What was the amount of receivables due to Basecamp Fitness from related parties at the end of 2024?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, at the end of 2024, the company had receivables from related parties totaling $461,000. These receivables are from entities related by common ownership and are due on demand.

This indicates the amount of money owed to Basecamp Fitness by its related entities. These related entities are under common ownership, suggesting a close relationship and potentially easier collection. The fact that these receivables are due on demand implies that Basecamp Fitness can request immediate payment from these related parties.

For a prospective franchisee, this information provides insight into the financial interactions between Basecamp Fitness and its related entities. It's important to understand the nature of these related-party transactions and their potential impact on the company's financial stability. While the receivables are due on demand, a franchisee may want to inquire about the historical payment patterns of these related parties to assess the reliability of these receivables.