As of what date is all the outlet information in Item 20 for Basecamp Fitness?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the information provided in Item 20, specifically in the tables, is current as of December 31 of the applicable year. This means that the data regarding the number of outlets, their locations, and changes in the system reflect the status up to the end of each listed year (2022, 2023 and 2024).

For a prospective franchisee, this date is important because it provides a snapshot of the franchise system's recent performance and composition. Reviewing the tables, a potential franchisee can see the growth trends, outlet turnover, and geographic distribution of Basecamp Fitness locations as of December 31, 2024.

It is important to note that while the tables are updated to December 31 of each year, the list of current franchisees with their contact information is as of December 31, 2024, and is available in Exhibit C. Also included in Exhibit C is a list of franchisees who have exited the system or have not communicated with Basecamp Fitness, providing a comprehensive view of the franchise network's dynamics up to that date.