To whom are Leasehold Improvement payments made when opening a Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
t to develop 2 Big Air Trampoline Facilities)**
| Type of Expenditure (1) | Low Amount | High Amount | Method | When Due | To Whom |
|---|---|---|---|---|---|
| of Payment | Payment is Made | ||||
| Multi-Unit Development Fee (2) | $22,500 | $22,500 | Lump sum | Upon signing the Multi-Unit Devel |
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, leasehold improvement payments are made to the building contractor. Leasehold improvements for a Big Air Trampoline Park are estimated to cost between $600,000 and $1,900,000. These payments are made at varied times as agreed upon by the franchisee and the contractor.
It is important to note that these costs are estimates based on Big Air Trampoline Park's experience constructing three locations in California. The actual costs may vary significantly based on local conditions, including the availability and prices of labor and materials. The estimate also assumes that the landlord will provide a "vanilla shell" space with basic features like concrete floors, exterior walls, HVAC, roof, and utilities.
Prospective franchisees should carefully investigate all costs associated with leasehold improvements in their desired location. This includes obtaining quotes from multiple contractors and understanding the specific requirements of the space being leased. Additionally, franchisees should inquire about any tenant improvement allowances that may be available from the landlord, as these allowances can help offset the costs of leasehold improvements.