Does the Lease Addendum for Big Air Trampoline Park define the term 'Franchised Business'?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
Upon the expiration or termination of this Agreement, the Multi-Unit Developer will no longer have an exclusive Development Territory and each Big Air Trampoline Facility will be limited to operating solely at the franchised location ("Franchised Location") described in the individual Franchise Agreement.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 FDD, the term 'Franchised Business' is not explicitly defined within the excerpts provided. However, the term 'Franchised Location' is defined.
The FDD states that upon the expiration or termination of the agreement, each Big Air Trampoline Park facility will be limited to operating solely at the franchised location, which is defined as the "Franchised Location" described in the individual Franchise Agreement. This implies that the 'Franchised Location' is the specific site approved for the Big Air Trampoline Park business.
A prospective franchisee should ask Big Air Trampoline Park for clarification on how the 'Franchised Business' is defined in the Lease Addendum, as the FDD excerpts do not provide a specific definition. Understanding this term is crucial for understanding the scope and limitations of the franchise agreement, especially concerning location and operational rights.