Where can the Projected Opening Dates for each Big Air Trampoline Park facility be found?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
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 the Development Schedule (including any extensions approved by Franchisor) or to adhere to any time period for the development of replacement Big Air Trampoline Facilities as set forth in Section 3.2(c) shall constitute a material event of default under this Agreement.
- 4.3 Multi-Unit Developer acknowledges that the projected opening dates ("Projected Opening Dates") for each Big Air Trampoline Facility set forth on Attachment B are reasonable and consistent with the requirements of the Development Schedule. Multi-Unit Developer shall execute a Franchise Agreement for each Big Air Trampoline Facility at or prior to the applicable execution deadline ("Execution Deadline") set forth on Attachment B. Multi-Unit Developer and Franchisor agree that, except with respect to the Franchise Agreements executed concurrently herewith, the Execution Deadline shall be a date no later than nine months prior to the Projected Opening Date for each subsequent Big Air Trampoline Facility to be developed.
**5.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to the 2025 Big Air Trampoline Park Franchise Disclosure Document, the projected opening dates for each Big Air Trampoline Park facility can be found on Attachment A for single-unit franchisees and Attachment B for multi-unit developers. Attachment B also includes the development period and execution deadline for multi-unit developers. The franchisee must open the Big Air Trampoline Park for business on or before the projected opening date, typically within 12 months of the agreement's effective date, but no more than 18 months from this date, unless a written extension is granted by Big Air Trampoline Park.
For multi-unit developers, the Projected Opening Dates are considered reasonable and consistent with the requirements of the Development Schedule. The franchisee is required to execute a Franchise Agreement for each Big Air Trampoline Park facility at or before the Execution Deadline, which is set no later than nine months prior to the Projected Opening Date for each subsequent facility to be developed.
It's important to note that extensions to the Projected Opening Date may be granted at Big Air Trampoline Park's discretion, but may be subject to a $5,000 extension fee. 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 deadline, including reasons for the delay and the expected completion date. Failure to adhere to the Development Schedule, including any approved extensions, constitutes a material breach of the agreement.