When is the Franchise Agreement Transfer Fee due for a Big Air Trampoline Park franchise?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| Franchise Agreement Transfer Fee† | $10,000 | Before acceptance of transfer | Payable before you transfer your Franchise to a third party. No fee is charged to an individual or partnership franchisee that transfers its rights to a corporation controlled by the same interest holders. |
Source: Item 6 — OTHER FEES (FDD pages 10–15)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the Franchise Agreement Transfer Fee is due before the acceptance of the transfer. The fee is $10,000. This means that if a franchisee decides to sell their Big Air Trampoline Park franchise to a third party, they must pay this fee before the franchisor approves the transfer.
However, there is an exception to this fee. If the transfer is from an individual or partnership franchisee to a corporation controlled by the same interest holders, then no transfer fee is charged. This provides some flexibility for franchisees who may want to restructure their business without incurring additional costs.
Franchise transfer fees are common in the franchise industry and are intended to cover the franchisor's costs associated with reviewing and approving the transfer, including legal and administrative expenses. Prospective Big Air Trampoline Park franchisees should factor this potential cost into their long-term financial planning, especially if they anticipate selling their franchise in the future.