In this FDD Talk post, you’ll learn the following:
- Section I – Background information on the Big Air Trampoline Park franchise opportunity, including relevant news updates
- Section II – Estimated initial investment for a Big Air Trampoline Park franchise, based on Item 7 of the company’s 2017 FDD
- Section III – Initial franchise fee, royalty fee, marketing fee, and other fees for a Big Air Trampoline Park franchise, based on Items 5 and 6 of the company’s 2017 FDD
- Section IV – Presentation and analysis of Big Air Trampoline Park’s financial performance representations, based on Item 19 of the company’s 2017 FDD, including information on the:
- 2016 actual and average gross revenue; operations/supplies/food service; payroll; marketing; utilities; rent; miscellaneous operating expenses; general, administrative, and interest; and net operating income for the two affiliate-owned Big Air Trampoline Parks that were open during the entire 2016 calendar year
Section I – Background Information
12 Things You Need to Know About the Big Air Trampoline Park Franchise
Debuted the First Trampoline Laser Maze on the West Coast
1. On September 22, Big Air Trampoline Park debuted its newest attraction at its original Laguna Hills location, The Laser Maze at Big Air. It is the first laser maze to feature trampolines on the West Coast.
2. The Laser Maze features multiple game play modes and difficulty levels including the Laser Maze Challenge and Beam Buster. The more difficult Laser Maze Challenge tasks players with bouncing their way across a dark room filled with a dense field of lasers without breaking any of the beams. The Beam Buster is designed for younger players and encourages participants to break as many beams as possible in 30 seconds.
3. A leaderboard shows all-time high scores and digital monitors display a live feed of the games to customers waiting in line for their turn. Kevin Odekirk, president of Big Air, said, “Big Air prides itself on consistent innovation and staying ahead of industry trends. This west-coast-first trampoline laser maze is a great example of that. We’re thrilled!”
Newest Location Opened in North Carolina
4. At the end of summer 2017, Big Air Trampoline Park opened its first location in North Carolina in the city of Charlotte. The location is owned and operated by franchisees Jon and Deborah Cox and is located in Crown Pointe Plaza. The activities available at Big Air Charlotte include Big Air’s birthday party program, Battlebeam®, The Bullpen, a three-lane obstacle course, a wipeout-style attraction, and two unique climbing experiences: Faceoff and Rubik’s Tower.
5. Like all Big Air locations, Charlotte offers the Big Air Memberships program, a no contract, monthly membership option. Big Air president Kevin Odekirk said, “The Big Air family is thrilled, not only to bring our unparalleled brand of active family fun to the Charlotte area, but to do so while connecting with a truly excellent local operator.”
Offering Several Activities in Addition to Trampolines
6. Big Air Trampoline Park offers a wide range of activities and events in addition to its trampoline court. The special activities offered vary by location. There is a climbing wall, a foam pit, basketball hoops of varying rim heights, and a designated safe trampoline space for toddlers.
7. Big Air locations also feature Battlebeam, a one-on-one jousting battle over a foam pit, as well as extreme dodgeball, which features the classic school yard game on Big Air’s trampoline dodgeball courts. Big Air Laguna recently opened its newest attraction, The Laser Maze, and other locations have The Bullpen.
8. Every Friday and Saturday night, Big Air locations host Cosmic Nights, where the lights are turned off, laser lights are turned on, and a DJ plays music.
9. Big Air Trampoline Park was founded in 2012 by Gregg Briggs in Laguna Hills, California. Prior to opening the first Big Air Trampoline Park, Briggs served as the vice president of Wild Rivers Waterpark in Irvine, California as well as the vice president of the World Waterpark Association (WWA), where he was responsible for developing operating policy and managing public relations.
10. Initially, Briggs was interested in building and acquiring more waterparks across the western U.S. One of the waterparks he acquired had extra indoor space and he decided to build an indoor trampoline park in order to generate revenue year-round. This first trampoline park venture led to Big Air Trampoline Park, which currently has five locations open in California, South Carolina, and North Carolina.
11. Franchising launched in 2015 and Big Air Trampoline Park is looking to open franchises nationwide.
Entrepreneur’s Franchise 500
12. As a newer franchise, Big Air Trampoline Park has not yet appeared on Entrepreneur’s annual
Franchise 500 list.
Section II – Estimated Costs
- Please click here for detailed estimates of Big Air Trampoline Park franchise costs, based on Item 7 of the company’s 2017 FDD.
Section III – Initial Franchise Fee, Royalty Fee, Marketing Fee, and Other Fees
- Please click here for detailed information on Big Air Trampoline Park’s initial franchise fee, royalty fee, marketing fee, and other fees, based on Items 5 and 6 of the company’s 2017 FDD.
Section IV – Financial Performance Representations (Item 19, 2017 FDD) and Analysis
- One of the franchisor’s Affiliates, BigAir-LH, operates one business similar to the Big Air Trampoline Business you will operate. BigAir-LH was initially formed in the State of California on October 1, 2012 and has operated a Big Air Trampoline Business in Laguna Hills, California since March 2013.
- Another Affiliate, BigAir-BP, operates one business similar to the Big Air Trampoline Business you will operate. BigAir-BP was initially formed in the State of California on April 18, 2014, and has operated a Big Air Trampoline Business in Buena Park, California since April 2015.
- Both BigAir-LH and BigAir-BP had Big Air Trampoline Businesses open during the entire Reporting Period.
- The franchisor does not report any information for any of its franchised Big Air Trampoline Parks because none of these locations were open for the full Reporting Period.
- The table below summarizes the financial performance of the businesses operated by BigAir-LH and BigAir-BP during the period between January 1, 2016 and December 31, 2016 (“Reporting Period”).
- Specifically, the figures in the table below represent Annual Gross Revenue, Annual Expenses, and Annual Net Ordinary Income experienced by the franchisor’s Affiliate operations in Laguna Hills, California and Buena Park, California during a 12-month operating period (“Operating Period”) within the Reporting Period.
Part 1 – Actual Annual Gross Revenue, Expenses, Net Ordinary Income (January 1, 2016 to December 31, 2016)