Altitude Trampoline Park Ranks in the Top 15% of Fastest-Growing Private Companies

Altitude Trampoline Park has been named on the Inc. 5000 list as one of the nation's fastest-growing private companies.

Read the original at Franchising.com
Altitude Trampoline Park Ranks in the Top 15% of Fastest-Growing Private Companies

TL;DR

Altitude Trampoline Park has been named on the Inc. 5000 list as one of the nation's fastest-growing private companies, ranking 582 and joining the top 15% of this year's honorees. The brand has grown to one of the world's largest family entertainment franchises with nearly 90 locations open or in development.

Inc. magazine announced that Altitude Trampoline Park has been named on its annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. The announcements comes on the heels of a momentous July for the brand as it recently opened three parks in Mandeville, Louisiana; Cincinnati, Ohio and Jacksonville Beach, Florida in less than 10 days.

"We have been, and will continue to be, dedicated to working with our franchise system to create new opportunities for growth and innovation for our company," said Mike Rotondo, CEO of Altitude Trampoline Park. "With our recent opening in Jacksonville Beach this past month, Altitude has grown to one of the world's largest family entertainment franchises. It's an honor to add one of America's fastest-growing private companies to that distinction."

The companies that have placed on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of the pandemic. Altitude Trampoline Park joins the 2022 list with an impressive rank of 582, well withing the top 15% of this year's honorees, and as one of the only family entertainment brands in its sector. Among the top 500, the average median three-year revenue growth rate soared to 2,144%. Together, those companies added more than 68,394 jobs over the past three years.

As one of the world's largest family entertainment franchises, Altitude Trampoline Park is a go-to for unique indoor adventure with nearly 90 locations open or in development. The brand provides potential investors with a diversified mix of revenue opportunities, such as its one-of-a-kind membership program, birthday parties, concessions, book-the-park and more, and gravity-defying attractions bring guests of all ages through the door to Jump Happy!SM

"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."

Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000

Altitude Trampoline Park is a premier indoor adventure park offering cutting edge trampolines, games, programs, and celebrations for all ages. Altitude is the home for active family fun! The brands successful $10 Endless Jumps pass, is where members get the max.

Guests can, Jump Happy! with unlimited use of trampolines, soft play, basketball, dodgeball, , interactive games and more providing a great way for families to stay together and play together all year long. Nearing 100 locations worldwide, Altitude parks are centrally located and easily accessible, making it the convenient, budget friendly choice for families in 2022.

Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018.

They must be U.S.-based, privately held, for-profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2021.

(Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is$100,000; the minimum for 2021 is $2 million. As always, Inc.

reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc.

The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print.

Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent.

In this story

This story was originally published in Franchising.com on August 19, 2022. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.