Trampoline Park Startup Cost Comparison
Paterson, NJ vs Miami, FL
Paterson, NJ
$331,000 - $1,517,000
COL Index: 104.6
VS
Miami, FL
$456,000 - $2,130,000
COL Index: 128.3
Detailed Cost Comparison
| Expense | Paterson, NJ | Miami, FL | Difference |
|---|---|---|---|
|
Business Registration & Licenses
|
$1,000 - $5,000 | $1,000 - $5,000 | Same |
|
Facility Lease & Build-Out
|
$82,600 - $413,000 | $195,700 - $978,300 | -58% |
|
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)
|
$52,300 - $209,200 | $64,200 - $256,600 | -18% |
| Total Estimated Cost | $331,000 - $1,517,000 | $456,000 - $2,130,000 | -29% |
Local Market Factors
| Factor | Paterson | Miami |
|---|---|---|
| Cost of Living Index | 104.6 | 128.3 |
| Commercial Rent ($/sqft/yr) | $12 - $26 | $25 - $65 |
| Labor Rate Index | 1.02 | 1.08 |
| Sales Tax | 6.625% | 7% |
| Minimum Wage | $15.49/hr | $13.00/hr |
| LLC Filing Fee | $125 | $125 |
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