Urban Air Adventure Parks logo

Urban Air Adventure Parks Franchise

Audited Financials
RecreationEst. 2013Bedford, TX
www.urbanairfranchise.com

Risk Score

Pending analysis

Investment Range

$3,111,409 - $8,382,109

Franchise Fee

$75,000

Total US Locations

197

Business Summary

Urban Air Adventure Parks operates adventure parks that serve as venues for recreational activities, birthday parties, and other group events. These parks feature a wide array of attractions, which can include trampolines, foam pits, warrior/ninja courses, soft play areas, climbing walls, ropes courses, Sky Rider, dodge ball, rock climbing, digital climbing walls, arcades, bumper cars, slides, laser tag, go-karts, virtual reality, immersive reality, MyFly, and other similar activities.

Corporate History

Urban Air Adventure Parks, operated by UATP Management, LLC, was formed in Texas on May 31, 2013. The company began offering franchises for its adventure parks from its inception in the same year. Initially, Urban Air Adventure Parks' standard offering, known as a '1.0 Park,' featured core attractions like trampolines, dodgeball, and foam pits. Since 2017, the business model evolved to '2.0 Parks,' incorporating a wider range of attractions such as climbing walls, ropes courses, arcades, bumper cars, slides, laser tag, virtual reality, and more. Some markets also offer '2.5 Parks,' which are larger and include go-karts. Urban Air Adventure Parks is a wholly-owned subsidiary of Unleashed Brands, LLC, a parent company that has expanded by acquiring other franchise systems. These include The Little Gym (franchising since 1992), Sylvan Learning (franchising since 1979), Snapology (franchising since 2015), Premier Martial Arts (franchising since 2018), Class 101 (franchising since 2007), XP League (franchising since 2020), and Water Wings (established April 2025).

Financial Overview

Investment Range

$3,111,409 - $8,382,109

Franchise Fee (Low)

$75,000

Franchise Fee (High)

$100,000

Royalty %

7%

Marketing %

6%

Equipment Costs (Low)

$2,618,109

Equipment Costs (High)

$7,508,159

Working Capital

$180,000

Audited Financials

Yes

Offers Financing

No

Audit Opinion

Unqualified opinion

Financial Health Notes

UA Holdings, LLC, the parent company of Urban Air Adventure Parks, is actively growing its portfolio through acquisitions, having recently acquired Sylvan Learning in February 2024 and Water Wings swim centers in January 2025. Despite this expansion, the company has reported net losses of $68.7 million in 2024 and $59.6 million in 2023. Urban Air Adventure Parks has maintained positive working capital, with current assets exceeding current liabilities in both 2023 and 2024. However, it carries a substantial amount of debt, with notes payable totaling over $389 million in 2024, significantly higher than $262 million in 2023. The company has also strategically reduced its number of corporate-owned locations from 26 in 2023 to 12 in 2024, leading to impairment losses related to these closures and tenant improvements. The independent auditor has issued an unqualified opinion on the consolidated financial statements, indicating fair presentation in accordance with GAAP, and noted that management is required to evaluate conditions or events that could raise substantial doubt about the company's ability to continue as a going concern, though no such qualification was applied to the opinion itself. The company was in compliance with its total net leverage ratio covenant as of December 31, 2024.

Financing Details

Urban Air Adventure Parks does not offer direct or indirect financing to franchisees. However, the franchisor may develop relationships with preferred lenders or financing sources and make these available. Urban Air Adventure Parks and its affiliates will not guarantee any franchisee's notes or other obligations. An exception exists if a franchisee participates in the Corporate-Seeded Development Program (CDP) and purchases a CDP Park; in such cases, Urban Air Adventure Parks or an affiliate may guarantee the CDP Park's lease for a required period if the landlord demands it.

