factual

How many Big Air Trampoline Park franchises are scheduled to open in 2025?

Big_Air_Trampoline_Park Franchise · 2025 FDD

Answer from 2025 FDD Document

ne Facility ceases to be operated as a Big Air Trampoline Facility during the term of this Agreement, Multi-Unit Developer shall develop a replacement Big Air Trampoline Facility within a reasonable time, not to exceed twelve months, after the transferred Big Air Trampoline Facility ceases to be operated as a Big Air Trampoline Facility. In either case, the reasonable time period shall apply to the development of the replacement Big Air Trampoline Facility only and, in Franchisor's sole discretion, extend the term of the applicable Development Period to the end of the mutually agreed upon time period; provided that in no event shall such time period exceed one year.

(d) Opening Schedule.

(i) Multi-Unit Developer shall open each Big Air Trampoline Facility and shall commence business in accordance with the Development Schedule set forth on Attachment B, unless, subject to Franchisor's approval, Multi-Unit Developer obtains an extension of the Development Period from Franchisor to complete construction and commence operation of a particular Big Air Trampoline Facility. Each extension shall be for an additional 30-day period commencing upon the expiration of the applicable Development Period, including any previous extensions thereof ("Extension Date"). No more than two extensions of any Development Period will be permitted. If an extension of a Development Period is granted by Franchisor, the Opening Date for the Big Air Trampoline Facility (as defined in the Franchise Agreement) shall be extended to the Extension Date. No extension of any Development Period shall affect the duration of any

other Development Period or any of Multi-Unit Developer's other development obligations. If an extension is requested in the final Development Period, the term of this Agreement shall be extended to the Extension Date, and thereafter Multi-Unit Developer shall have no further rights under this Agreement except as provided in Section 2. The provisions of this Section 4.2(d)(i) do not apply to the development of a replacement Big Air Trampoline Facility under Section 3.2(c). Each extension may be conditioned upon payment of a $5,000 extension fee ("Extension Fee") as set forth in the Operations Manual.

  • (ii) Multi-Unit Developer shall notify Franchisor in writing at least 30 days prior to the Projected Opening Date (defined below) for a Big Air Trampoline Facility if Multi-Unit Developer will be unable to complete construction and commence operation of the Big Air Trampoline Facility by the expiration date of the Development Period in which such Big Air Trampoline Facility was to have been opened. In such notice Multi-Unit Developer shall request that the Franchisor consider its request for an extension and shall include a description of the reasons for its failure to develop the Big Air Trampoline Facility in a timely manner and the expected date of completion of construction and opening, if the extension were to be granted, along with payment of the Extension Fee if required.
  • (e) Failure by Multi-Unit Developer to adhere to t

Source: Item 23 — RECEIPT (FDD pages 53–255)

What This Means (2025 FDD)

Based on the 2025 Franchise Disclosure Document, the number of Big Air Trampoline Park franchises scheduled to open in 2025 is not explicitly stated within the provided excerpts. However, the document does refer to a "Development Schedule" in Attachment B, which outlines projected opening dates for Big Air Trampoline Park facilities. This schedule is a key component of the Multi-Unit Development Agreement, dictating the timeline for opening new locations. Multi-unit developers are required to adhere to this schedule, and failure to do so can result in a default under the agreement.

Multi-unit developers must notify Big Air Trampoline Park in writing at least 30 days before the projected opening date if they anticipate being unable to meet the construction and operation deadlines. In such cases, developers can request an extension, which may be granted at Big Air Trampoline Park's discretion. These extensions can last for an additional 30-day period, with a maximum of two extensions permitted. Each extension may also require the payment of a $5,000 extension fee, as detailed in the Operations Manual.

To determine the specific number of Big Air Trampoline Park franchises scheduled to open in 2025, a prospective franchisee should carefully review Attachment B of the Franchise Disclosure Document and discuss the development schedule with the franchisor. Understanding the planned opening dates and any potential extension options is crucial for planning and managing the development of new Big Air Trampoline Park locations.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.