What was the total amount of distributions for Basecamp Fitness as of December 31, 2024?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
| Balance at December 31, 2023 | 5,000,000 |
|---|---|
| Contributions | $ 9,750 |
| Distributions | (196,144) |
| Net income | 186,394 |
| Balance at December 31, 2024 | 5,000,000 |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the total distributions as of December 31, 2024, were $196,144. This figure reflects the amount of money distributed from Anytime Fitness, LLC and its subsidiaries. It is important to note that the financial statements are consolidated, meaning they represent the combined financial performance of Anytime Fitness, LLC and its subsidiaries, not just Basecamp Fitness individually. The distributions are measured in thousands of U.S. dollars.
This information is part of a broader overview of changes in member's equity, which also includes contributions and net income. For the year ending December 31, 2024, there were contributions of $9,750 and a net income of $186,394, which, when combined with the distributions, resulted in a balance of $5,000,000. This balance remained the same as of December 31, 2023.
Prospective franchisees should understand that distributions can fluctuate significantly year to year, depending on the overall financial performance of Anytime Fitness, LLC and its subsidiaries. Reviewing the historical trends in contributions, distributions, and net income can provide insights into the financial management and stability of the parent company. It's also important to consider how these consolidated figures relate specifically to the Basecamp Fitness brand, as the performance of other subsidiaries can impact the overall financial picture.