What is AFLLC's role in relation to Basecamp Fitness franchisees after the Securitization Transaction?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
At the time of the closing of the Securitization Transaction, AFLLC entered into a management agreement with us to provide the required support and services to our franchisees under their franchise and area development agreements with us. AFLLC also acts as our franchise sales agent. We will pay management fees to AFLLC for these services. However, as the franchisor, we will be responsible and accountable to you to make sure that all services we promise to perform under your Franchise or Area Development Agreement or other agreement you sign with us are performed in compliance with the applicable agreement, regardless of who performs these services on our behalf.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 7–12)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, AFLLC (Anytime Fitness, LLC) plays a significant role in supporting Basecamp Fitness franchisees following the Securitization Transaction that closed in November 2021. AFLLC entered into a management agreement with Basecamp Fitness to provide the necessary support and services to franchisees, ensuring they receive the assistance required under their franchise and area development agreements. This indicates that AFLLC is responsible for the day-to-day management and operational support that franchisees rely on to run their businesses effectively.
In addition to providing management services, AFLLC also acts as Basecamp Fitness's franchise sales agent. This means AFLLC is involved in recruiting and onboarding new franchisees into the Basecamp Fitness system. While AFLLC provides these services, Basecamp Fitness retains ultimate responsibility and accountability to the franchisees. This means that Basecamp Fitness is legally obligated to ensure all promised services are performed, regardless of whether AFLLC or another party carries them out on their behalf.
Basecamp Fitness pays management fees to AFLLC for the services they provide. This financial arrangement highlights the importance of AFLLC's role in the franchise system, as Basecamp Fitness is willing to invest in their expertise to support franchisees. For a prospective franchisee, this arrangement suggests that Basecamp Fitness is committed to providing comprehensive support through a dedicated management structure. However, it's crucial for potential franchisees to understand the specifics of the management agreement and the scope of services provided by AFLLC to fully assess the support they can expect to receive.