Altitude Trampoline Park Recognized On Entrepreneur Magazine’s 44th Annual Franchise 500® List

Altitude Trampoline Park debuted on Entrepreneur Magazine's Franchise 500 list, ranking among only two indoor entertainment brands in 2023.

Read the original at Franchising.com
Altitude Trampoline Park Recognized On Entrepreneur Magazine’s 44th Annual Franchise 500® List

TL;DR

Altitude Trampoline Park debuted on Entrepreneur Magazine's Franchise 500 list, ranking among only two indoor entertainment brands in 2023. The brand opened locations in nine new markets in 2022, bringing its total number of parks to nearly 90 in the United States.

The ranking earned by Altitude Trampoline Park highlights the successful growth made by the brand in the past year. In 2022 alone, Altitude opened locations in nine new markets, bringing the brand’s total number of parks to nearly 90 in communities across the United States.

“This past year has firmly solidified Altitude’s status as one to watch in the family entertainment franchise segment,” said Mike Rotondo, CEO of Altitude Trampoline Park. “With a momentous rebound from the past two years, the brand continues to be infused with new energy. Our success would not have been possible without our network of skilled operators, franchise owners and Support Center, all of whom worked tirelessly to push Altitude to the max and beyond. This award is an indication of what this brand is capable of, and I can’t wait to see where 2023 will take us.”

In Entrepreneur’s continuing effort to best understand and evaluate the ever-changing franchise marketplace, the company’s 44-year-old ranking formula continues to evolve as well. The editorial team researches and assesses several factors that go into the evaluation including costs and fees, size and growth, support, brand strength, and financial strength and stability. Each franchise is given a cumulative score based on an analysis of more than 150 data points, and the 500 franchises with the highest cumulative scores become the Franchise 500® in ranking order.

“The past year underscores the extraordinary opportunities that the franchise industry presents for entrepreneurs of all levels,” says Entrepreneur editor in chief Jason Feifer. “The companies named to our 44th annual Franchise 500 list represent some of the most innovative, creative, and trusted brands across many industries and highlight what it takes to build the kind of momentum that drives long-lasting success.”

Calling upon celebrating all of life’s joyous moments through active, energetic spirit, Altitude Trampoline Park is uniquely positioned to be a home for exhilaration, personal and social growth and wellness. As the only active indoor entertainment park primarily focused on the 3- to 12-year-old age groups, Altitude embraces gravity-defying fun mixed with learning new skills, building confidence, and pushing oneself to exhilarating new heights. The distinctive Jump Life!? branding references a state of mind for those who embrace fun, happiness and freedom.

In this story

This story was originally published in Franchising.com on February 1, 2023. Burnaze summarizes and links to the original reporting.

Read the full story at Franchising.com

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