What was the loss on sale or closure of fitness center operations for Basecamp Fitness in 2024?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the company experienced a gain on the sale or closure of fitness center operations in 2024. The FDD indicates a gain of $481,000 related to these transactions. This figure is part of the broader financial statement detailing the company's revenues, expenses, and income.

For a prospective franchisee, this information provides insight into how Basecamp Fitness manages its assets and operations. A gain in this area could suggest effective management of underperforming locations or strategic decisions to optimize the company's portfolio. It is important to note that this gain is just one component of the overall financial health of the company, and should be considered alongside other factors such as revenue growth, expenses, and profitability.

It's also worth noting that the FDD presents this figure in the context of 'Other (expense) income,' which includes interest expense, other income, and other expenses. The gain on the sale or closure of fitness center operations is listed as a positive value within this section, contributing to the total other (expense) income, net. This net figure impacts the overall net income of Basecamp Fitness, which is a key indicator of the company's financial performance.

Prospective franchisees should review these figures carefully and consider how they might reflect on the stability and growth potential of the Basecamp Fitness franchise system. While a one-time gain is a positive sign, it's crucial to assess the long-term trends and underlying factors driving the company's financial results. Further investigation into the specific circumstances surrounding these sales or closures may provide additional context and inform a franchisee's investment decision.