What is the initial franchise fee for a Basecamp Fitness franchise, and when is it due?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| YOUR ESTIMATED INITIAL INVESTMENT | |||||
|---|---|---|---|---|---|
| Single Basecamp Studio Franchise | |||||
| Type of Expenditure | Low Amount | High Amount | Method of | When Due | To Whom |
| (Note 1) | Payment | Payment is to be Made | |||
| Initial Franchise Fee (Note 2) | $42,500 | $42,500 | Lump sum | Upon signing the Franchise Agreement | Us |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–28)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the initial franchise fee for a single Basecamp Studio is $42,500. This fee is paid as a lump sum. The initial franchise fee is due upon signing the Franchise Agreement with Basecamp Fitness.
It is important to note that this fee is non-refundable unless otherwise specified in the FDD. If a prospective franchisee signs an Area Development Agreement to open more than one Basecamp Studio, they will pay a Development Fee at the time of signing the Area Development Agreement. This Development Fee will be credited towards the Initial Franchise Fee due under each Franchise Agreement for each studio developed under the Area Development Agreement.
Prospective franchisees should carefully consider the timing of this payment and ensure they have sufficient funds available when signing the Franchise Agreement. Understanding the conditions under which the fee may or may not be refundable is also crucial. For those considering an Area Development Agreement, it's important to understand how the Development Fee interacts with the Initial Franchise Fees for individual studios.