Slick City
Slick City franchises operate indoor action parks featuring dry slides, soft play areas, air courts, multiple other attractions, and a city café, catering to walk-in enthusiasts and special events. The business model allows franchisees to develop and operate these parks under the Slick City brand, with total initial investments ranging from $1.9 million to $4.9 million, including multi-unit development options. They target families with young children seeking entertainment and physical activity in a competitive market against other entertainment venues.
Franchise Costs
7% royalty (tiered down to 5.5% based on gross sales performance) + 1% brand fund + $874/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: Three corporate- and affiliate-owned parks open for the entire 2024 calendar year, consisting of two corporate-owned parks and one affiliate-owned park.
* All extracted financial performance data is based on corporate-owned and affiliate-owned parks. The document explicitly states that the Summary Income Statements (Page 1-2) are for "all three Slick City parks open throughout the period of January 1, 2024 through December 31, 2024," comprising "Two of the parks are corporate-owned and one park is an affiliate-owned." Note 11 (Page 4) further clarifies that "Because no franchise parks were open in the prior fiscal year that this summary income statement is based on, this summary income statement is based entirely on corporate and affiliate parks." The 31, 90, and 180-day sales data (Page 6-7) also exclude the single franchise park that was not open for at least 31 days. The 'Profit Before Excluded Expenses' from the table is considered 'EBITDA' as per Note 12, which clarifies it's before taxes, capital, interest expense, and non-cash items, and explicitly states it is not 'net income' or 'net profit'. EBITDA margin for the average park was confirmed by dividing Average Profit Before Excluded Expenses ($2,035,744.84) by Average Gross Sales ($4,960,063.79), which yields approximately 0.4104 (41.04%). No explicit ranges or sufficient detail on excluded expenses are provided to estimate a net profit range from EBITDA.
Extracted Item 19 Section
How Slick City Compares
Key Insights
- Higher investment than 96% of Sports & Recreation franchises
- Lower than average SBA loan default rate in Sports & Recreation
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
Slick City Current | $1.9M – $4.9M | $75K | 7.0% | 0 |
| FREEDOM BOAT CLUB | $224K – $503K | $50K | 6.0% | 269 |
| i9 SPORTS | $60K – $70K | $25K | 7.5% | 264 |
| AQUA-TOTS SWIM SCHOOLS | $1.6M – $2.9M | $50K | 6.0% | 131 |
| X-GOLF | $1.1M – $1.7M | $40K | 7.0% | 122 |
| Cruisin' Tikis | $83K – $124K | $20K | 6.0% | 106 |
Sports & Recreation Average 26 franchises | $1.8M – $2.7M | $1.0M | 7.0% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 26 Sports & Recreation franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2024)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for Slick City franchisees (2025 – 2025)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
6 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
6 Contacts Available
Unlock all Slick City franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a Slick City franchise ranges from $1,913,100 to $4,865,700. This includes a franchise fee of $75,000. Ongoing royalty fees are 7.0% of gross sales.
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