Performance Metrics

Total US Locations

197

Franchised Units

193

Corporate Units

4

Avg Square Footage

32,500

Franchising Since

2013

Agreement Terms

Initial Term

10 years

Renewal Term

5 years

Renewal Conditions

To renew, Urban Air Adventure Parks franchisees can opt for two additional, consecutive five-year terms. They must provide written notice between eight and twelve months before their initial term expires. Eligibility requires that franchisees, and their affiliates, are not in default of their franchise agreement, any other agreements with Urban Air Adventure Parks, or any leases or financing related to the business for the past 12 months. They must also have no outstanding monetary obligations to Urban Air Adventure Parks, its affiliates, or approved suppliers. Franchisees may be required to renovate and upgrade their park, including attractions, to meet current brand image and specifications at their own expense. All owners and employees must comply with current training requirements. Franchisees must secure their right to possess the business premises for the renewal term and satisfy Urban Air Adventure Parks' financial responsibility standards. Additionally, the franchisee and all owners must sign a general release of claims against Urban Air Adventure Parks and its affiliates, subject to governing law, and must not have a pattern of non-compliance, evidenced by three or more failed quality assurance evaluations in any rolling 24-month period. If approved, franchisees will sign Urban Air Adventure Parks' then-current form of franchise agreement, which may have different terms, including royalty and marketing obligations, and pay a renewal fee equal to 50% of the then-current initial franchise fee plus legal and professional expenses incurred by the franchisor.

Training & Support Program

Franchisor Assistance

Before opening, Urban Air Adventure Parks assists franchisees by reviewing site information and providing specifications for park design, layout, and designated attraction suppliers. For a franchisee's first location, Urban Air Adventure Parks offers two to three days of on-site pre-opening assistance and training at no additional fee. It also conducts an initial training program for the franchisee and their Designated Manager without charge, along with providing access to a confidential operations manual. After opening, Urban Air Adventure Parks provides ongoing consultation and advice on system developments, management, sales promotion, and service concepts, delivered through on-site visits, digital materials, meetings, seminars, telephone, and email. The franchisor uses good faith efforts to approve or disapprove promotional and marketing materials within 10 business days. Urban Air Adventure Parks also establishes and administers membership programs, gift card acceptance programs, loyalty programs, and a master insurance program.

Initial Training Hours

153

Training Location

Online, at Urban Air Adventure Parks' training facility in Bedford, Texas, or at affiliate-owned locations in North Texas, or on-site at the franchisee's facility.

Ongoing Support

Urban Air Adventure Parks provides ongoing consultation and advice to franchisees regarding the System, including new developments, techniques, and improvements in business management, sales promotion, and service concepts. This support is delivered through methods such as on-site visits by representatives, distribution of printed or filmed materials, electronic information, meetings or seminars, telephone calls, and email. The franchisor commits to using good faith efforts to approve or disapprove proposed promotional and marketing materials within 10 business days of receipt. Additionally, Urban Air Adventure Parks establishes and administers a multi-tier membership program, a gift card acceptance program, a customer loyalty program, and a master insurance program, in which franchisees must participate. Franchisees are also required to attend periodic conferences to discuss System developments, including operational efficiency, personnel training, bookkeeping, accounting, inventory control, performance standards, advertising programs, and merchandising procedures.

Franchise Requirements

Ideal Candidate Profile

Urban Air Adventure Parks seeks franchisees who are business-minded individuals with proven business skills, financial capacity, and a strong interest in operating the business. The ideal candidate must designate a full-time manager (who can be the owner themselves) to oversee daily supervision and operations, dedicating substantial full-time efforts to the business. Franchisees must meet specific educational, managerial, and business standards, possess good moral character, a positive business reputation, and a strong credit rating. They should demonstrate the aptitude and ability to operate the Urban Air Adventure Park business and have sufficient equity capital. Additionally, franchisees and their affiliates should not be involved in any competitive business.

Industry Experience Required

No

Management Experience Required

Yes

Sales Experience Required

No

Technical Skills Required

No

Operational Details

Location Type

Retail

Owner Participation

Supervisory

Territory Type

Protected

Territory Size Requirements

Urban Air Adventure Parks defines a franchisee's Protected Area based on factors such as zip codes, geographic boundaries, or a radius surrounding the approved location. While there is no minimum size requirement for the Protected Area, typically, these areas are designed to have an average household income above $65,000 and encompass a population of approximately 45,000 children aged infant to 14 years. These demographic criteria are based on the most recent U.S. Census or other designated publicly available data.