To whom is the Multi-Unit Development Fee paid for a Big Air Trampoline Park multi-unit development?
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 Big Air Trampoline Park's 2025 Franchise Disclosure Document, the Multi-Unit Development Fee is paid directly to the franchisor, Big Air Trampoline Park. This fee is required when a franchisee is granted the rights to develop multiple Big Air Trampoline Park locations.
The FDD specifies that the Multi-Unit Development Fee is due upon signing the Multi-Unit Development Agreement. For the right to develop two Big Air Trampoline Park facilities, the fee is $22,500. The fee is paid in a lump sum at the time of signing the agreement.
This fee compensates Big Air Trampoline Park for granting the franchisee the exclusive right to develop multiple locations within a defined territory and timeframe. It is important to note that this fee is generally non-refundable, so prospective franchisees should carefully consider their development plans before entering into a multi-unit agreement. Franchisees should also be aware that the Multi-Unit Development Fee will be higher if they are granted the right to develop more than two Big Air Trampoline Park facilities.