Is the initial franchise fee for a Big Air Trampoline Park refundable?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 7: ESTIMATED INITIAL INVESTMENT]
Notes:
- (1) Expenses. The high and low ranges in the table are based on an average Big Air Trampoline Business. All fees imposed by us are non-refundable unless otherwise noted. Fees and expenses paid to vendors or other third parties may or may not be refundable depending on the arrangements you make with them. We do not offer, either directly or indirectly, financing of the initial investment.
- (2) Multi-Unit Development Fee. The minimum Multi-Unit Development Fee payable to us is $22,500 for the right to develop 2 Big Air Trampoline Facilities. This fee will be higher if you are granted the right to develop a greater number of Big Air Trampoline Facilities. See ITEM 5 for additional information on the Multi-Unit Development Fee.
- (3) Initial Franchise Fee. You will sign the Franchise Agreement for the first Big Air Trampoline Facility to be developed and pay the Initial Franchise Fee of $50,000 at the same time you sign the Multi-Unit Development Agreement and pay the Multi-Unit Development Agreement. The Initial Franchise Fee payable to us is described in ITEM 5.
- (4) Training Fee. The Training Fee is $10,000 for each Big Air Trampoline Facility you open. The Training Fee is due when you sign the Franchise Agreement and is non-refundable once paid.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–22)
What This Means (2025 FDD)
According to the 2025 FDD, the initial franchise fee for a Big Air Trampoline Park is generally non-refundable. Specifically, all fees imposed by Big Air Trampoline Park are non-refundable unless explicitly stated otherwise. The initial franchise fee is mentioned in the context of both single-unit and multi-unit developments. For a multi-unit development, a franchisee will sign the Franchise Agreement for the first Big Air Trampoline Facility and pay the initial franchise fee of $50,000 when signing the Multi-Unit Development Agreement and paying the associated Multi-Unit Development Fee.
This non-refundable policy means that once a prospective franchisee pays the initial franchise fee to Big Air Trampoline Park, they cannot get that money back, even if they later decide not to proceed with the franchise. This is a fairly standard practice in the franchise industry, as the initial fee covers the franchisor's costs for evaluating the franchisee, providing initial training and support, and granting the franchise rights.
It is important for potential franchisees to carefully consider this non-refundable aspect and conduct thorough due diligence before paying any fees. They should fully understand the terms and conditions of the Franchise Agreement and assess their financial capabilities to ensure they can meet the obligations of the franchise. While fees paid to third-party vendors may be refundable depending on the arrangements made, the fees paid directly to Big Air Trampoline Park, including the initial franchise fee and training fee, are generally non-refundable.