factual

What exhibit contains the audited financial statements of Anytime Fitness, LLC for Basecamp Fitness?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

As reflected in Item 1, Anytime Fitness, LLC will be providing required support and services to franchisees under a management agreement with us. Attached at Exhibit D are the audited financial statements of Anytime Fitness, LLC for the fiscal years ended December 31, 2022, December 31, 2023 and December 31, 2024. These financial statements are being provided for disclosure purposes only. Anytime Fitness, LLC is not a party to the Franchise Agreement, Development Agreement or any other agreement we sign with franchisees nor does it guarantee our obligations under the Franchise Agreement or Development Agreement we sign with franchisees.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 61)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the audited financial statements of Anytime Fitness, LLC are included as Exhibit D. The document specifies that Anytime Fitness, LLC will provide required support and services to Basecamp Fitness franchisees under a management agreement. However, the FDD clarifies that Anytime Fitness, LLC is not a party to the Franchise Agreement, Development Agreement, or any other agreement that Basecamp Fitness signs with its franchisees, nor does it guarantee Basecamp Fitness's obligations under those agreements.

This means that while Anytime Fitness, LLC's financial statements are provided for informational purposes, prospective Basecamp Fitness franchisees should understand that Anytime Fitness, LLC is not directly liable for Basecamp Fitness's financial or contractual obligations. The financial stability of Anytime Fitness, LLC could indirectly impact the support and services it provides to Basecamp Fitness franchisees, but there is no direct guarantee or obligation.

Prospective franchisees should carefully review Exhibit D and consider the financial health of Anytime Fitness, LLC as part of their due diligence. It is also important to understand the specific terms of the management agreement between Basecamp Fitness and Anytime Fitness, LLC to fully assess the potential impact on the franchise operation. Consulting with a financial advisor and legal counsel is recommended to evaluate these documents and understand the associated risks and benefits.

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.