Does the Basecamp Fitness Franchise Disclosure Document receipt confirm that the franchisee signed a receipt indicating the date of receipt?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Please indicate the date on which you received this Disclosure Document, and then sign and print your name below, indicate the date you sign this receipt, and promptly return one completed copy of the Receipt to Basecamp Fitness Franchisor LLC, at 111 Weir Drive, Woodbury, Minnesota 55125. The second copy of the Receipt is for your records.
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees are required to sign and date a receipt confirming they received the FDD. The receipt serves as an acknowledgment that the prospective franchisee has received the document and is aware of its contents.
The FDD receipt requests that the franchisee indicate the date they received the Disclosure Document, sign and print their name, and indicate the date they sign the receipt. The franchisee must then promptly return one completed copy of the receipt to Basecamp Fitness Franchisor LLC at the provided address, while keeping the second copy for their own records.
This process is a standard practice in franchising, ensuring that franchisors can verify they have met their legal obligations to provide potential franchisees with the necessary information within the mandated timeframes. By signing the receipt, the franchisee acknowledges they have received the FDD, which includes important details about the Basecamp Fitness franchise opportunity, such as fees, obligations, and financial performance representations. This helps protect both the franchisor and franchisee by documenting that the franchisee had access to the required information before making any commitments.