Is a Basecamp Fitness customer allowed to assign or sublease the equipment or agreement?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, a customer is explicitly prohibited from selling, transferring, assigning, or subleasing the equipment or the agreement related to it. However, the owner (presumably the equipment provider) retains the right to sell, assign, or transfer the agreement to another party. This transfer would grant the new owner the same rights and benefits as the original owner, without requiring them to fulfill any prior obligations of the original owner. This clause is found within Item 23, Receipts, of the FDD.

This restriction on the customer's ability to assign or sublease the equipment or agreement is a protective measure for the owner, ensuring they maintain control over the assets and the contractual relationship. It prevents the customer from unilaterally altering the terms or transferring responsibilities to a third party without the owner's consent. This is a fairly standard practice in equipment leasing agreements, as it safeguards the owner's investment and revenue stream.

For a prospective Basecamp Fitness franchisee, this clause highlights the importance of understanding the terms of equipment leases and the limitations placed on their ability to manage or transfer these agreements. While the franchisee cannot transfer the agreement, the equipment owner can, which could result in the franchisee dealing with a different entity during the lease term. It is important to note that this clause pertains to the customer's agreement with the equipment owner, not the franchisee's agreement with Basecamp Fitness itself.