What is the initial franchise fee for a new Basecamp Fitness franchisee who is also a qualified veteran?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
quired Opening Date: 8. Initial Franchise Fee: See Initial Franchise Fee Attachment. 9. 6 Month Membership Requirement: 10. Address for notice to you: IN WITNESS WHEREOF, we and you have signed this Agreement as of the Effective Date set forth above. FRANCHISEE: BASECAMP FITNES
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the initial franchise fee for a new franchisee is $42,500. However, Basecamp Fitness offers a reduced initial franchise fee of $38,250 for qualified veterans. This represents a discount of $4,250 off the standard initial franchise fee.
This reduced fee is a financial incentive for veterans to join the Basecamp Fitness franchise system. It lowers the initial investment required to start a franchise, which can be a significant barrier for many prospective franchisees. The FDD specifies that this discount applies only to 'qualified veterans,' implying that certain eligibility criteria must be met to qualify for the reduced fee.
For prospective Basecamp Fitness franchisees who are veterans, it is important to confirm the specific requirements for qualifying for the reduced franchise fee. This may involve providing documentation of military service and meeting other criteria set by Basecamp Fitness. Understanding these requirements is crucial for accurately assessing the initial investment needed to start a Basecamp Fitness franchise.