Buying an Altitude Trampoline Park franchise: SBA acquisition loan data
Since FY2018, SBA lenders have approved 7 7(a) loans to buy an existing Altitude Trampoline Park (classified mostly as All Other Amusement and Recreation Industries), totaling $13.4M. The median loan was $1,823,000, 183% higher than the $645,250 median for all SBA-financed acquisitions. 1 of these loans were approved in the last two fiscal years.
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
What this tells a buyer
- Price range to expect. Loan size tracks purchase price. Half of Altitude Trampoline Park resale loans landed between $1,112,050 and $2,672,500.
- Lender experience exists. Western State Bank alone has financed 2 Altitude Trampoline Park resales.
- Guaranty. The SBA guaranteed 70% of the dollars lent here.
- What the file leaves out. The SBA file does not record franchisor transfer terms or fees.
Financing an Altitude Trampoline Park resale
The median SBA 7(a) loan for an Altitude Trampoline Park resale was $1,823,000 across 7 loans (FY2018 to FY2026). Western State Bank, Northwest Bank and Busey Bank have financed the most Altitude Trampoline Park resales. Too few of these loans are old enough to measure a charge-off rate; the average for all SBA acquisition loans is 3.5%.
Altitude Trampoline Park acquisition loans by year
| Fiscal year | Loans | Total approved | Median loan | |
|---|---|---|---|---|
| FY2018 | 1 | $1.4M | $1,370,100 | |
| FY2019 | 1 | $1.8M | $1,823,000 | |
| FY2020 | 0 | $0 | - | |
| FY2021 | 0 | $0 | - | |
| FY2022 | 0 | $0 | - | |
| FY2023 | 1 | $2.8M | $2,825,000 | |
| FY2024 | 3 | $6.8M | $2,520,000 | |
| FY2025 | 0 | $0 | - | |
| FY2026 | 1 | $567K | $567,000 |
How often do these acquisition loans fail?
Fewer than 20 Altitude Trampoline Park acquisition loans are old enough to measure losses reliably, so no charge-off rate is shown. The benchmark across all SBA acquisition loans in the FY2018 to FY2021 cohort is 3.5% by count. Non-acquisition 7(a) loans (every other stated purpose) approved FY2018 to FY2021 charged off at 6.2%.
"Charged off" is the SBA's final loss action on a defaulted loan after collection efforts. It lags default by a year or more, which is why only older cohorts are measured. It is not the same as a delinquency rate, and loans still outstanding can still fail. See charge-off in the glossary.
The purchase agreement decides what you bought, not the loan approval.
Request Engagement AssessmentAll 50 states. Free consultation.
Lenders financing Altitude Trampoline Park resales
| # | Lender | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Western State Bank | 2 | 28.6% | $6M | |
| 2 | Northwest Bank | 1 | 14.3% | $2.8M | |
| 3 | Busey Bank | 1 | 14.3% | $1.8M | |
| 4 | Simmons Bank | 1 | 14.3% | $1.4M | |
| 5 | Texas Capital Bank | 1 | 14.3% | $854K | |
| 6 | Citizens Bank, National Association | 1 | 14.3% | $567K |
States where Altitude Trampoline Park units are bought
| # | State | Loans | Share | Dollars | |
|---|---|---|---|---|---|
| 1 | Texas | 2 | 28.6% | $2.2M | |
| 2 | Washington | 1 | 14.3% | $3.5M | |
| 3 | Tennessee | 1 | 14.3% | $2.8M | |
| 4 | Massachusetts | 1 | 14.3% | $2.5M | |
| 5 | Illinois | 1 | 14.3% | $1.8M | |
| 6 | Pennsylvania | 1 | 14.3% | $567K |
Seller note standby terms and third-party consents are reviewed before closing.
Submit Transaction DetailsSBA-financed deals. All 50 states.
Questions buyers ask
How much do buyers borrow to buy an Altitude Trampoline Park franchise?
The median SBA 7(a) loan for an Altitude Trampoline Park resale was $1,823,000 across 7 loans (FY2018 to FY2026). The middle half of loans ran from $1,112,050 to $2,672,500. The loan excludes the buyer's equity and any seller note and may include working capital, so the price is usually higher than the loan.
Which banks finance Altitude Trampoline Park acquisitions?
Western State Bank has made the most SBA acquisition loans for Altitude Trampoline Park (2, 29% of the total). Northwest Bank, Busey Bank, Simmons Bank follow.
What interest rate and term do Altitude Trampoline Park acquisition loans carry?
The average initial rate at approval was 9.31% (a blend of fixed and variable loans across several rate environments, so treat it as context, not a quote). The median term was 10 years.
Is an Altitude Trampoline Park resale riskier than other SBA-financed acquisitions?
Too few Altitude Trampoline Park acquisition loans are old enough to measure. The benchmark for all SBA acquisition loans is 3.5% charged off in the FY2018 to FY2021 cohort.
Where are Altitude Trampoline Park units being bought with SBA loans?
Texas (2), Washington (1), Tennessee (1), Massachusetts (1), Illinois (1). State counts follow where the brand has units and where SBA lending is most active generally; see the state pages for the overall picture.
Terms signed in the LOI shape the purchase agreement that follows.
Request Engagement AssessmentAlex Lubyansky leads every engagement.
Advertise on this site: lenders, brokers, valuation and insurance firms. See options
Related
- All All Other Amusement and Recreation Industries acquisitions
- Texas acquisitions
- Washington acquisitions
- Tennessee acquisitions
- Northwest Bank
- Busey Bank
- Simmons Bank
- All franchise brands
Brand name as recorded by lenders in the SBA file: "Altitude Trampoline Park" (franchise code S0096). Figures are aggregates of public SBA data and are not provided or endorsed by the franchisor.