factual

Is the Convention Fee refundable once paid for the Big Air Trampoline Park?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

Franchisee must pay a Convention Fee, if any, and all its travel and living expenses to attend.

These meetings are held in Ladera RanchL, California or at a location chosen by Franchisor in Franchisor's discretion and, except as set forth in Section 7.5(c), Franchisee's attendance is strongly encouraged but not required for these periodic meetings.

  • (c) Franchisor may also hold an annual conference to discuss sales techniques, new Services and Products, training techniques, bookkeeping, accounting, performance standards, advertising programs, merchandising procedures and other topics.

Franchisee must pay the Convention Fee, if any, and all personal travel and living expenses and must attend these annual conferences which are held in Ladera Ranch, California or at a location chosen by Franchisor.

Source: Item 23 — RECEIPT (FDD pages 53–255)

What This Means (2025 FDD)

According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, franchisees must pay a Convention Fee, if any, and all their travel and living expenses to attend periodic meetings and annual conferences. The document does not specify whether the Convention Fee is refundable. Therefore, it is essential for potential franchisees to clarify the refund policy for the Convention Fee with Big Air Trampoline Park before committing to the franchise. Understanding the terms and conditions of the Convention Fee, including its refundability, is crucial for making an informed investment decision.

Franchisees are strongly encouraged to attend periodic meetings, while attendance at annual conferences is mandatory. These meetings and conferences are held in Ladera Ranch, California, or at a location chosen by Big Air Trampoline Park. The meetings cover various topics, including sales techniques, new product and service developments, bookkeeping, training, accounting, inventory control, safety and maintenance issues, performance standards, advertising programs, and merchandising procedures.

Given that the FDD does not explicitly state whether the Convention Fee is refundable, prospective franchisees should directly inquire with Big Air Trampoline Park about the specific circumstances under which a refund may be possible. This information will help franchisees understand the financial implications of attending these mandatory and optional events and plan their budgets accordingly. Knowing the refund policy can also help in making decisions about attending the conferences, especially if unforeseen circumstances prevent attendance.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.