factual

When is the Compliance Drawing Fee due to Basecamp Fitness?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

require you to pay the $40,000 to us and we will execute the Grand Opening Program.

ITEM 6 OTHER FEES

Type of Fee Amount (Note 1) Due Date Remarks
Insufficient Funds Fee $100 per check that you submit to us that is returned for ins

Source: Item 6 — OTHER FEES (FDD pages 17–24)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the Compliance Drawing Fee is due as incurred. The fee is $250 per additional drawing. This fee is applicable if a franchisee requires additional compliance drawings beyond what is initially provided.

For a prospective Basecamp Fitness franchisee, this means that if the standard compliance drawings are insufficient for their needs, they will incur an additional cost of $250 for each extra drawing requested. This is an important consideration during the initial setup phase, as franchisees need to assess their specific requirements for compliance drawings to avoid unexpected expenses.

It is common in franchising for franchisors to charge fees for additional services or resources beyond the standard package. The 'as incurred' payment term means that the franchisee will need to budget for these potential costs as they arise, rather than as a fixed upfront fee. Franchisees should clarify with Basecamp Fitness what the standard compliance drawings include and under what circumstances additional drawings might be necessary to better anticipate this expense.

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.