When is the Royalty fee due for a Big Air Trampoline Park franchise?

According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the Royalty fee, which is 6% of Gross Revenue per month, is payable monthly on or before the 10th of each month. Gross Revenue includes the total selling price of all food, beverages, services, and merchandise sold at or from your Big Air Trampoline Facility, as well as all income of every other kind and nature related to the facility's operation.

Big Air Trampoline Park retains the right to require franchisees to pay royalties on a more frequent basis, including weekly. Additionally, Big Air Trampoline Park may require franchisees to pay fees and other amounts due via electronic funds transfer, necessitating authorization for direct debits from the franchisee's business bank operating account. If a franchisee fails to report their Gross Revenues in a timely manner, Big Air Trampoline Park is authorized to debit the account based on either the fees transferred from the last reporting period or the amount due based on information retrieved from any approved Computer System.

It is important for prospective Big Air Trampoline Park franchisees to understand these payment terms and ensure they have the financial systems in place to accurately track and report Gross Revenues. Franchisees should also be prepared for the possibility of more frequent royalty payments and the requirement to use electronic funds transfer. Understanding these financial obligations is crucial for managing cash flow and maintaining a positive relationship with Big Air Trampoline Park.