What is the conference fee range for the annual meeting of all franchisees for Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
hosen 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 a
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 26–34)
What This Means (2025 FDD)
According to the 2025 FDD, Big Air Trampoline Park franchisees are required to attend an annual meeting once the franchise system has grown to a sufficient size, as determined by the franchisor. Franchisees are responsible for covering the costs associated with attending this mandatory meeting. These costs include a conference fee ranging from $1,000 to $1,500 per person.
In addition to the conference fee, franchisees must also pay for lodging, food, and transportation expenses for themselves and anyone else attending the meeting with them. This could represent a significant expense for franchisees, especially considering the mandatory nature of the meeting. Franchisees should factor these costs into their annual budget and business planning.
The FDD specifies that the annual meeting's location will be determined by Big Air Trampoline Park. This could mean the meeting is held at the headquarters in Ladera Ranch, California, or at another Big Air Trampoline Park location. The location may influence the overall cost of attending, particularly regarding transportation and lodging expenses. Franchisees should inquire about potential meeting locations to better estimate these costs.