What is the late payment fee charged per month for Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| PPV Programs | Reimbursement Programs | |
|---|---|---|
| Setup Fee One-time setup fee for each new plan added. | $20.00 one-time fee for each PPV plan added. | $20.00 one-time fee for each reimbursement plan added. |
| Plan Fee This is a monthly program participation fee. *Plan must have at least one member enrolled | $5.00 flat fee per plan, per | $5.00 flat fee per plan, per |
| month. | month. | |
| New Member Fee This is a one-time charge to each new member add into Healthy Contributions | $1.50 one-time fee per new | $1.50 one-time fee per new |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to the 2025 FDD, Basecamp Fitness franchisees may be assessed a $29.00 late fee per month for late payments. This fee applies to payments made to Healthy Contributions, which appears to be a third-party vendor that Basecamp Fitness uses for processing payments related to certain health and fitness programs.
It's important to note that this late fee is in addition to any other fees or charges that may be assessed for late payments. The FDD states that all fees are subject to change at the discretion of Healthy Contributions, so franchisees should confirm the current late fee policy with both Basecamp Fitness and Healthy Contributions before signing a franchise agreement.
Franchisees should ensure they understand the payment terms and conditions associated with Healthy Contributions and other third-party vendors to avoid incurring late fees and other penalties. Maintaining timely payments is crucial for maintaining a positive relationship with vendors and ensuring the smooth operation of the Basecamp Fitness franchise.