Trampoline Park Startup Cost Comparison
Minneapolis, MN vs Miami, FL
Minneapolis, MN
$388,000 - $1,799,000
COL Index: 109.5
VS
Miami, FL
$456,000 - $2,130,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Minneapolis, MN | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$137,000 - $684,800 | $195,700 - $978,300 | -30% |
|
Trampolines & Attractions
|
$150,000 - $700,000 | $150,000 - $700,000 | Same |
|
Safety Systems & Equipment
|
$10,000 - $50,000 | $10,000 - $50,000 | Same |
|
POS & Waiver System
|
$5,000 - $20,000 | $5,000 - $20,000 | Same |
|
Business Insurance (Annual)
|
$20,000 - $80,000 | $20,000 - $80,000 | Same |
|
Marketing & Pre-Opening
|
$10,000 - $40,000 | $10,000 - $40,000 | Same |
|
Working Capital (3 Months)
|
$54,800 - $219,000 | $64,200 - $256,600 | -15% |
| Total Estimated Cost | $388,000 - $1,799,000 | $456,000 - $2,130,000 | -15% |
Local Market Factors
| Factor | Minneapolis | Miami |
|---|---|---|
| Cost of Living Index | 109.5 | 128.3 |
| Commercial Rent ($/sqft/yr) | $18 - $45 | $25 - $65 |
| Labor Rate Index | 1.08 | 1.08 |
| Sales Tax | 8.025% | 7% |
| Minimum Wage | $15.57/hr | $13.00/hr |
| LLC Filing Fee | $155 | $125 |
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