What expenses does the Development Transfer Fee for Big Air Trampoline Park facilities cover?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
terms of the Franchise Agreements and Multi-Unit Development Agreement, including, without limitation, the implementation of other fees and different royalty rates;
- (vii) The Multi-Unit Developer and its principals must remain liable for all direct and indirect obligations to Franchisor in connection with the Big Air Trampoline Facilities before the effective date of transfer and will continue to remain responsible for their obligations of nondisclosure, noncompetition and indemnification as provided in the Franchise Agreements and Personal Guaranty, attached into this Agreement as Attachment C, and shall sign any and all instruments reasonably requested by Franchisor to further evidence this liability; and
- (viii) Multi-Unit Developer or its approved transferee shall pay to Franchisor, at the time of said transfer, a transfer fee ("**Deve
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 Development Transfer Fee is designed to cover the franchisor's costs associated with the transfer of Big Air Trampoline Park facilities by a Multi-Unit Developer. This fee is intended to offset the administrative and other expenses that Big Air Trampoline Park incurs during the transfer process.
The specific amount of the Development Transfer Fee varies depending on the status of the Big Air Trampoline Park facility at the time of the transfer. For each unopened facility to be transferred, the fee is $2,500. However, for each facility that is open and operating when the Multi-Unit Developer notifies Big Air Trampoline Park of their intent to transfer, the fee is $10,000, or another amount as required by the individual Franchise Agreement.
This fee is payable at the time of the transfer. It's important for prospective Multi-Unit Developers to understand these transfer fees, as they can represent a significant cost when transferring multiple facilities. Franchisees should carefully review their Franchise Agreements to understand the specific transfer fee requirements for each Big Air Trampoline Park location.