Is attendance mandatory at the annual franchisee meeting for Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
ion chosen by us. (Section 7.5(b) of the Franchise Agreement).
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- When we have grown to a sufficient size, in our discretion, we will hold an annual meeting of all franchisees. Attendance will be mandatory at these meetings. You will be required to pay a conference fee, ranging from $1,000 to $1,500 per person, and all of the lodging, food, and transportation costs incurred by you and anyone attending with you. (Section 7.5(c) of the Franchise Agreement).
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- Inform you of mandatory specifications, standards and procedures for the operations of your Big Air Trampoline Business, as described in ITEM 8. (Section 7.5(d) of the Franchise Agreement). There are no additional charges for these services.
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- Research new Products, Services and training methods and provide you with information concerning developments of this research. (Section 7.5(e) of the Franchise Agreement).
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, attendance at the annual meeting of all franchisees is mandatory when the franchisor has grown to a sufficient size and chooses to hold such a meeting. Franchisees are responsible for paying a conference fee, which ranges from $1,000 to $1,500 per person, as well as covering all lodging, food, and transportation costs for themselves and anyone attending with them.
This means that if Big Air Trampoline Park reaches a certain size and decides to host an annual meeting, franchisees will be required to attend. This mandatory attendance ensures that franchisees stay informed about the latest developments, strategies, and best practices within the Big Air Trampoline Park system. It also provides an opportunity for networking and collaboration among franchisees.
However, franchisees should be aware of the financial implications of attending these meetings. The conference fee, along with travel and accommodation expenses, can add a significant cost. Franchisees should factor these expenses into their annual budget and consider the potential return on investment from attending the meeting, such as gaining valuable insights or building relationships that can benefit their business. It's also important to note that the location of these conferences may vary, potentially impacting travel costs. The FDD mentions that conferences are held in Ladera Ranch, California, or at a Big Air Trampoline Park location chosen by the franchisor.