factual

What is a 'preferred vendor' for Basecamp Fitness?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

We may require you to purchase certain furniture, equipment, inventory, supplies, services and other products used or offered at your studio from vendors we approve, in which case we will provide you with a list of approved suppliers. These will include mandatory vendors (persons from whom you must purchase certain items or services), designated vendors (for items or services that must be purchased from vendors we approve), and preferred vendors (for vendors we have approved, but in categories where we do not require you obtain our approval of the vendor). These suppliers may pay vendor rebates to us and they may include our company and affiliates of ours. We may modify our mandatory, designated, and/or preferred vendor(s) at any time.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 28–32)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, a preferred vendor is one that Basecamp Fitness has approved, but in categories where franchisees are not required to obtain approval of the vendor. Franchisees are able to select vendors from whom they want to purchase goods or services. Basecamp Fitness may modify their preferred vendors at any time.

Basecamp Fitness may require franchisees to purchase certain furniture, equipment, inventory, supplies, services and other products used or offered at their studio from vendors they approve. These vendors can be mandatory, designated, or preferred. The FDD states that these suppliers may pay vendor rebates to Basecamp Fitness and may include Basecamp Fitness's company and affiliates.

If a franchisee wants to purchase items for their Basecamp Studio that Basecamp Fitness has not previously approved, or items that differ from their specifications, the franchisee must notify Basecamp Fitness in writing. If Basecamp Fitness requests, the franchisee must submit samples and other information required for testing or to otherwise determine whether the product, material or supply meets their specifications and quality standards. Basecamp Fitness does not impose any fee for their consideration of an item not previously approved.

When Basecamp Fitness has a designated vendor (other than a mandatory vendor), if a franchisee wants to purchase from other vendors the items or services for which that vendor has been designated, they must notify Basecamp Fitness in writing and obtain their approval. If a franchisee seeks approval of a new supplier (or if the supplier applies directly to Basecamp Fitness for approval), Basecamp Fitness will require the supplier pay them a nonrefundable fee of $300 before they will consider approving their application. This fee is intended to defer Basecamp Fitness's cost of reviewing the supplier. Basecamp Fitness may also require the supplier to sign a supplier agreement with them.

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.