Established Franchise that is Recreationally and Financially Fun

Business Details

Motivated seller prepared to meet the market, buyers at $500,000+ must look.

For Sale is one of Australia’s premier indoor trampolines businesses. Flip Out is a recreation facility that provides hosted Birthday Parties, Group Celebrations, Fitness Classes, Trampoline Classes (Little Ninjas) but primarily is an amusement venue for family recreation.

Do you have an appreciation for profits? Do you want a lifestyle business so you can kick back and let staff operate the business? Do you want to own a business where all the hard work setting up the equipment and systems has already been done for you?

If you answered yes to these questions, then look no further than Mitchell Flip Out.

There are four key reasons you should consider owning this systemised business:

1. PEBITDA a touch over $200,000, with owner’s wages + superannuation of $57,233
2. Limited owner involvement of 12-15 hours per week, with staff running the operations without the owner present
3. Endless opportunities; with half of Canberra’s population living in the surrounding districts of Belconnen, North Canberra and Gungahlin (approx. 216,000 according to the ABS in 2015) this provides a massive potential customer base and incredible opportunity for growth.
4. Being part of one of Australia’s most reputable and successful franchises.

Still not convinced?

Despite the highly-specialised equipment, staff are easy to train and recruit.  The business has established systems and procedures which enable the staff, whom are mainly under 22, be managed by shift-leaders. This level of systemisation has reduced labour costs and enables the owners to undertake primarily offsite involvement.

Everyone loves jumping on a trampoline. Kids love to bounce and jump in the foam pit. For adults, jumping on the trampolines is a childhood memory of being a kid in the backyard. This business offers a unique working environment- it's a fun place to be

On top of this, Flip Out Mitchell won the ACT Region Entertainment Book Gold Award – Best Recreational Activity in 2016 and featured in the 2016 Canberra Tourisim marketing campaign.

The owners have committed to a different business direction and this business must be sold. If you are looking for a successful, established business you can put your name to make an offer today.

To express your interest and receive our full Business Information Package (BIP), please email - sales@capitalcommercial.com.au - with your full name, contact number and stating that you would like to receive further information about this business. We will then email you the deed of confidentiality, which once completed will enable us to email you the BIP and supporting documents.

Thank you on behalf of the team at Capital Commercial Business Sales.

Financial Snapshot

Reporting Period 2017 Weekly Average 2016 Weekly Average Weekly Average
Gross Profit $859,001.00 $16,519.25 $536,966.00$10,326.27 $0.00 $0.00
PEBITDA $204,961.00 $3,941.56 $47,747.00$918.21 $0.00 $0.00
Rent $239,269.00 $4,601.33 $190,154.00$3,656.81 $0.00 $0.00
Wages and salary $274,150.00 $5,272.12 $184,846.00$3,554.73 $0.00 $0.00
Advertising $18,457.00 $354.94 $11,632.00$223.69 $0.00 $0.00

Business Summary

Canberra, Australian Capital Territory
Children's Products & Services.
  • Sublease:
  • Commencement: 03/03/2015
  • Termination: 02/03/2020
  • Term: Five years
  • Option to renew: Five years
  • Base rent: $230,000 plus GST.
  • Monthly rent: $22,367.30 including GST
  • Annual increases:
    (a) Fixed percentage increase of 3% per annum on each Rent Review Date;
    (b) Upon exercise of the option, the rent will revert to Market Rent; and
    (c) Fixed percentage increase of 3% per annum on each Rent Review Date during any further term
  • 3 month’s rent bank guarantee required (approx. $63,250 including GST).
  • Public liability Insurance: $20 million
  • SQM: 2859sqm
  • Outgoings: Percentage of increases
The business currently employs around 27 staff in the following roles: Shift leaders Customer service attendants Trampoline supervisors Little Ninja coaches Party hosts
72 hours
Franchise, under management

Enquire Now

Sales Summary

Sale Status : New Listing

Sale Method : Private Treaty

Investment Amount : $500,000

Stock at Value : $0.00

Finance Options :

Frank Walmsley

1300 793 690

0400 446 605

sales@capitalcommercial.com.au