year
- 2025
- States available
- 38
Can you afford it, and what does the money buy?
Entry cost runs 695% above the typical recreation & entertainment franchise.
Source: FDD 2025 · Items 5–7
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 | $5.5M |
| Total initial investment | $3.1M | $5.8M |
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.
Item 7 · what it costs to open + operate
The Vitals
- Total investment
- $3.1M – $5.8M
- Middle of category vs category
- Liquid capital req'd
- $120K – $240K
- Middle of category vs category
- Franchise fee
- $100K – $100K
- Middle of category vs category
- Royalty
- 7.0%
- typical 6–8%
- Ad fund
- 0.0%
- typical 3–5%
- Total fee load
- 12.3%
- vs 9–13% typical
Ongoing fees · Item 6
| Fee | Amount |
|---|---|
| Royalty | 7.0% of gross sales |
| Marketing / ad fund | 0.0% of gross sales |
| Technology fee | $0 |
| Transfer fee | $50K |
| Renewal fee | $50K |
| Total fee load | 12.3% of rev |
What do units actually make?
Source: FDD 2025 · Item 19
ROI & LBO modelsSingle-unit · 25-unit portfolio · editable
No Item 19 revenue figure for Urban Air Adventure Park is on file. The return models need a revenue figure to start from, and the operating costs that turn gross sales into a profit are in no FDD. Enter your own and the calculator runs on your assumptions — nothing here is modelled until you do.
Returns model · single-unit ROIC
What would one Urban Air Adventure Park unit return on the cash you put in?
Illustrative category typicals — not sourced to any filing, survey or sample. Replace them with figures from franchisee validation calls before you rely on the output.
Unlevered ROIC · per unit
Your modelled return on total invested capital, before any debt financing.
—
An FDD discloses gross sales, not profit. We hold no sourced figure for annual revenue, COGS, labour, rent / occupancy and other operating costs, and will not substitute an assumed one. Enter your own and the model runs on your assumptions.
These models are for research and scenario planning only. Not investment advice. Actual results depend on your specific location, management, and market conditions. Consult a franchise attorney and accountant before signing any franchise agreement.
Item 19 · Source: 2025 FDD
Financial Performance
Item 19 disclosed average EBITDA of $3.2M across 148 locations — this is operating profit, not gross revenue. Actual revenue per location is likely $6–10M.
Reported for a subset of outlets rather than the whole system
- Item 19 type
- historical segmented (Gross Sales, COGS, Occupancy, Advertising, Payroll, Insurance, Other Costs, EBITDA, EBITDA%) by quartile, for two park format cohorts (2.0 Park and 2.5 Park)
- Range (low → high)
- $1.2M→$13.3MCited, not corroborated — printed on page 70 of the 2025 FDD. Nothing else in our record independently restates or re-derives it.
- Cohort dispersion (min → max)
- Source filing
- FDD 2025
- The FDD edition these figures were read from
- Transparency
- 6 / 10
- vs category median 4 / 10 · above
Compared against 165 Recreation & Entertainment brands
Item 19 · by group
What the filing does disclose
Item 19 of this FDD reports performance in more than one group. We publish no single average for this brand; the groups the filing does disclose are listed below, quoted from its own Item 19 table.
Each row below is quoted from the FDD's own Item 19 table. Gross sales are not profit.
Outlet subsetItem 19 detail
Item 19 disclosed average EBITDA of $3.2M across 148 locations — this is operating profit, not gross revenue. Actual revenue per location is likely $6–10M.
park format
| Segment | Sample | Avg |
|---|---|---|
| 2.0 Park - Top Quartile | 31 | $5.0M |
| 2.0 Park - 2nd Quartile | 31 | $3.3M |
| 2.0 Park - 3rd Quartile | 31 | $2.6M |
| 2.0 Park - Bottom Quartile | 30 | $1.9M |
| 2.5 Park - Top Quartile | 6 | $6.0M |
| 2.5 Park - 2nd Quartile | 6 | $4.6M |
| 2.5 Park - 3rd Quartile | 6 | $3.5M |
| 2.5 Park - Bottom Quartile | 7 | $2.9M |
Operator outlook
What the numbers say
Data-driven interpretation of this brand's financial disclosures, fee structure, and system trajectory.
Fee burden
Total ongoing fee load of 12.3% — above the Recreation & Entertainment median of 8.0%.
Disclosure
Item 19 reports outlet revenue, but not in a form that yields a per-outlet average we can compare across brands.
Operator retention
System expanding at 30.4% CAGR over 3 years across 197 units — operators are staying and new ones are joining.
Source: FDD Item 19 financial performance representations and publicly filed FDD data. Past performance is not indicative of future results. Verify all figures with the franchisor and current franchisees before making any investment decision.
vs Recreation & Entertainment medians
How Urban Air Adventure Park Compares
Category median of published Recreation & Entertainment brands that report the figure; the middle half spans the 25th to 75th percentile and n counts the brands behind it. Medians are used because a few very large systems pull an average far from the typical brand. Revenue is disclosed gross sales, not profit.
