What is the franchisee acknowledging regarding the Basecamp Fitness agreement?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
- A.
You recognize and acknowledge the importance of maintaining our standards for service, and further recognize and acknowledge the importance of following the System with respect to the development and operation of Basecamp Fitness studios.
- B.
You have the entire control and direction of the Basecamp Fitness studios to be opened and operated by you, subject only to the conditions and covenants established by the Franchise Agreements for those studios.
You acknowledge that the businesses to be operated under those Franchise Agreements involve business risks, and that your success shall be largely determined by your own skill and efforts as an independent business person.
- C.
You acknowledge that the Basecamp Fitness concept is a relatively new concept that continues to evolve.
As such, the methods of operation for a Basecamp Fitness studio continue to be created and refined.
You acknowledge that such businesses as well as the System will evolve over time, and that such evolution will likely result in numerous changes to the System, some of which may require additional investment by you.
You have been advised to consult with your own advisors with respect to the legal, financial and other aspects of this Agreement and the Franchise Agreement and you have had the opportunity to consult with such advisors and also have had the opportunity to independently investigate the opportunities offered under all such agreements.
- D.
You have entered into this Agreement after making an independent investigation of our operations and history and not upon any representation as to profits which you might be expected to realize and that no one has made any representation to induce you to accept the franchise granted hereunder and to execute this Agreement, except as may be set forth in the Franchise Disclosure Document you acknowledge receiving at least fourteen (14) days prior to the date you paid us or any affiliate any money or executed any agreement with us or any affiliate.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees acknowledge several key aspects of their agreement with the company. They recognize the importance of maintaining Basecamp Fitness's standards for service and adhering to the established system for developing and operating their studios. Franchisees also acknowledge that they have control over their studios, subject to the conditions outlined in the Franchise Agreements, and that the success of their business is largely dependent on their own skills and efforts.
Furthermore, the FDD states that franchisees understand that the Basecamp Fitness concept is relatively new and continuously evolving. As such, the methods of operation for a Basecamp Fitness studio are subject to ongoing creation and refinement. Franchisees acknowledge that the business and the system will likely undergo numerous changes over time, potentially requiring additional investment on their part.
Finally, prospective Basecamp Fitness franchisees confirm that they have been advised to seek independent legal and financial counsel regarding the agreement and the franchise opportunity. They also acknowledge that they have conducted their own investigation of Basecamp Fitness's operations and history, and that they are not relying on any representations of potential profits, except as outlined in the Franchise Disclosure Document, which they received at least 14 days prior to signing any agreements or paying any fees.