What must a franchisee pay to Basecamp Fitness Franchisor LLC to acquire a franchise?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
Basecamp Fitness Franchisor LLC ("Basecamp Fitness Franchisor") franchises the right to open, operate, and manage fitness studios in the United States and internationally. Franchisees pay Basecamp Fitness Franchisor an initial franchise fee to acquire the franchise. During the term of the franchise agreement, franchisees pay royalties in amounts that vary according to the franchise agreement.
Basecamp Fitness Franchisor operates internationally as Sumhiit Fitness. Basecamp Fitness Franchisor has a master franchise agreement with an entity that allows the master franchisee to franchise and operate Sumhiit Fitness studios in an international jurisdiction. Basecamp Fitness Franchisor collects an initial master franchise fee and various recurring and nonrecurring fees from the master franchisee.
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to the 2025 Basecamp Fitness Franchise Disclosure Document, franchisees must pay Basecamp Fitness Franchisor LLC an initial franchise fee to acquire the franchise. The exact amount of this initial franchise fee is not specified in the provided excerpts.
During the term of the franchise agreement, franchisees are also required to pay royalties. The royalty amounts vary according to the specific terms outlined in the franchise agreement. These royalties represent an ongoing cost for operating a Basecamp Fitness franchise.
In addition to the initial franchise fee and ongoing royalties, Basecamp Fitness Franchisor LLC may collect initial master franchise fees and other recurring or nonrecurring fees from master franchisees who operate internationally under the Sumhiit Fitness brand. However, the specific amounts and conditions for these fees are not detailed in the provided excerpts. A prospective franchisee should review the full FDD and franchise agreement carefully and ask the franchisor for a complete breakdown of all fees and costs associated with acquiring and operating a Basecamp Fitness franchise.