When are Utility Deposits due for a Big Air Trampoline Park?
Big_Air_Trampoline_Park Franchise · 2025 FDDAnswer from 2025 FDD Document
t to develop 2 Big Air Trampoline Facilities)**
| 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-U |
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, utility deposits, estimated to be between $60,000 and $80,000, are due before opening, as specified by the utility companies. This means a prospective franchisee must budget for these deposits as part of their initial investment and plan to pay them according to the schedules set by the local utility providers.
These deposits are a necessary part of setting up the Big Air Trampoline Park and ensuring that essential services like electricity, water, and gas are connected before the business can open. The specific timing of these payments will depend on the policies of each utility company in the area where the franchise is located, so franchisees should contact these companies early in the process to understand their requirements and payment schedules.
It is important to note that the amount of the utility deposits can vary, and franchisees should confirm the exact amounts with the utility companies to ensure they have sufficient funds available. Since these deposits are paid directly to the utility companies, any potential refund or credit of the deposit will be subject to the utility companies' policies, not Big Air Trampoline Park's.