How many total Basecamp Fitness outlets were open at the end of 2023?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2022 | 6 | 9 | +3 |
| 2023 | 9 | 16 | +7 | |
| 2024 | 16 | 19 | +3 | |
| Company-Owned | 2022 | 6 | 5 | -1 |
| 2023 | 5 | 5 | 0 | |
| 2024 | 5 | 4 | -1 | |
| Total Outlets | 2022 | 12 | 14 | +2 |
| 2023 | 14 | 21 | +7 | |
| 2024 | 21 | 23 | +2 |
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 a total of 21 Basecamp Fitness outlets open at the end of 2023. This total comprises both franchised and company-owned outlets. Specifically, 16 of these were franchised locations, while the remaining 5 were company-owned.
This information is crucial for potential franchisees as it provides a snapshot of the brand's footprint and growth trajectory. The increase from 14 total outlets at the start of 2023 to 21 by year's end indicates a period of expansion for Basecamp Fitness. A prospective franchisee can assess the brand's growth and stability by analyzing these figures.
It's important to note the distinction between franchised and company-owned outlets. Franchised outlets represent investments made by individual franchisees, while company-owned outlets reflect the franchisor's direct investment. The balance between these two types of outlets can provide insights into Basecamp Fitness's business model and strategic priorities.
By examining the historical data presented in the FDD, potential franchisees can gain a better understanding of Basecamp Fitness's performance and potential for future growth. This information, combined with other due diligence efforts, can help franchisees make informed decisions about investing in a Basecamp Fitness franchise.