What is the condition for purchasing or leasing real property for a Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
payment of a $5,000 extension fee ("Extension Fee").
- 8.3 Franchisee shall complete the construction of Franchisee's Big Air Trampoline Facility, and shall maintain the Big Air Trampoline Facility, in accordance with the following requirements:
- (a) Franchisee shall, at Franchisee's sole cost and expense, complete the interior build-out and install all equipment, furniture, fixtures, and security cameras as specified by Franchisor in the Operations Manual, and required by this Agreement.
- (b) Franchisee may purchase or lease the required real property and improvements from any source upon terms approved by Franchisor in writing. Franchisee must obtain Franchisor's approval regarding location of the Big Air Trampoline Facility within 180 days of the execution of this Agreement. If Franchisee does not obtain approval from Franchisor of the site, which may be withheld in Franchisor's sole discretion, within 180 days after the effective date of the Franchise Agreement, Franchisor may elect to terminate this Agreement in Franchisor's sole discretion. Franchisee must deliver to Franchisor any traffic, competition and demographic or similar location information relating to any proposed site that Franchisor reasonably requests for review at least 20 days before any proposed Lease signing date. Franchisee must deliver to Franchisor, within 60 days of Franchisor approving the site, a copy of the proposed Lease, in a form acceptable to Franchisor, and such Lease must incorporate the terms of the Lease Addendum attached to this Agreement as Attachment F. Notwithstanding anything herein to the contrary, Franchisor may, in its sole discretion, extend the time periods set forth in this Section 8.3(b).
- (c) Subject to the terms of this Section, Franchisee must at all times comply with Franchisor's standards, specifications, processes, procedures, requirements and instructions regarding the Big Air Trampoline Facility's physical facilities, including the layout of the equipment, furnishings, fixtures, and activity, party, and waiting rooms. Franchisee must maintain the Big Air Trampoline Facility and any parking areas in good and safe condition, as specified in the Operations Manual.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, a franchisee may purchase or lease real property from any source, but it is contingent upon receiving written approval from Big Air Trampoline Park. The franchisee must secure the location of their Big Air Trampoline Park within 180 days of the execution of the Franchise Agreement. If the franchisee fails to obtain site approval from Big Air Trampoline Park within this 180-day period, Big Air Trampoline Park reserves the right to terminate the agreement.
Before signing any lease, the franchisee is required to provide Big Air Trampoline Park with traffic, competition, demographic, and other location-related information for review at least 20 days prior to the proposed lease signing date. Within 60 days of Big Air Trampoline Park's site approval, the franchisee must submit a copy of the proposed lease, in a format acceptable to Big Air Trampoline Park, which incorporates the terms of the Lease Addendum attached to the Franchise Agreement.
Big Air Trampoline Park emphasizes that the location of the Big Air Trampoline Facility is a critical factor in the potential success of the business, and they reserve the right to reject any location at their sole discretion. While Big Air Trampoline Park offers assistance in analyzing locations and negotiating lease terms, their assistance does not constitute a guarantee regarding the property's success or the lease's viability. The franchisee is ultimately responsible for locating a suitable site and negotiating the lease, potentially utilizing Big Air Trampoline Park's designated real estate services supplier.