"Flip Lab"
Trampoline hall in Graz Center West in bankruptcy
The well-known trampoline hall "Flip Lab" in the Center West shopping center in Graz has slipped into insolvency. 21 employees are affected and the insolvency administrator will examine whether it is in the interests of the creditors to continue operations.
Around 2.46 million liabilities have accumulated, assets are currently unknown according to the KSV1870 credit protection association. 37 creditors are affected by the insolvency of Freizeitanlagen CW GmbH & Co KG (the official name of the company), which employed 21 staff.
These are the causes of the insolvency
According to the debtor company, the causes of the insolvency are manifold. According to them, the expected number of visitors could not be achieved (the bouncy castle area on the upper floor has been closed for months), as a result of which income fell well short of the amounts required to cover fixed costs. Other reasons for the bankruptcy: strong competition and an unfavorable market development, and the trampoline sport had not been able to establish itself in the region.
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