What was the net change in the number of company-owned Basecamp Fitness outlets during 2024?
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 |
|---|---|---|---|---|
| Company-Owned | 2022 | 6 | 5 | -1 |
| 2023 | 5 | 5 | 0 | |
| 2024 | 5 | 4 | -1 | |
| Franchised | 2022 | 6 | 9 | +3 |
| 2023 | 9 | 16 | +7 | |
| 2024 | 16 | 19 | +3 |
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, the net change in the number of company-owned outlets during 2024 was a decrease of 1. At the start of 2024, Basecamp Fitness had 5 company-owned outlets, and by the end of the year, that number had decreased to 4. This indicates a slight contraction in the company-owned segment of the business.
For a prospective franchisee, this information is relevant because it provides insight into the performance and strategic decisions of Basecamp Fitness regarding its company-owned locations. A decrease in company-owned outlets could suggest a strategic shift towards franchising, potential challenges in managing company-owned locations, or other factors influencing the company's operational model.
It's important to note that while the number of company-owned locations decreased, the number of franchised locations increased by 3 during the same period, from 16 to 19. This suggests a potential focus on expanding through franchising rather than direct company ownership. A prospective franchisee should inquire about the reasons behind the decrease in company-owned locations and the overall strategy of Basecamp Fitness regarding the balance between company-owned and franchised outlets.