How much cash did Basecamp Fitness pay for interest in 2024?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| (in thousands of US dollars) | 2024 2023 2022 | |
|---|---|---|
| Supplemental disclosures of cash flow information | ||
| Cash paid for interest | $ 52,480 $ 24,419 $ 24,488 |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the company paid $52,480 in cash for interest in 2024. This figure is part of the consolidated statements of cash flows. The payments are listed under the supplemental disclosures of cash flow information. The amounts are expressed in thousands of U.S. dollars.
For a prospective franchisee, understanding the franchisor's interest payments can provide insight into the company's financial health and debt obligations. High-interest payments may indicate a significant debt burden, which could impact the franchisor's ability to support its franchisees or invest in the brand. Conversely, lower interest payments might suggest a more stable financial position.
It's important to note that this figure represents the cash paid for interest by Basecamp Fitness itself, and not the interest expenses that a franchisee might incur when financing their own franchise. A potential franchisee should consider this information in the context of the overall financial performance of Basecamp Fitness and consult with a financial advisor to assess the implications for their own investment.