When considering iFinance for Basecamp Fitness, is the applicant purchasing a new franchise or an existing business?

Based on the 2025 Franchise Disclosure Document, the excerpts provided do not contain specific details regarding iFinance or whether an applicant is purchasing a new Basecamp Fitness franchise or an existing business. The document does mention the franchisee questionnaire and franchise agreement, but it does not specify the circumstances under which iFinance is offered or used.

Without explicit information about iFinance, it's unclear whether it is a program designed for new franchisees, those acquiring existing locations, or both. The FDD does mention initial franchise fees are payable by the franchisee upon signing a new franchise agreement, and transfer fees are paid to the Company when one franchisee transfers a franchise agreement to a different franchisee. This suggests that both new and existing franchise acquisitions are possible within the Basecamp Fitness system.

To clarify the specifics of iFinance, a prospective Basecamp Fitness franchisee should directly ask the franchisor about the program's eligibility requirements and how it applies to both new franchise purchases and the acquisition of existing businesses. Understanding the conditions and terms of iFinance is crucial for making an informed investment decision.

Specifically, the prospective franchisee should inquire whether iFinance is available for purchasing existing Basecamp Fitness locations from current franchisees, or if it is exclusively for establishing new locations. They should also ask about any differences in the terms, conditions, or application process based on whether the franchise is new or existing.