What equity did members of Big Air Trampoline Park have on December 31, 2023?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| of units | ||
|---|---|---|
| Beginning balance, December 31, 2022 | 1,200,000 | $ 268,036 |
**Big Air Franchising, LLC Statement of Changes in Members' Equity For the Years Ended December 31, 2
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the members' equity as of December 31, 2023, is listed twice with slightly different values. One listing shows members' equity at $1,200,000 and $334,038. Another listing shows members' equity at $1,200,000 and $340,037.
It is important to note that there are two different values listed for the members' equity at the end of 2023. This discrepancy could be due to a number of factors, such as accounting adjustments or errors.
A prospective franchisee should seek clarification from Big Air Trampoline Park regarding the discrepancy in the reported members' equity for December 31, 2023, to ensure a clear understanding of the company's financial position.