What section of the Basecamp Fitness Franchise Agreement discusses our right of first refusal?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Provision | Agreements | Summary | |
|---|---|---|---|
| n. Our right of first refusal | Section 19 – Franchise | We have the right to match any offer for your business. | |
| to acquire your business | Agreement |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER, AND DISPUTE RESOLUTION (FDD pages 51–55)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the franchisor's right of first refusal to acquire your business is detailed in Section 19 of the Franchise Agreement. This provision grants Basecamp Fitness the right to match any offer you receive for your Basecamp Fitness business.
In practical terms, if you decide to sell your Basecamp Fitness franchise, you must first offer the business to Basecamp Fitness under the same terms and conditions as any third-party offer you've received. Basecamp Fitness has the option to purchase your franchise by matching the offer.
This right of first refusal is a common clause in franchise agreements, allowing the franchisor to maintain control over the brand and ensure that any new franchisee meets their standards. It's important for prospective Basecamp Fitness franchisees to understand this provision, as it restricts your ability to sell the franchise to whomever you choose without first offering it to Basecamp Fitness.