When is the fee for deficient continuing engagement credits due to Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
ting, client engagement, member service, and other topics that we designate from time to time. This training will be conducted in a virtual format or at a location we designate, at our discretion. We will charge our then-current fee for this training course, plus our costs to conduct the training. Fees are payable before the training occurs.
- J. Continuing Engagement Credits. Each calendar year that your Basecamp Studio is open, you must obtain at least one thousand two hundred (1,200) continuing engagement credits within the Basecamp Fitness system. These are credits we will establish from time to time for attending various training programs, and fo
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees must obtain at least 1,200 continuing engagement credits each calendar year their studio is open. These credits are earned by attending training programs or participating in the Basecamp Fitness system. If a franchisee fails to meet the 1,200 credit requirement, they must pay a fee.
The fee is calculated as $1.00 for each deficient credit, multiplied by the number of Basecamp Fitness studios the franchisee or their affiliates own. This fee is then deposited into the General Advertising and Marketing Fund.
Importantly, the fee for deficient continuing engagement credits is due immediately after Basecamp Fitness provides notice to the franchisee. This means a franchisee should be prepared to promptly pay the assessed fee upon receiving notification of the deficiency.