What was the total member's equity for Big Air Trampoline Park as of December 31, 2022?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
| Members' equity at | ||
|---|---|---|
| December 31, 2022 | 1,200,000 | $ 268,036 |
Source: Item 23 — RECEIPT (FDD pages 53–255)
What This Means (2025 FDD)
According to Big Air Trampoline Park's 2025 Franchise Disclosure Document, the member's equity as of December 31, 2022, was $268,036. This figure represents the net worth of the company attributable to its members at that specific point in time.
For a prospective franchisee, understanding the franchisor's equity is crucial as it provides insight into the financial stability and overall health of Big Air Trampoline Park. A higher member's equity generally indicates a stronger financial position, suggesting the franchisor has sufficient assets to cover its liabilities and support its franchise system.
However, it's important to consider this figure in conjunction with other financial metrics and information provided in the FDD, such as revenue, expenses, and liabilities, to gain a comprehensive understanding of Big Air Trampoline Park's financial performance and stability. Additionally, prospective franchisees should compare this equity figure with those of other franchise systems in the same industry to benchmark Big Air Trampoline Park's financial health.