factual

Is Basecamp Fitness Franchisor LLC a direct subsidiary of SEB Systems LLC?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

SEB Systems LLC ("SEB Systems") comprises the operations of its direct, wholly owned subsidiaries (collectively, the "franchising entities"): Anytime Fitness Franchisor LLC, OTF Franchisor LLC, Waxing the City Franchisor LLC, Basecamp Fitness Franchisor LLC, and The Bar Method Franchisor LLC. The franchising entities are the franchisors of fitness centers, fitness studios, and waxing studios in the United States and in certain cases, internationally.

Source: Item 23 — RECEIPTS (FDD pages 62–248)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, Basecamp Fitness Franchisor LLC is a direct, wholly-owned subsidiary of SEB Systems LLC. SEB Systems LLC comprises the operations of its direct, wholly-owned subsidiaries, which include Anytime Fitness Franchisor LLC, OTF Franchisor LLC, Waxing the City Franchisor LLC, Basecamp Fitness Franchisor LLC, and The Bar Method Franchisor LLC. These subsidiaries function as franchisors for fitness centers, fitness studios, and waxing studios, both in the United States and, in some instances, internationally.

This structure means that SEB Systems LLC has direct control and ownership of Basecamp Fitness Franchisor LLC. As a prospective franchisee, this indicates that decisions and obligations of Basecamp Fitness are influenced and guaranteed by SEB Systems LLC.

This arrangement is common in franchising, where a parent company owns multiple franchise brands. It provides a level of financial and operational support to the individual franchise systems. Franchisees benefit from the resources and expertise of the larger organization. However, it also means that the strategic direction of Basecamp Fitness can be influenced by the overall goals and performance of SEB Systems LLC and its other brands.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.