factual

What assets did Basecamp Fitness, LLC purchase from the Dethrone Entities?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

The Basecamp Fitness concept and brand was founded in March 2013, with the opening of the first Basecamp Fitness studio in Burlingame, California. On October 23, 2018 our predecessor, Basecamp Fitness, LLC, purchased the assets of the Basecamp Fitness brand, including the assets of 5 locations from Dethrone Basecamp, LLC, Dethrone LLC, Dethrone Corporate, LLC, Dethrone Pasadena, LLC, Dethrone San Francisco, LLC, Dethrone Santa Monica, LLC, Dethrone West Hollywood, LLC, and Dethrone Burlingame, LLC (collectively, the "Dethrone Entities").

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, on October 23, 2018, Basecamp Fitness, LLC (referred to as "our predecessor") purchased the assets of the Basecamp Fitness brand from the Dethrone Entities. This purchase included the assets of 5 Basecamp Fitness locations. The Dethrone Entities include Dethrone Basecamp, LLC, Dethrone LLC, Dethrone Corporate, LLC, Dethrone Pasadena, LLC, Dethrone San Francisco, LLC, Dethrone Santa Monica, LLC, Dethrone West Hollywood, LLC, and Dethrone Burlingame, LLC.

This acquisition was a key step in the development of the Basecamp Fitness franchise system. By purchasing the assets of the Basecamp Fitness brand and existing locations, Basecamp Fitness, LLC gained control over the brand and its operations. This allowed them to expand the Basecamp Fitness concept by opening additional studios in Minneapolis and Edina, Minnesota, and eventually offering unit and area development franchises.

For a prospective franchisee, this information highlights the history and evolution of the Basecamp Fitness brand. It demonstrates that the franchise system has evolved through acquisition and expansion. Understanding the brand's history can provide valuable context for evaluating the franchise opportunity and assessing the franchisor's experience and expertise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.