factual

What is the estimated cost range for utility deposits for a Big Air Trampoline Park?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

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  • (5) Real Estate Leasing. If you do not own adequate space, you must lease space for your Big Air Trampoline Facility. Generally, this will require that you pay the first and the last month's rent, plus a security deposit, at the time you sign the Lease. Big Air Trampoline Facilities are generally located in light industrial areas, retail areas, strip malls, freestanding buildings and major retail malls. The typical size of a Big Air Trampoline Facility is 25,000 to 40,000 square feet, but in some cases, franchisees have elected to, or been required to, take significantly more square footage. We reserve the right to deny approval to your proposed Big Air Trampoline Facility if we deem it too large or too small, in our sole discretion. In most cases, the business terms and conditions of all agreements relating to the purchase, lease, and alteration of the property will be negotiated by you with our assistance or the assistance of our designee. We also require that you incorporate certain legal provisions into your Lease. These amounts are our best estimate of the range of costs for site acquisition, fees, and security deposits.
  • (6) Architectural Fees.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–22)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the initial investment for a Big Air Trampoline Park franchise includes deposits. Item 7 discusses various deposits, including those for lease space and utilities. Specifically, the FDD states that when leasing space, franchisees generally need to pay the first and last month's rent, along with a security deposit. Additionally, under 'Additional Funds', the document mentions deposits as part of the estimated operating expenses incurred during the first three months of operations. However, the FDD does not provide a specific estimated cost range for utility deposits.

While the FDD does not provide a specific cost range for utility deposits, it does offer some guidance. It advises prospective franchisees to carefully investigate all costs in the area where they wish to establish their Big Air Trampoline Park. The document also notes that costs could be substantially higher in certain markets. This suggests that utility deposit costs can vary significantly depending on the location of the franchise.

To get a more accurate estimate of utility deposit costs, prospective Big Air Trampoline Park franchisees should contact local utility companies in their target area. They should also consult with existing business owners in the area to get an idea of typical utility deposit amounts. Additionally, franchisees should discuss utility deposit costs with the franchisor to see if they have any data or insights on typical costs in different markets. Gathering this information will help franchisees develop a more realistic financial plan for their Big Air Trampoline Park franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.