What range of tenant improvement assistance did Basecamp Fitness franchisees receive in 2024?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees who built studios in 2024 received tenant improvement assistance ranging from $10 to $70 per square foot. The average tenant improvement assistance was $40 per square foot. Tenant improvement assistance from the landlord can significantly offset the costs of preparing the location for opening.

However, the FDD also states that there is no assurance that a landlord will provide any tenant improvement assistance. This means that a prospective Basecamp Fitness franchisee should not assume they will receive this assistance and should be prepared to cover the full cost of leasehold improvements, which the FDD estimates to be between $134,800 and $335,000. The amount of leasehold improvements will vary based on existing conditions, size, design, and the availability and prices of labor and materials.

A prospective franchisee should carefully investigate all costs associated with leasehold improvements in the area where they wish to establish their Basecamp Fitness studio. Understanding the local market conditions and negotiating effectively with the landlord will be crucial in managing these costs. The FDD recommends using Basecamp Fitness's designated vendor for Construction Management Services, with fees of approximately $13,500, and retaining their designated architectural vendor to create construction documents, with fees ranging from $15,400 to $26,250.