On what experience are the leasehold improvement cost estimates for Big Air Trampoline Park based?
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.
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, the estimates for leasehold improvements are based on the company's experience constructing three Big Air Trampoline Park locations in California. However, the document states that these costs can vary significantly based on local conditions, including the cost of labor and materials. These estimates also assume that the landlord will provide a "vanilla shell" space with concrete floors, exterior walls, HVAC, roof, and utilities.
It's important to note that the leasehold improvement estimates do not include expenses for site development, site engineering, capitalized rent, or other occupancy costs. Additionally, the estimates do not account for the purchase of unimproved land or the construction of a freestanding Big Air Trampoline Park, which would substantially increase the initial investment. The document also clarifies that any tenant improvement allowance potentially received from the landlord is not factored into these estimates.
Prospective franchisees should carefully investigate all costs associated with leasehold improvements in their specific area, as these costs could be substantially higher in certain markets. Given the variability, it would be prudent to consult with local contractors and real estate professionals to obtain more accurate estimates tailored to the franchisee's location. Understanding these potential cost variations is crucial for accurate financial planning when considering a Big Air Trampoline Park franchise.