Where can I find the audited financial statements for Anytime Fitness, LLC related to Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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 the 2025 Basecamp Fitness FDD, the audited financial statements for Anytime Fitness, LLC are attached as Exhibit D. These statements cover the fiscal years ended December 31, 2022, December 31, 2023, and December 31, 2024.
Basecamp Fitness includes these financial statements for disclosure purposes, as Anytime Fitness, LLC provides support and services to franchisees through a management agreement. However, the FDD clearly states 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. Additionally, Anytime Fitness, LLC does not guarantee Basecamp Fitness's obligations under these agreements.
Prospective Basecamp Fitness franchisees should review these financial statements carefully to understand the financial health and stability of Anytime Fitness, LLC, given its role in providing support services. However, it is crucial to remember that Anytime Fitness, LLC is not directly liable for Basecamp Fitness's obligations to its franchisees. Therefore, franchisees should also focus on the financial statements and guarantees provided by SEB Franchising Guarantor LLC, also found in Exhibit D, as this entity guarantees Basecamp Fitness's performance under the Franchise Agreement.