What is the 'Convention Fee' for a Big Air Trampoline Park franchise used for?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
(g) "Convention Fee" means the fee Franchisee pays Franchisor to attend conferences, meetings, seminars and/or workshops.
(b) Franchisee or its Designated Business Manager must attend mandatory annual conferences at such locations as Franchisor may reasonably designate, and Franchisee will pay all salary and other expenses of each person attending, including any conference fees, travel expenses, meals, living expenses and personal expenses.
If Franchisee fails to attend an annual conference for any reason, Franchisor shall be entitled to use the accumulated Convention Fee paid by Franchisee for any purpose in Franchisor's sole discretion.
The Convention Fee is nonrefundable for any reason once paid.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the 'Convention Fee' is defined as the fee a franchisee pays to Big Air Trampoline Park to attend conferences, meetings, seminars, and/or workshops. Franchisees or their designated business managers must attend mandatory annual conferences, and they are responsible for all associated costs, including the Convention Fee, salary, travel, meals, and personal and living expenses. These conferences are typically held in Ladera Ranch, California, or at another location chosen by Big Air Trampoline Park.
If a Big Air Trampoline Park franchisee fails to attend an annual conference for any reason, Big Air Trampoline Park is entitled to use the accumulated Convention Fee paid by the franchisee for any purpose at their discretion. Once paid, the Convention Fee is nonrefundable, regardless of the reason for non-attendance.
This policy means that franchisees should budget not only for the Convention Fee itself but also for all related travel and attendance expenses. Furthermore, franchisees risk losing the Convention Fee if they cannot attend the mandatory annual conference, as Big Air Trampoline Park retains the right to use the funds for its own purposes. This arrangement is not uncommon in franchising, where franchisors often require attendance at conferences to ensure franchisees stay updated on brand standards, new products, and best practices, while also creating networking opportunities.