What was the loss on sale of property and equipment for Basecamp Fitness in 2023 (in thousands of US dollars)?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the loss on the sale of property and equipment in 2023 was $112,000. This figure is derived from the cash flow statement, which reconciles net income to net cash flows from operating activities. Depreciation and amortization are added back, while gains or losses on asset sales are adjusted to reflect the cash impact of these transactions.

For a prospective Basecamp Fitness franchisee, this indicates that the company did experience some losses from the disposal of assets during that year. While not necessarily alarming on its own, it could signal a need to understand the reasons behind these losses. It would be prudent to inquire about the types of assets sold, their condition, and the circumstances leading to their disposal. This information can provide insights into the company's asset management practices and potential risks.

Franchisees should consider this figure in the context of overall financial performance. A one-time loss may not be significant, but consistent losses could indicate underlying issues. It's important to compare this figure with industry benchmarks and assess whether Basecamp Fitness's asset management practices are in line with those of similar franchise systems. Further due diligence, including discussions with existing franchisees, can help in evaluating the potential financial implications for a new franchisee.