What is the Big Air Trampoline Park franchisee's obligation regarding the delivery of the proposed lease?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
Franchisee must deliver to Franchisor, within 60 days of Franchisor approving the site, a copy of the proposed Lease, in a form acceptable to Franchisor, and such Lease must incorporate the terms of the Lease Addendum attached to this Agreement as Attachment F.
Notwithstanding anything herein to the contrary, Franchisor may, in its sole discretion, extend the time periods set forth in this Section 8.3(b).
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, a franchisee must provide a copy of the proposed lease to the franchisor within 60 days of the franchisor approving the site. The lease must be in a form acceptable to Big Air Trampoline Park and must incorporate the terms of the Lease Addendum, which is included as Attachment F to the Franchise Agreement.
This requirement ensures that Big Air Trampoline Park maintains control over the locations and lease terms of its franchises. By reviewing and approving the lease, the franchisor can ensure that the terms are favorable and protect the brand's interests. This also allows Big Air Trampoline Park to confirm that the lease incorporates all necessary provisions outlined in the Lease Addendum.
However, Big Air Trampoline Park retains the discretion to extend the 60-day period for submitting the lease. This flexibility could be beneficial if the franchisee encounters delays in finalizing the lease agreement. It is important for prospective franchisees to understand these obligations and timelines to ensure they comply with the franchise agreement and avoid potential issues during the site selection and lease negotiation process.