How are technology fees for Basecamp Fitness billed and recognized?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, technology fees cover software licenses or sublicenses that franchisees must use to operate their studio. These fees are billed and recognized monthly as services are rendered. For accounting purposes, Basecamp Fitness records these technology fees within franchise royalties on their consolidated statements of comprehensive income.

This means that as a Basecamp Fitness franchisee, you will be charged technology fees on a monthly basis. These fees are not a one-time charge but an ongoing expense tied to your continued use of the required software and technology. The fees contribute to the development or purchase of these essential technology components.

The fact that these fees are categorized as franchise royalties on Basecamp Fitness's financial statements suggests they are considered a core part of the ongoing franchise relationship and are treated similarly to other royalty payments. This provides clarity on how this revenue stream is classified and reported by the franchisor.

Prospective franchisees should budget for these monthly technology fees and understand that they are a recurring cost of doing business. It would be prudent to inquire about the specific software and technology covered by these fees, as well as any potential increases in the future, to accurately forecast operating expenses.