Can the $40,000 spent on the Basecamp Fitness Grand Opening Program be refunded to the franchisee?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
n attending the training. For more information on these trainings see Item 11.
Grand Opening Program
You must spend $40,000 on your approved Grand Opening Program as described in Items 6 and 11. If you fail to spend this amount, we may require you to pay us the difference between what you should have spent on your Grand Opening Program and what you actually spent. We may require you to implement a Grand Opening marketing plan that we develop in consultation with you and one of our preferred marketing vendors. We can then spend this amount in your market or place it in the General Advertising and Marketing Fund. This amount is not
Source: Item 5 — INITIAL FEES (FDD pages 15–17)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the $40,000 that a franchisee must spend on the Grand Opening Program is not refundable. The FDD specifies that this amount must be spent on an approved Grand Opening Program as detailed in Items 6 and 11.
If a Basecamp Fitness franchisee fails to spend the required $40,000 on the Grand Opening Program, Basecamp Fitness has the right to demand the franchisee pay the difference between the required amount and what was actually spent. Basecamp Fitness can then use the funds to implement a grand opening marketing plan, either developed in consultation with the franchisee and a preferred marketing vendor, or by placing the funds in the General Advertising and Marketing Fund.
Alternatively, Basecamp Fitness may require the franchisee to pay the $40,000 directly to them, and Basecamp Fitness will then execute the Grand Opening Program on behalf of the franchisee. Regardless of who manages the Grand Opening Program, the initial $40,000 investment is non-refundable, so prospective franchisees should carefully consider this mandatory expense.