Where is the number of Basecamp Fitness studios to be developed identified?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Grant of Development Rights. The following provisions control with respect to the rights granted hereunder:
- A. We grant to you, under the terms and conditions of this Agreement, the right to develop and operate the number of fitness studios identified in the Rider (the "Basecamp Studios"), using the Marks, operating within the nonexclusive area described in the Rider (the "Development Territory").
- B. You agree to be bound by the "Development Schedule" in the Rider. Time is of the essence for the development and operation of each Basecamp Studio in accordance with the Development Schedule.
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the number of fitness studios to be developed is specified in the Rider to the Area Development Agreement. Item 17 outlines that Basecamp Fitness grants the right to develop and operate the number of fitness studios identified in the Rider within a defined nonexclusive area, also detailed in the Rider.
The Development Schedule, which is also found in the Rider, binds the franchisee to specific timelines for opening and operating Basecamp Fitness studios. This schedule includes the dates for executing Franchise Agreements, submitting site approval requests, and the required opening dates for each studio. It also specifies the cumulative number of Basecamp Fitness studios that must be open and continuously operating within the Development Territory.
Failure to adhere to the Development Schedule, such as not signing a Franchise Agreement, not obtaining site approval, or not opening the required number of studios by the specified dates, gives Basecamp Fitness the right to terminate the Area Development Agreement. Therefore, prospective franchisees should carefully review the Rider to fully understand their development obligations and the associated timelines.