Which states' franchisees of Big Air Trampoline Park should NOT complete the Statement of Franchisee?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
If Big Air Trampoline Park offers you a franchise, it must provide this disclosure document to you 14 calendar days before you sign a binding agreement with, or make a payment to, us or an affiliate in connection with the proposed franchise sale. Under Illinois, Iowa, Maine, Nebraska, New York, Oklahoma, Rhode Island, or South Dakota law, if applicable, Big Air Trampoline Park must provide this disclosure document to you at your first personal meeting to discuss the franchise or 10 business days before the execution of the franchise agreement or other agreement or the payment of any consideration that relates to the franchise relationship.
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
Based on the 2025 FDD, Big Air Trampoline Park requires franchisees in Illinois, Iowa, Maine, Nebraska, New York, Oklahoma, Rhode Island, and South Dakota to receive the Franchise Disclosure Document (FDD) at specific times. These states mandate that the FDD be provided either at the first personal meeting to discuss the franchise or a certain number of business days before signing any agreements or making payments related to the franchise. This requirement is designed to ensure that prospective franchisees in these states have ample time to review the document and make informed decisions.
The FDD receipt acknowledgment confirms that the franchisee has received and reviewed the disclosure document, including all exhibits. This receipt serves as proof that Big Air Trampoline Park has met its legal obligations regarding disclosure. However, the FDD does not explicitly state that franchisees in states other than Illinois, Iowa, Maine, Nebraska, New York, Oklahoma, Rhode Island, and South Dakota do not need to complete the Statement of Franchisee.
Therefore, while the FDD highlights specific requirements for franchisees in the listed states, it does not negate the possibility that all franchisees, regardless of their location, may still be required to complete the Statement of Franchisee. To clarify this, prospective franchisees should directly ask Big Air Trampoline Park whether completing the Statement of Franchisee is a universal requirement or if it varies by state.