What was the total value of property and equipment before depreciation for Basecamp Fitness?
Basecamp_Fitness Franchise · 2025 FDDAnswer from 2025 FDD Document
[Item 23: RECEIPTS]
| 2024 | 2023 | ||
|---|---|---|---|
| Property and equipment | |||
| Leasehold improvements | $ 5,607 | $ | 5,777 |
| Equipment | 3,960 | 3,572 | |
| Fitness equipment | 2,507 | 2,757 | |
| Autos and trucks | 309 | 309 | |
| Furniture and equipment | 390 | 397 | |
| Construction in progress | 58 | 35 | |
| Total property and equipment | 12,831 | 12,847 | |
| Less: Accumulated depreciation | (9,866) | (9,370) | |
| Property and equipment, net | $ 2,965 | $ | 3,477 |
Source: Item 23 — RECEIPTS (FDD pages 62–248)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, the total value of property and equipment before accumulated depreciation was $12,831 in 2024 and $12,847 in 2023. These figures represent the combined value of several categories of assets, including leasehold improvements, equipment, fitness equipment, autos and trucks, furniture and equipment, and construction in progress.
For a prospective franchisee, understanding these figures is crucial for assessing the capital investment required to establish and maintain a Basecamp Fitness studio. The property and equipment line items reflect the tangible assets necessary for operating the business. These values do not reflect the depreciated value of the assets.
It's important to note that these values are 'in thousands of US dollars,' meaning the actual amounts are in the millions. For example, the $12,831 for 2024 represents $12,831,000. Reviewing these figures helps potential franchisees understand the scale of investment in physical assets for Basecamp Fitness.