From whom can a Big Air Trampoline Park franchisee purchase or lease the required real property?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
- (b) Franchisee may purchase or lease the required real property and improvements from any source upon terms approved by Franchisor in writing.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, a franchisee may purchase or lease the required real property and improvements from any source, provided the terms are approved in writing by Big Air Trampoline Park. This means the franchisee has the flexibility to explore various options for securing a location, but Big Air Trampoline Park retains the right to ensure the chosen property aligns with their standards.
Big Air Trampoline Park also offers site selection assistance, where they or their designee will help analyze potential locations and negotiate lease terms. This assistance includes examining factors like population density, demographics, income characteristics, and proximity to other Big Air Trampoline Park locations. However, the FDD clarifies that this assistance does not constitute a warranty or representation regarding the success or viability of the property or lease.
Big Air Trampoline Park requires franchisees to obtain their approval regarding the location of the Big Air Trampoline Park facility within 180 days of the Franchise Agreement's execution. Failure to secure this approval within the specified timeframe grants Big Air Trampoline Park the option to terminate the agreement. Additionally, franchisees must submit any traffic, competition, demographic, or similar location information for review at least 20 days before signing any proposed lease. This ensures Big Air Trampoline Park has ample opportunity to assess the suitability of the site.
Multi-unit developers must submit detailed information about proposed locations, including lease terms, land acquisition terms, demographic criteria, and preliminary site plans. Preliminary authorization from Big Air Trampoline Park allows the developer to proceed with architectural drawings and final site plans, but final authorization is required before securing the site via purchase or lease. This offer must be contingent upon final approval by Big Air Trampoline Park of both the site and the proposed franchisee entity.