Can the Basecamp Fitness owner charge a fee for filing UCC financing statements?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the studio 'Owner' (likely a leasing company or financing entity) is authorized to file UCC financing statements to protect their interest in the equipment. The document specifies that the Owner may charge a fee to cover the costs associated with filing these statements. Alternatively, the Owner has the discretion to charge a non-filing protection fee.

This means that as a Basecamp Fitness franchisee, you may encounter a charge related to the filing of UCC financing statements, or a non-filing protection fee, potentially passed on to you by the equipment owner. UCC (Uniform Commercial Code) filings are standard practice when equipment is leased or financed, as they establish the lender's or lessor's legal claim to the equipment until it is fully paid for.

The fact that the 'Owner' retains the right to charge a fee for UCC filings or a non-filing protection fee suggests that this is a cost that franchisees should anticipate and factor into their financial planning. It is important for prospective franchisees to clarify with Basecamp Fitness the typical amount of these fees and under what circumstances they are charged. Understanding these potential costs upfront will help in accurately assessing the overall investment required to start and operate a Basecamp Fitness franchise.