Is the system healthy?
Source: FDD 2025 · Item 20
Unit growth
Item 20 · unit dynamics
The Growth Chart
- Total units
- 197
- Opened
- 17
- Last reporting year
- Closed
- 3
- Terminated
- 1
- Franchisor ended the franchise (per Item 20)
- Turnover rate
- 1.5%
- Company-owned
- 4
- Corporate units in the system
- % franchised
- 98%
- vs corporate-owned
- Net growth (3-yr)
- +30.4%
- Net unit change over 3 years
- 3-yr CAGR
- +30.4%
- Compounded over last 3 years
Last fiscal year · Item 20 exits and transfers
- Terminated
- 1
- Signed, not yet open
- 206
- 1.05 per open outlet · Item 20 Table 5
- Projected new
- 33
- Franchisor's next-year forecast
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.
Where the owners are · Item 20 owner list
5 current owners across 3 states.
- CA 2
- TX 2
- NY 1
Counts only, from the list the franchisor prints in Item 20. Names and phone numbers are for your own due diligence and are not shown here.
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%
- on 145 loans · 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
- Typical loan rate
- 7.7%
- avg rate to borrowers
- Franchised industry avg
- 13.9%
- brand beats franchise avg ↓
- Jobs supported
- 9,977
- 2.7 per loan
- Lender concentration
- 21%
- top lender's share
Borrower mix: 78% went to startups / new businesses, 22% to established operators
Franchise vs independent — in all other amusement and recreation industries, franchised businesses charge off at 13.9% vs 16.2% for independents — franchising is associated with 14% lower SBA default risk in this category.
Vintage analysis
Urban Air Adventure Park charge-off rate by loan vintage
Top lenders financing Urban Air Adventure Park franchisees
Showing 3 of 49 lenders. The full breakdown — every lender, state distribution, interest rates & risk ratings — is in the SBA Lending Report below.
Explore lender portfolios on Bank Reports or regional data on State Reports.
Lender network · 7(a) + 504
SBA Lending Report
Full lending analysis for Urban Air Adventure Park from SBA 7(a) FOIA data.
- Principal loss rate
- 0.3%
- Avg SBA guarantee
- 74%
- Avg interest rate
- 7.71%
- Avg chargeoff amount
- $383K
- Lender concentration
- 20.7%
- Job velocity
- 2.7 per $100K
- Startup risk premium
- +3.6pp
- NAICS benchmark
- 7.0%
- NAICS 713990
- Jobs supported
- 9,977
Top SBA lendersTop lender holds 21% of loans
| # | Lender | Loans | Volume | Default % |
|---|---|---|---|---|
| 1 | KeyBank National Association | 30 | $71.6M | 0.0% |
| 2 | Celtic Bank Corporation | 14 | $43.9M | 0.0% |
| 3 | SouthState Bank, National Association | 6 | $8.6M | 0.0% |
| 4 | LendingClub Bank, National Association | 6 | $21.7M | 0.0% |
| 5 | Wilmington Savings Fund Society FSB | 6 | $23.2M | 0.0% |
| 6 | Core Bank | 4 | $5.3M | 0.0% |
| 7 | Byline Bank | 4 | $7.9M | 50.0% |
| 8 | The Huntington National Bank | 4 | $6.1M | 0.0% |
| 9 | Brookline Bank, a Division of Beacon Bank and Trust | 4 | $7.7M | 0.0% |
| 10 | Community Bank & Trust-West Georgia | 4 | $19.0M | N/A |
Geographic failure vector
| State | Loans | Defaults | Rate |
|---|---|---|---|
| TXTexas | 26 | 1 | 8.3% |
| FLFlorida | 13 | 0 | 0.0% |
| OHOhio | 10 | 0 | 0.0% |
| GAGeorgia | 8 | 0 | 0.0% |
| PAPennsylvania | 8 | 0 | 0.0% |
| ILIllinois | 7 | 0 | 0.0% |
| INIndiana | 6 | 0 | 0.0% |
| KSKansas | 6 | 0 | 0.0% |
| CACalifornia | 5 | 0 | 0.0% |
| TNTennessee | 5 | 0 | 0.0% |
SBA 7(a) lending trend
Borrower profile
Source: SBA 7(a) + 504 FOIA loan-level data, matched by FranchiseVerdict
What could kill this investment?
SBA loans charge off at 4.6% — 71% below the 16.0% national norm, i.e. lower lender-observed risk.
Source: SBA 7(a) FOIA · FDD Items 3, 21
Risk analysis
FranchiseVerdict rating + FDD Items 3, 4, 8, 16, 21
Risk & Legal
Litigation (Item 3)
Subject: the franchisor is a named party (defendant).
