When is the Renewal Fee due to Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount (Note 1) | Due Date | Remarks |
|---|---|---|---|
| Renewal Fee | $5,000 | At least 15 days before the term of your Franchise Agreement expires. | You only pay this fee if you want to renew your franchise. |
Source: Item 6 — OTHER FEES (FDD pages 17–24)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the Renewal Fee is $5,000. This fee is due at least 15 days before the expiration of the current Franchise Agreement term.
This means that if a franchisee wishes to continue operating their Basecamp Fitness studio under a new franchise agreement, they must pay the $5,000 renewal fee well in advance of their existing agreement's end date. Failing to pay on time could jeopardize their ability to renew the franchise and continue operations.
Renewal fees are a common practice in franchising, intended to cover the franchisor's costs associated with processing the renewal, updating training materials, and ensuring the franchisee remains compliant with current brand standards. The 15-day advance notice provides Basecamp Fitness with sufficient time to process the renewal and update any necessary documentation.