What is the method of payment for the Multi-Unit Development Fee for a Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure (1) | Low Amount | High Amount | Method | When Due | To Whom |
|---|---|---|---|---|---|
| of Payment | Payment is Made | ||||
| Multi-Unit Development Fee (2) | $22,500 | $22,500 | Lump sum | Upon signing the Multi-Unit Development Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–22)
What This Means (2025 FDD)
According to the 2025 FDD, the Multi-Unit Development Fee for Big Air Trampoline Park is payable in a lump sum. The minimum Multi-Unit Development Fee is $22,500 for the right to develop 2 Big Air Trampoline Park facilities. This fee is paid when signing the Multi-Unit Development Agreement.
This means that if a franchisee wants the option to open multiple Big Air Trampoline Park locations, they must pay the full $22,500 upfront. The fee increases if the franchisee is granted the right to develop more than two locations. This initial investment provides the franchisee with the right to expand within the agreed-upon territory but does not cover the costs associated with opening each individual location.
It is important to note that all fees imposed by Big Air Trampoline Park are non-refundable unless otherwise specified. Therefore, a prospective franchisee should carefully consider their development plans and financial capabilities before entering into a Multi-Unit Development Agreement. They should also review Item 5 of the FDD for additional information on the Multi-Unit Development Fee to fully understand the terms and conditions.