factual

What is the relocation fee for a Basecamp Fitness studio?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

r these or any other reasons, you will be responsible for any losses or costs relating to such delay. In any event, you may not open your Basecamp Studio until all of these problems have been resolved to our satisfaction and if the time period to correct the problems extends past the Required Opening Date you will only have to the Required Opening Date to correct the problems.

  • E. Relocation. You may not move or relocate your Basecamp Studio without our prior written consent, which consent shall not be unreasonably withheld.
    1. The request for relocation must be made in writing, stating the new location, received by us at least sixty (60) days prior to the date of intended relocation, and be accompanied by a relocation fee of One Thousand Five Hundred Dollars ($1,500). You must also pay any expenses we incur in reviewing the new location. The new location must be within the Protected Territory (as defined below), and it may not be located within any territory we grant to any other franchisee. We will refund the relocation fee to you if we do not approve your new location.
    1. Upon receipt of our approval, you must upgrade the new space to comply with all of our

Source: Item 22 — CONTRACTS (FDD pages 61–62)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, a franchisee must pay a relocation fee of $1,500 if they want to move their studio. This fee must be paid when the franchisee submits a written relocation request to Basecamp Fitness, at least 60 days before the intended relocation date. The request must include the new location.

Basecamp Fitness's approval is required for any relocation, and it will not be unreasonably withheld. The new location must be within the franchisee's protected territory and cannot be within another franchisee's territory. If Basecamp Fitness does not approve the new location, the relocation fee will be refunded to the franchisee.

If the relocation is approved, the franchisee is responsible for upgrading the new space to meet Basecamp Fitness's current specifications and constructing the premises as required. After relocation, Basecamp Fitness will conduct a security inspection to ensure all security equipment is properly installed. The franchise agreement's Rider will also be amended to reflect the new location and any updates to the protected territory.

This relocation process ensures that Basecamp Fitness maintains control over its brand and standards, even when a franchisee chooses to move their business. The fee covers the franchisor's costs of reviewing the new location and updating the franchise agreement.

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.