What costs are NOT included in the leasehold improvements estimate for Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
These amounts are our best estimate of the range of costs of leasehold improvements, based on our experience constructing three Big Air Trampoline Facility locations in California, and will likely vary substantially based on local conditions, including the availability and prices of labor and materials.
They do not include the costs of any necessary site development or site engineering work, nor do they include capitalized costs of rent or other occupancy costs, over either the life of the lease or the life of your investment.
These estimates assume that the landlord will provide a "vanilla shell" space which, at a minimum, includes concrete floors, demised exterior walls, HVAC, roof, and utilities stubbed to the premises sufficient for a Big Air Trampoline Facility.
In addition, these amounts do not reflect costs for the purchase of unimproved land and construction of a freestanding Big Air Trampoline Facility, which also would result in a significantly greater initial investment.
This estimate does not include any tenant improvement allowance you may receive from the landlord for your Big Air Trampoline Facility.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–22)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the leasehold improvements estimate does not include several key costs. Specifically, the estimate excludes expenses related to any necessary site development or site engineering work. It also does not account for capitalized costs of rent or other occupancy costs, whether over the life of the lease or the life of the franchisee's investment.
Furthermore, the leasehold improvements estimate assumes that the landlord will provide a "vanilla shell" space. This means the space should, at a minimum, include concrete floors, demised exterior walls, HVAC, a roof, and utilities stubbed to the premises, all sufficient for a Big Air Trampoline Facility. The estimate also does not reflect costs for the purchase of unimproved land and construction of a freestanding Big Air Trampoline Facility, which would significantly increase the initial investment. Finally, the estimate does not include any tenant improvement allowance the franchisee may receive from the landlord.
Prospective Big Air Trampoline Park franchisees should be aware that these exclusions could substantially increase their initial investment depending on the specific location and the terms of their lease agreement. It is crucial to carefully investigate all potential costs in the area where they plan to establish their Big Air Trampoline Facility and to discuss these exclusions with the franchisor and a business advisor.