What is the name of the standard franchise agreement that Big Air Trampoline Park uses?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
You must operate your Big Air Trampoline Business per our standard business operating practices and sign our standard franchise agreement ("Franchise Agreement"). Your Big Air Trampoline Business must offer authorized services and products, specifically including indoor trampoline recreation and party center featuring trampolines, foam pits, rock climbing walls and other elements and the sale of related products. We reserve the right to add, modify, or delete any services or products that you must offer or sell at your Big Air Trampoline Business at any time at our sole discretion. You must also obtain all necessary permits, licenses and approvals to operate your Big Air Trampoline Business.
Source: Item 1 — THE FRANCHISOR, AND ANY PARENT, PREDECESSORS, AND AFFILIATES (FDD pages 6–8)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park FDD, the standard agreement is referred to as the "Franchise Agreement". Big Air Trampoline Park requires franchisees to sign this agreement to operate a Big Air Trampoline Business. The agreement mandates adherence to the franchisor's standard business operating practices and the offering of authorized services and products, including indoor trampoline recreation, party centers, and related retail items.
For prospective franchisees, this means they must be prepared to follow Big Air Trampoline Park's established system and offer the services and products the franchisor approves. Big Air Trampoline Park retains the right to modify these service and product offerings at any time, which could impact a franchisee's business model and revenue streams. Franchisees are also responsible for obtaining all necessary permits, licenses, and approvals to legally operate their Big Air Trampoline Business.
Furthermore, if a franchisee is granted the right to enter into a Multi-Unit Development Agreement to open and operate more than one Big Air Trampoline Facility, they must sign a separate Franchise Agreement for each location. The FDD states that for subsequent locations developed under a Multi-Unit Development Agreement, the franchisee will be required to sign the then-current form of the Franchise Agreement, which may differ materially from the form included in the FDD. This implies that the terms and conditions could change over time, potentially affecting the franchisee's obligations and rights as they expand their operations.