What were the total assets for Basecamp Fitness in 2023?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the company's total assets in 2023 were $5,000,000. This figure represents the sum of all resources owned by Basecamp Fitness at that time, including cash, equipment, and other property. This information is crucial for potential franchisees as it provides a snapshot of the company's financial health and stability. A higher asset value generally indicates a stronger financial position, which can be reassuring for those considering investing in a franchise.

In addition to total assets, the document also specifies that the cash and cash equivalents for Basecamp Fitness in 2023 were also $5,000,000. Cash and cash equivalents are the most liquid assets a company possesses, readily available to meet short-term obligations. Having a substantial amount of cash on hand can enable Basecamp Fitness to invest in growth opportunities, manage unexpected expenses, and support its franchisees during challenging times.

Furthermore, the FDD indicates that the member's equity, representing the owner's stake in the company, was also $5,000,000 in 2023. Member's equity reflects the net worth of Basecamp Fitness, calculated as the difference between its assets and liabilities. A positive and substantial member's equity suggests that the company has a solid foundation and is financially stable. Prospective franchisees should consider these figures in conjunction with other financial data provided in the FDD to gain a comprehensive understanding of Basecamp Fitness's financial performance and risk profile.