factual

Who is the sole supplier for fitness equipment for a Basecamp Fitness franchise?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. ProVision, an affiliate of ours, is currently the sole supplier for certain fitness equipment, technology services, technology, network hardware, and security systems, including iPads, tablet devices, computers, lighting, audio and video systems, software and other related components including a point of sale system and certain cloud based technology included in the Technology & Fitness Equipment Package which you must purchase to operate your Basecamp Studio.

Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 28–32)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, franchisees must purchase certain fitness equipment from ProVision. ProVision, an affiliate of Basecamp Fitness, is the sole supplier for fitness equipment, technology services, technology, network hardware, and security systems. This includes items such as iPads, tablet devices, computers, lighting, audio and video systems, software, point of sale systems, and cloud-based technology, all included in the Technology & Fitness Equipment Package.

This requirement means that franchisees do not have the option to shop around for the best prices or preferred brands of fitness equipment. They are obligated to purchase these items from ProVision. This arrangement ensures brand consistency and potentially streamlines the procurement process, but it also limits the franchisee's control over costs and equipment selection.

Basecamp Fitness also benefits from this arrangement, as indicated in Item 8, which states that they derive revenue from franchisee purchases from mandatory, designated, or preferred suppliers. For the fiscal year ended December 31, 2024, ProVision received $516,320 in revenue from the purchase, lease, or sale of required goods or services to Basecamp Fitness franchisees. This revenue stream represents a financial incentive for Basecamp Fitness to maintain this sole supplier relationship. Prospective franchisees should consider the potential costs and limitations associated with this requirement when evaluating the overall investment and operational structure of a Basecamp Fitness franchise.

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.