As a Flip Out franchisee, you have numerous advantages of growing your business with a strong support system as opposed to starting up on your own. Working and aligning your endeavours with an established brand, always having help at hand and working with a proven business model means you can take advantage of prime sites at excellent rates and lease terms.
The franchise offering includes the rights to use the Flip Out brand together with the ability to generate revenue 24/7/365. You’ll also be able to benefit from protected territory agreements, the brand’s own health and safety standard (TAPS) as well as its own protected insurance facility with an industry leading insurer.
What’s more, you will have the rights to an area and for the use of the parent company’s business model for the duration of the franchise agreement. Initially, you may start out with one outlet and potentially progress to more as your business grows.
Revenue and income are generated by the franchisee and area developer from the sale of the use of the branded facilities. These include entrance fees, food and beverage, birthday parties, merchandise, group bookings and arcade gaming. Meanwhile, the master franchisor generates revenue from franchise agreements, royalties, marketing contributions and park builds.
The brand also has a policy of constant innovation and improvement of the customer experience. Each park is unique but instantly recognisable as a Flip Out using the well-developed brand. Other perks include the use of industry-leading, data-driven solutions to ensure the business is optimised for success.
If this opportunity sounds like something you’d like to explore, then get in touch with one of the team members to arrange a call. Flip Out would also love to know more about you: whether you’ve just sold a business, taken an early retirement, received an inheritance or want a change in careers. You will therefore be asked a couple of questions so that the team can help gauge where you would fit in what type of franchisee you would be. You’ll also get answers to your questions and receive more information about the onboarding process.
This process includes several documents. They are the non-disclosure agreement, a credit checking process where you’ll be asked for permission form to be signed, a personal balance sheet will need to be completed, your CV and a small deposit of interest of £2,500 plus VAT that you will need to pay to show a level of commitment. Bear in mind that this deposit will be partially refunded if the project does not go forward, less any expenses incurred for facilitating meetings etc. in line with the parent brand’s terms and conditions.
Once this is done, you will be given access to a shared drive that will include a number of documents to use to evaluate the project moving forward. Furthermore, you will be introduced to an account handler who will join you on your journey and coordinate your meetings and calls with other members of the Flip Out team.