So you’ve decided that your next life and career challenges will be running a trampoline park. It is an exciting business challenge and if you plan it meticulously it can bring you large profits in the coming years. One of the key questions at the beginning of this new path is certainly what the amount of investment will be.
What investment is required to set up a trampoline park?
Getting a trampoline park up and running is an exciting business challenge and if you plan it meticulously it can bring you large profits in the coming years. The key question, of course, is where to begin.
The best way is to have a good business plan which is of key importance for successful operations and the final success of the trampoline park. One of the main questions is, how much does a trampoline park cost, and what kind of investment does it require?
We will try to answer this question below.
The initial expenses of setting up a trampoline park are usually high. They are mostly connected with the cost of infrastructure trampoline park equipment, assembly, and transport. Then there are all the other expenses such as the opening, promotion, and insurance.
Costs of the location, hall, and basic infrastructure
The greatest investment costs are undoubtedly the expenses connected with the location, hall, and basic infrastructure. Usually, these expenses are several times greater than the cost of the trampoline park equipment.
The first step investors must take even before entering the trampoline park market is to have a look around and examine in depth the infrastructure already present in the area of the desired trampoline park location. Information about current infrastructure, possibilities for rental, and the suitability of existing infrastructure are very important for further action.
On this basis you will get an answer to the fundamental question: will you build a completely new hall, revitalize an old and derelict building or rent a hall?
1. Building a new hall
The most demanding phase in setting up a trampoline park is undoubtedly building a new hall. First of all, you will need an appropriate plot of land. If you haven’t already done so, then in the start-up expenses of the trampoline park you must also consider the cost of buying land and arranging all the necessary permits linked to changing the designated use of the land. The cost of land varies a lot nowadays, depending above all on the chosen location of the trampoline park.
Building a new hall will cost you somewhere
between EUR 600 and 700 /m2 or more,
depending very much on your chosen location
and the complexity of the construction.
But don’t forget that for a successful trampoline park start-up, a new hall will not be enough. In the early phase, you will also have to take care of all additional infrastructure such as access roads, parking spaces, and other additional infrastructure, which is of equal importance for the trampoline park so don’t forget to include them in your trampoline park budget.
2. Rental
Before setting up a trampoline park business, it is worth checking to see if there is not already a suitable hall at the desired trampoline park location that is already built and is also suitable for rental. However, bear in mind that existing halls rarely meet all demands and requirements of a trampoline park.
In this case, besides the rental costs which differ depending on the location, you should also consider what kind of procedures there are to change the designated use of the hall. You should also be aware of all additional construction interventions in the existing hall necessary to make it suitable as a trampoline park.
3. Revitalisation of old industrial buildings
The costs of building a new hall can be considerably reduced by investors by revitalizing old, derelict buildings which are often unused. Such buildings have another advantage in that they are usually opened wide, having a large surface without any unnecessary walls which can substantially reduce the costs of further construction work. Of course, this is possible only if such a building is present in the vicinity of the desired trampoline park location.
The next step, you must take after having taken care of the trampoline park location is to acquire all necessary documentation. This includes all permits, taxes, and fire and safety inspections.
