BOUNCE HOUSE BUSINESS PLAN SAMPLE
Basically, a bounce house is made up of bouncy castles such as moonwalks, bouncy houses, trampolines, CITs, etc.
These bouncy castles are buildings and structures that are inflatable, and are usually rented out for functions, village fetes, festivals for schools and churches, etc. which would enable children to be able to catch fun and enjoy their time to the fullest.
Here is a sample business plan for starting an indoor bounce house rental business.
BUSINESS NAME: Peter and Paul Recreational Centre LLC.
- Executive Summary
- Our Products and Services
- Vision Statement
- Mission Statement
- Business Structure
- Market Analysis
- Sales and Marketing Strategy
- Financial Plan
- Sales Forecast
Peter and Paul Recreational Centre LLC is a bounce house business that has been fully equipped, and which will be located in Quebec, United States of America. We are in the bounce house business to fully make profits and to create more awareness about the need to indulge children in fun-filled activities and entertainment.
Peter and Paul Recreational Centre LLC will be owned by Wong Thomas. He will also be the CEO of the business. To start up the business, we will require a total of $800,000 which will be generated from the owner and the bank.
Our Products and Services
Peter and Paul Recreational Centre LLC is a business in the bounce house industry that is very focused on providing very quality products and services to its customers. We will be particularly interested in providing children with entertainment, as well as providing residents of Quebec with recreational facility. The following are the products and services that we will be focused on offering our customers:
- Bouncy Castle
- Amusement and Recreational services
- Mountain Climbing
- Bowling alley
- Video Game House
- Ice Cream Shop
- Food and Drinks Court
- BBQ Joint
- Other associated Facility services
Our vision for establishing this bounce house business is to raise a bounce house facility that will become renowned for being a world class bounce house for providing quality recreational and entertainment services to children, as well as fulfilling its part in encouraging households and residents in Quebec to fully engage their children in taking part in activities that give them fun and enjoyment.
Our mission in the industry is to establish and nurture a bounce house business that will play its part in making sure that children in Quebec are among the happiest children in the entire world. Also, we want to make sure we carry out a movement of creating awareness and inculcating in families and households the desire to engage their children in activities that are filled with fun and excitement.
It is our vision to grow a bounce house business that will become the number one bounce house providing children with so much entertainment and recreation facility in Quebec, United States of America.
We are quite aware that it will take a very good business structure to be able to fully accomplish this vision. This is why we will make sure to hire only employees that are hard working, focused, dedicated to work with us, and very qualified.
The following roles in our business will be filled by candidates whom we have found to fully meet with our criteria:
- Chief Executive Officer (CEO and owner)
- Accountant / Cashier
- Facility Manager
- Sales and Marketing Executive
- Customer Care Executive
- Bouncy Castle Safety Instructor (6)
Recent promotion campaigns have been aimed at encouraging people to take part in sport activities and other activities that are considered recreational and fun-filled, and known for enhancing one’s healthy living. These have by a large extent contributed to the immense benefits experienced in the industry.
The following groups have been found to make up our target market:
- Families and Households within and around Quebec, United States.
- Religious Places such as Churches.
Sales and Marketing Strategy
Our sales and marketing strategies have been clearly aimed at enabling us accomplish our business goal and our set-out objectives. In fact, all that we would do as regards sales and marketing will help us reach out to new customers, increase our sales and extend our reach to the market. The following are the ways we would promote our business and extend our market reach:
- We would make sure to have our business opening in a grand style by throwing a party for children in the neighbourhood so as to catch their attention.
- We will make sure we promote our business on local media such as local newspapers, related magazines, local radio and TV station.
- We will ensure our sales and marketing team is very hard working in promoting our brand on social media; the likes of Facebook, Twitter, and Instagram.
- We will make sure to print out fliers for our business and distribute them at strategic places such as libraries, offices, transport stations, etc.
Source of Startup Capital
The amount that would be required for a business to be fully launched will depend upon the scale as well as the approach to the business. Having carried out a detailed study, we have come up with how much we would require starting up our business.
We will need a total startup capital amounting to $800,000. This startup capital will be generated from two sources, namely: the owner’s savings and investments, and the owner’s bank. $450,000 will be generated from the owner, while the remaining $350,000 will be borrowed from the bank.
We have below a sales forecast of our sales revenue for the first three years immediately after starting the business.
This sales forecast will act as a financial goal map which our annual sales revenue for the first three years will be measured against.
First Fiscal Year $300,000
Second Fiscal Year $550,000
Third Fiscal Year $800,000
This is a business plan sample for a bounce house business. It bears the business name, ‘Peter and Paul Recreational Centre LLC’. Starting up the business would require a total startup capital of $800,000 from the owner. The business will be owned by Wong Thomas, and it will be located at Quebec, United States of America.