FranchiseVerdict
BIG AIR TRAMPOLINE PARK logo
FV-00295·MODERATEExcellent100

Big Air Trampoline Park

OtherFranchising since 2015Website
Investment
$2.5M – $4.6M
96th pct Other
Avg revenue
$2.7M
44th pct Other
Royalty
6.0%
17th pct Other
Units
17
45th pct Other
SBA default

Bottom line

  • Total investment $2.5M – $4.6M including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $2.7M/year (median $2.4M). Estimated payback in 5.8 years.
  • Rated MODERATE with a risk score of 57/100.

Item 1 · who you're contracting with

The Franchisor

Legal entity
Big Air Franchising, LLC
Parent company
H2O Partners, LLC
Incorporated in
California
HQ
9891 Irvine Center Dr. #200, Irvine, CA 92618
Auditor
DeLuca Accountancy Corporation
Audited financials
Franchisor revenue
$2.7M
vs $3.0M prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one BIG AIR TRAMPOLINE PARK unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $2,661,511
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $2.5M–$4.6M
Working capital
$
FDD reports $200K–$200K

Unlevered ROIC · per unit

11%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$426K
EBITDA margin
16.0%
Total invested
$3.7M
Payback
105 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 BIG AIR TRAMPOLINE PARK units return on equity?

Edit assumptions

Equity IRR · 5-yr

27.6%

3.38× MOIC

Year-1 DSCR

2.96×

EBITDA ÷ debt service

Equity required

$11.8M

on $24.0M purchase

Total debt

$12.2M

SBA $5.0M + senior + seller note

SBA 7(a) request ($12.0M) exceeds the $5M program cap. Excess capped automatically; backfill via conventional or equity.

Overview

About

Franchisees operate indoor trampoline parks offering recreational jumping, foam pits, dodgeball, and aerial fitness activities for children and adults. Daily operations include facility maintenance, staff supervision, liability management, birthday party/event hosting, and membership sales.

CEO
Kevin Odekirk
Founded
2015
FDD year
2025
States available
8

Item 7 · what it costs

The Vitals

Total investment
$2.5M – $4.6M
All-in to open one unit
Liquid capital
$200K – $200K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Gross Revenue · typical 6–8%
Ad fund
1.0%
typical 3–5%
Total fee load
7.0%
vs 9–13% typical
Payback period
5.8 yrs
From v3 / Item 19

Item 19

Financial Performance

Avg gross sales
$2.7M
Per unit, per year
Median gross sales
$2.4M
Item 19 type
Gross Revenue, Expenses, and Profit
Sample size
13 units
vs category median 20
Range (low → high)
$1.9M$3.9M
Cohort dispersion
Transparency
7 / 5
vs category median 3 / 5 · above
Revenue rank44th
vs Other peers
Investment cost rank96th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank45th
vs Other peers
Risk score rank32th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
17
Opened
5
Last reporting year
Closed
0
Turnover rate
0.0%
Company-owned
2
Corporate units in the system
% franchised
88%
vs corporate-owned
Net growth (yr3)
+50.0%
Net unit change last year
3-yr CAGR
+36.4%
Compounded over last 3 years
2023
15+5
Franchised units
2024
10
Franchised units
2025
11
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 37 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Registered · 37 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

No SBA loan data available for this brand.

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

57
Risk · 0-100
MODERATE57 / 100

High capital requirements, unresolved going concern status, regulatory compliance history, and lack of audited financial performance data create meaningful risk despite strong top-line revenue figures.

Score breakdown · what drove the 57 / 100 rating

  1. 01HIGHGoing Concern status is FALSE — franchisor may have financial stability issues or undisclosed operational challenges
  2. 02HIGHLitigation history in 2019 involving unregistered franchise sale in California indicates regulatory compliance gaps and potential legal exposure
  3. 03MINORHigh initial investment ($2.5M–$4.56M) relative to average net income ($606K) yields 4–7.5 year payback period with significant capital risk
  4. 04MINORExplosive unit growth (50% YoY) is unsustainable and may indicate aggressive recruitment masking underlying franchisee satisfaction issues
  5. 05MINORNo Item 19 (Financial Performance Representation) provided — cannot independently verify average revenue/income claims for existing units

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Territory
Radius
Protected territory
Yes
Initial term
10 years
Renewal term
10 years
Online sales rights
Restricted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
1
Right of first refusal
Yes
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Non-compete
2 yrs
Post-termination restriction
Owner-operator
Required
Governing law
California

Item 11

Training & Operations

Classroom training
20 hrs
On-the-job training
45 hrs
POS system
CenterEdge
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

74 numbers

Locked
(773) 383-••••
IL
(571) 241-••••
VA
(201) 889-••••
NJ

One-time purchase · CSV download · Validation questions included

FDD download

BIG AIR TRAMPOLINE PARK · FDD (2025) PDF

Single-page checkout · instant download · CSV export of contacts available separately above