What is the dependency between signing the lease and applying for operating permits for a Big Air Trampoline Park?

According to the 2025 FDD, a Big Air Trampoline Park franchisee must apply for all required operating permits and licenses within 120 days after signing the lease for the facility. This means that securing a lease is a prerequisite for applying for the necessary permits and licenses to operate the business.

This requirement ensures that franchisees have a confirmed location before investing time and resources into obtaining permits, which can be a lengthy and involved process. It also allows Big Air Trampoline Park to maintain some control over the locations its franchisees choose, as the lease terms are subject to the franchisor's approval.

For a prospective franchisee, this means that lease negotiation and signing should be prioritized early in the process. They should also factor in the 120-day window for permit applications when planning their opening timeline. Failure to apply for permits within this timeframe could potentially lead to delays in opening the Big Air Trampoline Park location.