Does the California Department of Financial Protection and Innovation's registration of the Basecamp Fitness franchise offering constitute approval, recommendation, or endorsement?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
EXHIBIT G
STATE SPECIFIC ADDENDA TO FRANCHISE DISCLOSURE DOCUMENT
STATE SPECIFIC ADDENDUM AS REQUIRED BY
THE CALIFORNIA FRANCHISE INVESTMENT LAW
The registration of this franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner.
Notwithstanding anything to the contrary in the Basecamp Fitness Franchisor LLC Franchise Disclosure Document, the following provisions shall supersede and apply to all Basecamp Fitness franchises offered and sold in the state of California:
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the registration of the franchise offering by the California Department of Financial Protection and Innovation does not constitute approval, recommendation, or endorsement by the commissioner. This disclaimer is included in the State Specific Addenda required by the California Franchise Investment Law. This addendum applies specifically to Basecamp Fitness franchises offered and sold in California.
This means that while Basecamp Fitness is registered to offer franchises in California, the state's regulatory body is not vouching for the quality or viability of the franchise. Registration simply means that Basecamp Fitness has met the minimum requirements for offering a franchise in the state, such as providing the required disclosures. Prospective franchisees should not interpret the registration as a sign that the state believes the franchise is a good investment.
It is crucial for potential Basecamp Fitness franchisees in California to conduct their own thorough due diligence. This includes carefully reviewing the Franchise Disclosure Document, seeking advice from legal and financial professionals, and speaking with existing franchisees to understand their experiences. Relying solely on the fact that the franchise is registered in California could lead to making a poorly informed investment decision.