Buying a franchise can be an incredibly challenging and rewarding way to own your own business. One Florida-based franchise business, however, has achieved incredible growth over the past four years.
Koala Insulation offers and delivers insulation products and services. "Our mission is to deliver efficiency and improve comfort by addressing customer priorities, with expertise and simplicity, for an ultimately painless process," they explain.
Insulation, air sealing, and attic fans are some of the home services you can find with Koala. Sure, this sounds great, but what really tells the story is how much growth this company has had since launching in 2018. Furthermore, franchising only started in 2020, and we all know how challenging that year was for any type of business.
Recently, the Wolf of Franchises, which is a platform that shares insights on the franchise business and the entrepreneurs behind them, shared some impressive numbers regarding Koala Insulation's growth. They detailed the following timeline: Koala started in 2018, has been franchising since 2020, then was acquired in 2023 or a reported $90 million.
"They opened ~326 territories in that time-span, which is pretty unheard of (usually brands fail to open that quickly)," the Wolf of Franchises states.
Here Is What You Need To Know About This Florida-Based Franchise Operation
Koala Insulation was started and is headquartered in Melbourne, Florida, by Scott Marr. Florida has the most locations presently, with 17. They are spread around the state and in major cities like Tampa, Miami, and Fort Myers. Texas is the only other state that has double-digit Koala locations, with 16 locations across the state.
For interested business owners, the franchise fee is a little under $50K. The entire investment needed to open the business can exceed $215K. Wolf of Franchise shared that the average revenue in a single year is $942K.
"Within the franchise industry, Koala Insulation has become the go-to example for the power of this business model," they continue.
The information available via the Koala Insulation website is a telling example as to why this organization may be so successful. The resources and explanations they provide are very thorough, concise and easy to understand. For example, they clearly outline the results you can expect when you hire Koala Insulation. These include better energy efficiency, lower utility bills, keep cool during the summer and warm during the winter.
If you want to learn about all of the incentives available to homeowners that install some of the efficient products, those facts are available here too.
2 Florida Skateparks Recognized As Best In The Country
What makes a great skatepark? Essential requirements revolve around safety conditions, open space, and overall atmosphere. In Florida, two skateparks were recently listed among the best in the country.
In SkateboardHQ's feature, "13 Skateparks in the U.S. You Need To Visit," they take you on a tour through some of the greatest bowls in the continental United States. From the Northwest corner of Oregon to the Southeast corner of Florida, this list rolls through a lot of ground.
"You’ll find some of the most epic street courses alongside iconic locations and facilities designed for skaters and by skaters, including the largest full-concrete pipe and one of the oldest-running skateparks in America," SkateboardHQ expxlains.
The largest full-concrete pipe they mention belongs to Lake Cunningham Regional Sports Park, in San Jose, CA. At 68,000-square-feet, it's the largest skatepark in California. As for the "oldest," we'll get to that shortly.
Skatepark Culture
Whether they are built into the recreational facilities of a suburban town, or between buildings on city streets, skateparks can serve a great purpose. Under safe conditions, such parks provide a place for youth and skate enthusiasts alike to support each other while they work on their craft. There is a true artistic and creative component to skateboarding. Furthermore, the sport takes a great deal of discipline. To master a trick (or even to get a feel for riding) you have to go through rounds of repetition. Often, you fall, get up, try again, and then fall again.
Skateboarding is an activity that also can have very little cost affiliated with it. After the price of a board and the necessary safety equipment (such as a helmet and padding), most community parks are free admission.
There are some great organizations (mostly West Coast-based) that thrive off building and restoring skateparks in various communities. Evergreen based out of Portland, focuses on structuring parks for all skill levels. Montana Pool Service, a non-profit organization, aims to connect youth communities with their generous work installing parks across the country.
So let's grab a board and take stroll through the two Florida skateparks that were named among the best in the country.
Skatepark of Tampa (SPoT)
Skatepark of Tampa, commonly known as SPoT, is located at 4215 E. Columbus Dr. They offer indoor and outdoor facilities. They also sell many skate products, further inspiring the all-encompassing skate experience. Furthermore, SPoT provides various programs, including camps, birthday parties, and a session they call "Girls Meetup."
Kona Skatepark - Jacksonville
Here we have the oldest running public skatepark in America. It's been open since 1977. Like the sport, this park has fallen flat, but then bounced back up when many thought it would stay down. Kona Skatepark is located at 8739 Kona Ave. The grounds offer a clubhouse as well given the Kona experience is all about community. They host events, and they will occasionally have live music or competitions at their park.
