How many business days does Basecamp Fitness have to approve or disapprove a proposed site?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
- A. Site Acquisition. Prior to the acquisition by lease or purchase of the site for your Basecamp Studio, you will submit to us such information and materials as we may require, which may include, but not be limited to, your proposed lease. We will have ten (10) business days after receipt of the information and materials we requested to approve or disapprove your proposed site. No site will be deemed approved unless it has been expressly approved in writing by us by notice of site approval sent to you. Our examination and approval of the location of your Basecamp Studio site does not constitute a representation, guaranty or warranty, express or implied, of the successful operation or profitability of the Basecamp Studio at that location. In addition, we may require you to furnish us with a copy of the signed lease within five (5) days after its execution. Following our approval of the site and your acquisition of it, you authorize us to amend the Rider to this Agreement, without your signature, to identify: (1) the address of the site; and (2) the Protected Territory via a map or description of an area surrounding the site.
Source: Item 22 — CONTRACTS (FDD pages 61–62)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the company has ten business days to approve or disapprove a proposed site for a new franchise location. This timeframe begins after Basecamp Fitness receives all the necessary information and materials from the prospective franchisee, such as the proposed lease agreement.
It is important to note that Basecamp Fitness's approval must be express and in writing, communicated to the franchisee via a notice of site approval. Verbal approvals or implied consent are not sufficient. Furthermore, the FDD states that even if Basecamp Fitness approves a site, this approval does not constitute a guarantee or warranty of the studio's future success or profitability at that location. The franchisee bears the ultimate responsibility for assessing the viability of the site.
In addition to site approval, Basecamp Fitness may require the franchisee to furnish a copy of the signed lease within five days of its execution. After site approval and lease acquisition, Basecamp Fitness is authorized to amend the franchise agreement's rider to formally identify the site's address and the protected territory associated with it. This amendment can be made without requiring the franchisee's signature, streamlining the process of updating the agreement to reflect the specific location details.