What information must a Basecamp Fitness franchisee provide to Basecamp Fitness regarding a proposed transfer?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, a franchisee seeking to transfer their franchise must provide Basecamp Fitness with all required information concerning the proposed transaction and the proposed transferee. This includes a copy of the purchase agreement and all related documents.

Basecamp Fitness needs this information to assess the proposed transfer. Specifically, Basecamp Fitness wants to ensure the proposed transferee meets all the requirements for new franchisees. These requirements include good reputation and character, business experience, and financial strength, credit rating, and liquidity. Basecamp Fitness also wants to ensure that the sale price is not excessive.

This requirement is standard in franchising, as franchisors need to maintain brand standards and ensure that new operators are qualified and financially stable. A prospective Basecamp Fitness franchisee should be prepared to gather and submit all requested documentation to facilitate a smooth transfer process, should they decide to sell their franchise in the future.