To whom are Real Estate Leasing payments made when opening 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 |
| Initial Franchise Fee for first Big Air Trampoline Facility (3) | $50,000 | $50,000 | Lump Sum | Upon signing the Franchise Agreement | Us |
| Training Fee (4) | $10,000 | $20,000 | Lump sum | Upon signing the Franchise Agreement | Us |
| Travel and Living Expenses While Training (5) | $0 | $7,500 | As incurred | As incurred during training | Airlines, hotels, restaurants, rental car agency |
| Real Estate Leasing (6) | $50,000 | $80,000 | Before opening | As specified in lease | Landlord, site acquisition specialist, vendors |
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, real estate leasing payments are made to the landlord, site acquisition specialist, or vendors. The estimated initial investment for real estate leasing ranges from $50,000 to $80,000. These payments typically cover the first and last month's rent, along with a security deposit, due at the time of signing the lease.
Big Air Trampoline Park facilities are commonly located in light industrial areas, retail areas, strip malls, freestanding buildings, and major retail malls. The typical size of a facility ranges from 25,000 to 40,000 square feet, although some franchisees may choose or be required to lease significantly more space. Big Air Trampoline Park retains the right to deny approval of a proposed location if it is deemed too large or too small.
In most cases, the franchisee will negotiate the terms and conditions of agreements related to the purchase, lease, and alteration of the property, potentially with assistance from Big Air Trampoline Park or its designee. The franchisor also requires that certain legal provisions be incorporated into the lease agreement. The estimated costs provided are the franchisor's best estimate for site acquisition, fees, and security deposits.
Prospective franchisees should carefully consider these costs and negotiation terms, as real estate leasing represents a significant initial investment. It is important to work closely with Big Air Trampoline Park and legal counsel to ensure favorable lease terms and compliance with all required provisions. Understanding the typical locations and size requirements can also help in the site selection process.