What is the definition of 'abandonment' that could lead to termination of a Big Air Trampoline Park franchise?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
- (c) Franchisee voluntarily abandons the Big Air Trampoline Business for a period of five consecutive days, or any shorter period that indicates an intent by Franchisee to discontinue
operation of the Big Air Trampoline Business, unless such abandonment is due to fire, flood, earthquake or other similar causes beyond Franchisee's control and not related to the availability of funds to Franchisee;
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, abandonment that could lead to termination occurs if the franchisee voluntarily abandons the Big Air Trampoline Business for five consecutive days. Termination can also occur for a shorter period if it indicates an intent to discontinue operations.
However, this abandonment clause has an exception. If the abandonment is due to events beyond the franchisee's control, such as a fire, flood, or earthquake, and is not related to a lack of funds, it will not be considered a breach that leads to termination.
This means a Big Air Trampoline Park franchisee needs to maintain consistent operation of the business to avoid being in default, unless there are legitimate, uncontrollable circumstances. It is important to note that lack of funds is specifically excluded as a valid reason for abandonment.