What is the purpose of the prospective franchisee signing the Basecamp Fitness questionnaire?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
nt Agreement has been completely discharged, whichever first occurs. The Guarantor is not discharged from liability if a claim by a franchisee against the Franchisor remains outstanding. Notice of acceptance is waived. The Guarantor does not waive receipt of notice of default on the part of the Franchisor. This guarantee is binding on the Guarantor and its successors and assigns.
The Guarantor signs this guarantee at Woodbury, Minnesota, on the 28th day of March 2025.
GUARANTOR:
SEB FRANCHISING GUARANTOR LLC
James Goniea Its: Secretary
EXHIBIT K FRANCHISEE QUESTIONNAIRE
FRANCHISEE QUESTIONNAIRE – EXISTING FRANCHISEES
If you are a resident of the State of California or your franchise is located in California you are not required to sign this Questionnaire. If any California franchisee completes this Questionnaire, it is against California public policy and will be void and unenforceable, and we will destroy, disregard, and will not rely on such Questionnaire.
Do not sign this Questionnaire if you are a resident of Hawaii, Maryland, or Washington or if the franchise is to be operated in Hawaii, Maryland, or Washington. If signed or otherwise completed, this Questionnaire will not apply to any Hawaii, Maryland, or Washington franchisee.
As you know, Basecamp Fitness Franchisor LLC (the "Franchisor") and you are preparing to enter into a Franchise Agreement and/or Area Development Agreement for the operation of a franchised Basecamp® Fitness business (the "Franchise"). Please review each of the following questions carefully and provide honest responses to each question.
| QUESTION | YES | NO |
|---|---|---|
| 1. Have you received and personally reviewed the Franchise Disclosure Document | ||
| provided to you? | ||
| 2. Did you sign a receipt (Item 23) for the Franchise Disclosure Document indicating | ||
| the date you received it? | ||
| 3. Have you received and personally reviewed the Franchise Agreement and/or Area | ||
| Development Agreement and each exhibit or schedule attached to it? | ||
| 4. Are you legally eligible to work or own a business in the United States and/or | ||
| Canada, including the state or province in which the Franchise will be located? | ||
| 5. Has any employee or other person speaking on behalf of the Franchisor made any | ||
| statement or representation regarding the actual, average or projected | ||
| memberships, revenues, or profits that you, Franchisor, or any of our franchisees | ||
| have achieved in operating the Franchise, other than what is contained in the | ||
| Franchise DisclosureDocument? | ||
| 6. Has any employee or other person speaking on behalf of the Franchisor made any | ||
| promise or agreement, other than those matters addressed in your Franchise | ||
| Agreement, concerning advertising, marketing, media support, market | ||
| penetration, training, support service or assistance or any other material subject | ||
| relating to the Franchise that is contrary to, or different from, the information | ||
| contained inthe Franchise Disclosure Document? | ||
| 7. Has any employee or other person speaking on behalf of the Franchisor made any | ||
| other oral, written, visual or other promises, agreements, commitments, | ||
| understandings, rights-of-first refusal or otherwise to you with respect to any matter, | ||
| except as expressly set forth in the Franchise Agreement and/or Area Development | ||
| Agreement or in an attached written Amendment signed by you and us? | ||
| 8. Are you legally eligible to travel to and attend New Franchisee Training at one of our | ||
| designated training centers in the United States? If you answer “no”, please provide | ||
| an explanation here: | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| 9. Are you currently involved in any other businesses/franchises that may interfere with | ||
| the non-compete obligations outlined in the Basecamp Fitness Franchise | ||
| Agreement, or any other agreements you may have with other | ||
| businesses/franchises? If yes, please describe the businesses/franchises here: | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| 10. Are there any contingencies, prerequisites, or other reservations existing (excluding | ||
| obtaining financing for equipment or build-out of your Basecamp Fitness Studio) that | ||
| will affect your ability to sign or perform your obligations under the Franchise | ||
| Agreement and/or Area Development Agreement? | ||
| 11. Have there been any changes in any of the information you have provided to us or | ||
| our affiliates in connection with any application for the Franchise, or in any | ||
| application, statement or report you have provided to us? If yes, please describe the | ||
| changes here: | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| 12. Have you been proven to have engaged in fraudulent conduct, or been convicted of, | ||
| or plead guilty or no contest to, a felony or misdemeanor involving dishonesty or | ||
| fraudulent conduct, or do you have any such charges pending? If yes, please | ||
| describe all relevant facts here: | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| 13. Have you, in the past 10 years, declared bankruptcy, or taken any action, or had | ||
| any action taken against you, under any insolvency, bankruptcy, or reorganization | ||
| act? If yes, please describe all relevant facts here: | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| _____________________________________________________________________ | ||
| 14. Have you brought, been named in, or been directly involved in any past or pending | ||
| litigation or formal dispute resolution process? |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to the 2025 Basecamp Fitness Franchise Disclosure Document, prospective franchisees, except those in California, Hawaii, Maryland, and Washington, are asked to complete a questionnaire as part of the process of entering into a Franchise Agreement or Area Development Agreement. The purpose of this questionnaire is for Basecamp Fitness to gather information from potential franchisees.
The questionnaire includes questions designed to assess the franchisee's suitability for the Basecamp Fitness system. These questions cover topics such as why the applicant believes they are a good fit for Basecamp Fitness, how they plan to strengthen the brand, their willingness to adhere to the established franchise system, and what sacrifices they are willing to make to run a successful business. The questionnaire also seeks to understand the applicant's views on the characteristics of successful versus unsuccessful franchisees.
Additionally, the questionnaire includes a series of yes/no questions to confirm the applicant's understanding and review of key documents, their legal eligibility to work or own a business, and whether any unauthorized representations have been made by Basecamp Fitness representatives. It also addresses potential conflicts of interest, such as involvement in other businesses, and any contingencies that might affect their ability to fulfill their obligations under the Franchise Agreement. This comprehensive approach helps Basecamp Fitness evaluate the applicant's preparedness and commitment to the franchise opportunity.