1 pending AAA arbitration (UATP vs. multiple existing franchisees re: unpaid royalties, termination); concluded cases include a Texas judgment against a defaulting franchisee ($442K + fees), a 2018-2022 breach-of-contract/rebate dispute with a former Attractions distributor settled for $5M, a 2016 Maryland Securities Commissioner consent order against Snapology for unregistered franchise sales, a 2023-24 employment/ownership dispute involving Class 101 settled for $275K buyback, and a 2021 California DFPI consent order against Premier Martial Arts for unregistered franchise sales ($10,000 penalty).
Bankruptcy (Item 4)
None disclosed
Audited financials (Item 21)
Yes · Deloitte & Touche LLP
Franchisor revenue (Item 21)
Franchisor entity revenue (not unit-level)
ⓘ These are the parent company's consolidated financials (the parent guarantees the franchisor), not this brand's standalone results — the figure reflects the whole corporate group, not this brand alone.
Supplier relationship · Items 8 & 16
- Franchisor sells you products: Yes
- Must buy proprietary products: Yes
- Restricted to system-approved products: Yes
- Can negotiate own supplier terms: No
Score breakdown · what drove the 79 / 100 verdict
- 01MINORParent net loss: -$68,667,000 (parent financials only)
- 02MINORPending arbitration vs. multiple franchisees over unpaid royalties/termination
- 03MINORSeveral large concluded settlements ($5M, $442K)
- 04MEDItem 19 disclosed, strong parent net worth $351M
Severity inferred from the FDD text · not a regulatory classification
What are you signing up for?
Ongoing fees run about 12.3% of sales (royalty + ad fund), before rent and labor.
Source: FDD 2025 · Items 11, 12, 17
FDD Items 12, 15, 17 · continued from Risk & Legal
Contract & Territory Detail
| Initial term | 10 years |
|---|---|
| Renewal term | 5 years |
| Allowed renewalsℹ | 2 |
| Territory type | Protected territory |
| Protected territory | Yes |
| Exclusive territoryℹ | No |
| Territory population | 45,000 |
| Online sales rightsℹ | Restricted |
| Franchisor can compete | Yes |
| Hire a manager? | Allowed |
| Owner-operator | Optional |
| Non-compete (years)ℹ | 2 years |
| Non-compete (miles)ℹ | 25 mi |
| Right of first refusalℹ | Yes |
| Transfer requires consent | Yes |
| Termination notice | 30 days |
| Termination groundsℹ | 14 |
| Curable defaultsℹ | 17 |
| Mandatory arbitration | Yes |
| Arbitration location | Texas (Tarrant County/franchisor's principal headquarters at time of arbitration) |
| Jury trial waiver | Yes |
| Governing law | Texas |
| Litigation count | 6 |
View Item 3 litigation summary
1 pending AAA arbitration (UATP vs. multiple existing franchisees re: unpaid royalties, termination); concluded cases include a Texas judgment against a defaulting franchisee ($442K + fees), a 2018-2022 breach-of-contract/rebate dispute with a former Attractions distributor settled for $5M, a 2016 Maryland Securities Commissioner consent order against Snapology for unregistered franchise sales, a 2023-24 employment/ownership dispute involving Class 101 settled for $275K buyback, and a 2021 California DFPI consent order against Premier Martial Arts for unregistered franchise sales ($10,000 penalty).
Items 10, 11
Training & Operations
- Classroom training
- 95 hrs
- On-the-job training
- 82 hrs
- Ongoing training
- Required
- Site selection
- Franchisor approves site proposed by franchisee within a designated Site Selection Area
- Franchisor financing
- Not offered
- Item 10
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
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 – $5.8M, 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?
Item 19 of the Urban Air Adventure Park FDD discloses outlet figures from $1.2M to $13.3M but no single average across all outlets. These are gross sales figures, not profit; the Revenue section shows what the filing reports and on what basis. Item 20 of the FDD lists current and former franchisees; asking them directly is the standard way to fill this gap.
Who owns Urban Air Adventure Park?
Urban Air Adventure Park is franchised by UATP Management, LLC. Its parent company is Unleashed Brands, LLC. The ultimate parent named in the FDD is UA Holdings, LLC. Source: FDD Item 1, 2025 filing.
What is Item 19 in the Urban Air Adventure Park FDD?
The FDD section where a franchisor may disclose financial performance of its outlets. Disclosure is optional and formats vary; figures are typically gross sales, which is revenue before expenses, not profit. FranchiseVerdict extracts these figures directly from the Urban Air Adventure Park FDD and qualifies whose outlets they describe.
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 193 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 verdict score of 79 out of 100 (higher is better). The grade is a deterministic score built from six weighted dimensions — financial health, unit economics, unit growth, scale, legal, and transparency — then calibrated against SBA loan charge-off rates and FDD age. Transparency is one of the six, so a filing that discloses less scores lower on that dimension than one that discloses more. 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.
For franchisors
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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.