When are the travel and training expenses for a Basecamp Fitness franchise due?
Basecamp_Fitness Franchise · 2025 FDDAnswer 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 | |||
| Initial Franchise Fee (Note 2) | $42,500 | $42,500 | Lump sum | Upon signing the Franchise Agreement | Us |
| Travel & Training Expenses (Note 3) | $9,150 | $9,825 | As incurred | As incurred during training | Us, Airlines, hotels, restaurants |
| Leasehold Improvements (Note 4) | $134,800 | $335,000 | Varied times | Before Opening | Landlord and building contractor |
| 3 Months’ Rent + | $33,200 | $47,000 | As incurred | Monthly | Landlord |
| Security Deposit | |||||
| (Note 5) | |||||
| Construction Management Fees (Note 6) | $0 | $13,500 | As incurred | Before Opening | Vendors |
| Architect/Design Fees | $15,400 | $26,250 | As agreed | At time of | Architect |
| (Note 7) | design | ||||
| Technology & Fitness | $100,480 | $127,430 | As agreed | Varied times | Affiliate |
| Equipment Package | |||||
| (Note8) | |||||
| Build-Out Package | $30,733 | $36,696 | As agreed | Varied times | Us |
| (FF&E) (Note 9) | |||||
| Office/Cleaning Supplies | $3,700 | $3,800 | As agreed | Varied times | Us or vendors |
| (Note 10) | |||||
| Interior & Exterior | $24,500 | $34,000 | As agreed | Varied times | Us or vendors |
| Signage (Note 11) | |||||
| Initial Retail | $7,000 | $8,000 | As agreed | At delivery | Us |
| Inventory/Retail Product | |||||
| Package | |||||
| (Note 12) | |||||
| Grand Opening | $40,000 | $40,000 | Lump sum | Before | Us or vendors |
| Advertising (Note13) | opening | ||||
| Insurance & Bonds | $3,200 | $4,000 | As incurred | Varied times | Third parties |
| (Note 14) | |||||
| Miscellaneous Expenses | $8,550 | $9,550 | As agreed | Varied times | Us and vendors |
| (Note 15) | |||||
| Additional Funds and Working Capital for First 3 Months (Note 16) | $59,860 | $94,960 | As incurred | Varied times | Us, vendors or third parties |
| TOTAL (Note 17) | $513,073 | $832,511 |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 24–28)
What This Means (2025 FDD)
According to Basecamp Fitness's 2025 Franchise Disclosure Document, travel and training expenses are due as incurred during training. These expenses cover the costs for the Principal Operator, studio manager, Fitness Manager, and a minimum of 3 coaches to attend required training programs.
The FDD states that the estimated initial investment for travel and training ranges from $9,150 to $9,825. These costs are paid to the training entity, airlines, hotels, and restaurants. Franchisees are responsible for covering all travel and living expenses for their attendees during the training programs.
Basecamp Fitness requires the Principal Operator and studio manager to attend New Franchisee Training, which includes Role Specific Training, Presale Training, and Launch Training. The Fitness Manager and at least 3 coaches must attend the Coaches Training Course. The franchisee must also ensure their Fitness Manager completes the Day in the Life Training. While Basecamp Fitness does not currently charge for the Day in the Life training, they may do so in the future. The Launch Training and Coaches Training Course each cost $3,000.
Prospective franchisees should budget accordingly for these travel and training expenses, ensuring they have sufficient funds available as these costs arise during the training period. It is important to note that these expenses are in addition to the training fees themselves.