table_specific

What was the net income for Basecamp Fitness in 2022?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

(in thousands of US dollars) 2024 2023 2022
Cash flows from operating activities
Net income $ 113,091 $ 54,308 $ 60,705

Source: Item 23 — RECEIPTS (FDD pages 62–248)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the net income for 2022 was $60,705. This figure is presented in thousands of U.S. dollars. This indicates the brand's profitability during that specific year. A prospective franchisee can use this information to assess the financial health and stability of the franchise system. It's important to note that this is just one year's data and should be analyzed in conjunction with other financial statements and trends.

It is important to consider that this net income reflects the performance of Basecamp Fitness Franchisor LLC, the entity that franchises the Basecamp Fitness concept. This net income figure may not directly translate to the potential profitability of an individual franchise unit. Factors such as location, operating costs, and local market conditions can significantly impact a franchisee's financial performance.

Furthermore, the FDD provides additional financial details, including revenue streams from franchise royalties, franchise fees, sales, advertising fund revenue, and vendor rebates. Understanding the various revenue sources and associated expenses, such as the cost of goods sold, general and administrative expenses, and advertising fund expenses, can provide a more comprehensive view of the financial dynamics within the Basecamp Fitness franchise system. A prospective franchisee should carefully review all financial statements and disclosures in the FDD and consult with a financial advisor to assess the potential risks and rewards of investing in a Basecamp Fitness franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.