factual

To whom are the technology and fitness equipment package payments made for a Basecamp Fitness franchise?

Basecamp_Fitness Franchise · 2025 FDD

Answer from 2025 FDD Document

YOUR ESTIMATED INITIAL INVESTMENT
Single Basecamp Studio Franchise
Type of Expenditure Low Amount High Amount Method of When Due To Whom
(Note 1) Payment Payment is to be Made
Technology & Fitness $100,480 $127,430 As agreed Varied times Affiliate
Equipment Package
(Note8)
  • (8) Many of these items are included in the Technology & Fitness Equipment Package you will purchase from our affiliate.

These estimates include the estimated taxes, shipping and install costs.

  • (17) We have relied on the experience of our predecessors and our franchisees' experiences to compile these estimates. We do not offer financing for any part of the initial investment.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–28)

What This Means (2025 FDD)

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the payments for the Technology & Fitness Equipment Package are made to Basecamp Fitness's affiliate. This package is a required purchase for franchisees. The estimated cost for this package ranges from $100,480 to $127,430. These estimates include taxes, shipping, and installation costs.

This means that as a prospective Basecamp Fitness franchisee, you will need to budget for this expense as part of your initial investment. It is important to note that the payment is made to an affiliate of Basecamp Fitness, which could influence the pricing and terms of the package. Franchisees should confirm what specific equipment and technology are included in the package and compare the pricing to similar equipment available from third-party vendors to ensure they are receiving a competitive value.

It is also important to understand the payment schedule for the Technology & Fitness Equipment Package, as the FDD states that payments are due at "varied times as agreed." Franchisees should clarify these payment terms with Basecamp Fitness and its affiliate to ensure they can meet the financial obligations. Additionally, franchisees should confirm whether there are any financing options available for this package, although the FDD states that Basecamp Fitness does not offer financing for any part of the initial investment.

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.