In what state did a Basecamp Fitness franchise transfer occur in 2023?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Alabama | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 0 | |
| California | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Tennessee | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 1 | |
| Total | 2022 | 0 |
| 2023 | 1 | |
| 2024 | 2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 58–61)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, a franchise transfer occurred in Alabama during 2023. Specifically, the table provided in Item 20 details the transfers of outlets from franchisees to new owners, noting that Alabama had one such transfer in 2023. No transfers are listed for any other state in 2023.
This information is relevant for prospective franchisees as it provides insight into the resale market for Basecamp Fitness franchises. A transfer indicates that an existing franchisee has sold their business to a new owner, which can happen for various reasons, such as retirement, relocation, or a change in business interests. Knowing the frequency of transfers in different states can help a potential franchisee assess the stability and desirability of the franchise in those areas.
It is important to note that the table only reflects transfers that have been officially recorded by Basecamp Fitness. Potential franchisees should also inquire about the reasons behind any transfers and the performance of the transferred outlets to gain a comprehensive understanding. Reviewing the history of franchise transfers, like the one in Alabama, can be a valuable part of the due diligence process before investing in a Basecamp Fitness franchise.