What was the net change in the number of franchised Basecamp Fitness outlets during the year 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 |
|---|---|---|---|---|
| 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 franchised outlets during 2024 was an increase of 3. Specifically, the number of franchised Basecamp Fitness locations started the year at 16 and ended the year at 19. This indicates a moderate growth in the franchise system.
For a prospective franchisee, this information provides insight into the recent growth trajectory of Basecamp Fitness. A net increase suggests that the franchise is expanding, which could be a positive sign. However, it's important to consider the rate of growth in relation to the overall size of the franchise system.
It is also important to note that while the number of franchised locations increased, this does not account for the performance of individual locations. Prospective franchisees should investigate further into the reasons for the net change, such as the opening of new locations versus the closing of existing ones, and the overall financial health of the franchise system.