How many Basecamp Fitness outlets in Illinois were terminated in 2022?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| State1 | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non Renewals | Reacquired by Franchisor | Ceased Operations Other Reasons | Outlets at End of the Year |
|---|---|---|---|---|---|---|---|---|
| Illinois | 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–61)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, there were no terminations of Basecamp Fitness outlets in Illinois during 2022. The provided table outlines the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year for each state.
For Illinois in 2022, the table indicates there was one outlet at the beginning of the year, no outlets opened, zero terminations, zero non-renewals, zero outlets reacquired by the franchisor, and zero outlets that ceased operations for other reasons. Consequently, there was still one outlet at the end of the year.
This data point is crucial for potential franchisees as it provides insight into the stability and performance of Basecamp Fitness franchises in Illinois. A low number of terminations can be seen as a positive indicator, suggesting that franchisees are generally successful and satisfied with their investment. However, it is essential to consider this information in conjunction with other factors, such as the number of new openings and overall financial performance, to gain a comprehensive understanding of the franchise's health in the region.