What must the franchisee enter into with Basecamp Fitness for each studio?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
of Basecamp Fitness Studios open and operating, according to the applicable dates set forth in the Development Schedule, gives us the right, in our sole discretion, to immediately terminate this Agreement pursuant to Section 5.
- B. You may not open a Basecamp Studio under this Agreement unless you have notified us of your intention to develop the Basecamp Studio at least thirty (30) days prior to the date set forth in the Development Schedule and meet each of the following conditions (these conditions apply to each Basecamp Studio to be developed in the Development Territory):
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- Good Standing. You must not be in default of this Agreement, any Franchise Agreement entered into pursuant to this Agreement or any other agreement between you or any of your affiliates and us or any of our affiliates. You also must have satisfied on a timely basis all monetary and material obligations under the Franchise Agreements for all existing Basecamp Fitness studios.
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- Execution of Franchise Agreement. You and we have entered into our then-current form of Franchise Agreement and such other agreements that we require for the grant of Basecamp Fitness studio franchises for the proposed Basecamp Studio. You understand that we may modify the then-current form of Franchise Agreement from time to time and that it may be different than the current form of Franchise Agreement, including different fees and obligations; provided, however, that you will not be required to pay any initial franchise fee under any of those Franchise Agreements. You understand and agree that any and all Franchise Agreements will be construed and exist independently of this Agreement. The continued existence of each Franchise Agreement will be determined by the terms and conditions of such Franchise Agreement.
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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, for each Basecamp Fitness studio, the franchisee must enter into the then-current form of the Franchise Agreement, along with any other agreements that Basecamp Fitness requires for granting franchises. Basecamp Fitness may modify this form from time to time, which could include different fees and obligations. However, the franchisee will not be required to pay an initial franchise fee for any subsequent Basecamp Fitness studios developed under the Area Development Agreement.
The Franchise Agreement for the first Basecamp Fitness studio is signed concurrently with the Area Development Agreement. A separate Franchise Agreement, based on Basecamp Fitness's current form, must be signed for each additional Basecamp Fitness studio. The terms and conditions of each Franchise Agreement will govern the establishment and operation of the respective Basecamp Fitness studio.
This means that while an Area Development Agreement grants the franchisee the right to develop multiple Basecamp Fitness studios within a specific territory, each studio requires its own individual Franchise Agreement. Prospective franchisees should carefully review the then-current form of the Franchise Agreement for each new studio, as its terms may differ from the original agreement and could impact the profitability and operational requirements of each location. Franchisees should pay close attention to any changes in fees, obligations, and other requirements in these subsequent Franchise Agreements.