Under what conditions does Basecamp Fitness recognize vendor rebate income?

According to Basecamp Fitness's 2025 Franchise Disclosure Document, the company recognizes vendor rebate income when franchisees use preferred vendor arrangements. Specifically, Basecamp Fitness recognizes this income when franchisees purchase services or equipment from these preferred vendors.

However, there is an additional condition: Basecamp Fitness must be reasonably assured that they will actually receive the rebate from the vendor. This means that the franchisor needs to be confident in the vendor's ability and willingness to pay the agreed-upon rebate.

For a prospective franchisee, this means that vendor rebates can potentially offset some of the costs of purchasing services or equipment. However, the franchisee should confirm that the vendor is on the 'preferred' list and that Basecamp Fitness has a reasonable expectation of receiving the rebate before factoring it into their financial projections. This also highlights the importance of using preferred vendors to potentially benefit from these rebate arrangements, assuming the franchisee is comfortable with the vendor's pricing and service quality.