What is the estimated range for Real Estate Leasing costs for a Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
ls, California.
(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. We will provide you with a basic set of design drawings for our standard layout for a Big Air Trampoline Facility. We will also work with you to develop a basic design for your Big Air Trampoline Facility. You will need to hire our designated architect or hire a local architect to prepare plans for your particular location and to create construction drawings which will be used by your local contractor to secure construction permits and to build your location.
(7) Leasehold Improvements. 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. These costs could be substantially higher in certain markets. You should carefully investigate all of these costs in the area where you wish to establish 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, if a franchisee does not own adequate space, they must lease space for their Big Air Trampoline Facility. Typically, this requires paying the first and last month's rent, along with a security deposit, upon signing the lease. Big Air Trampoline Park locations are generally found in light industrial areas, retail areas, strip malls, freestanding buildings, and major retail malls. The typical size for a Big Air Trampoline Park is between 25,000 to 40,000 square feet, though some franchisees may elect to or be required to take significantly more square footage. Big Air Trampoline Park reserves the right to deny approval of a proposed location if they deem it too large or too small.
The FDD indicates that the business terms and conditions of all agreements related to the purchase, lease, and alteration of the property will be negotiated by the franchisee with assistance from Big Air Trampoline Park or its designee. The franchisee is also required to incorporate certain legal provisions into the lease. The document states that the provided amounts are Big Air Trampoline Park's best estimate of the range of costs for site acquisition, fees, and security deposits.
Item 7 in the FDD also mentions 'Additional Funds,' which are for budgeting purposes to account for unanticipated expenses. This includes estimated operating expenses expected during the first three months of operations, not including any revenue generated by the Big Air Trampoline Park business. These expenses include working capital, royalties, national marketing and promotions fees, POS licensing fees, technology support fees, advertising, payroll costs, deposits, fees for city, state, and local business licenses, business entity organization expenses, other prepaid expenses, accounting and professional fees, and real estate leasing costs that may be payable during the first three months of operation, along with other operational expenses. These figures do not include any taxes or other permitting or licensing fees that the franchisee may pay.
It is important to note that the estimated initial investment figures do not include capitalized costs of rent or other occupancy costs over either the life of the lease or the life of the investment. The estimates assume that the landlord will provide a "vanilla shell" space, which includes concrete floors, demised exterior walls, HVAC, roof, and utilities stubbed to the premises. The estimates also do not reflect costs for the purchase of unimproved land and construction of a freestanding Big Air Trampoline Facility, which would result in a significantly greater initial investment. The estimate does not include any tenant improvement allowance the franchisee may receive from the landlord, and these costs could be substantially higher in certain markets. Prospective franchisees should carefully investigate all of these costs in the area where they wish to establish their Big Air Trampoline Facility.