Franchise opportunities compared
Basecamp Fitness vs F45 Training
Reviewed figures from each brand's Franchise Disclosure Document (FDD), side by side. Each figure carries its FDD year and page. This is not a ranking or recommendation, and the two FDDs may cover different years and location groups.
Before you compare
- Basecamp Fitness figures come from its 2025 FDD and F45 Training figures from its 2026 FDD, so the years differ.
- Item 19 figures cover the location groups each FDD names (Basecamp Fitness: 3, F45 Training: 6). Different groups are not directly comparable.
| Disclosure |  Basecamp Fitness |  F45 Training |
|---|---|---|
| Financial commitment | ||
| Estimated initial investment (Item 7) | $513,073 – $832,511 TOTAL 2025 FDD · Item 7 · PDF p. 18 | $362,300 – $857,700 Total 2026 FDD · Item 7 · PDF p. 30 |
| Standard initial franchise fee (Item 5) | $42,500 Item 5 offers discounted pricing for veterans and qualifying existing franchisees. 2025 FDD · Item 5 · PDF p. 8 | $60,000 A document preparation fee of up to $2,500 is also due at signing. 2026 FDD · Item 5 · PDF p. 19 |
| Royalty (Item 6) | 8% of gross revenue Royalty Fee 2025 FDD · Item 6 · PDF p. 11 | Greater of 7% of Gross Sales or $2,500 per month Royalty Fee 2026 FDD · Item 6 · PDF p. 22 |
| Brand / advertising fund (Item 6) | 2% of percentage of monthly gross revenue General Advertising and Marketing Fund Contributions 2025 FDD · Item 6 · PDF p. 11 | $200 Brand Fund — Up to 2% of Gross Sales, or $200 per month, whichever is higher 2026 FDD · Item 6 · PDF p. 22 |
| System scale & health | ||
| Total outlets (Item 20) | 23 Outlets at end of 2024 2025 FDD · Item 20 · PDF p. 51 | 709 Outlets at end of 2025 2026 FDD · Item 20 · PDF p. 68 |
| Net outlet change (Item 20) | +9 Calculated: 14 at end of 2022 → 23 at end of 2024 | −82 Calculated: 791 at end of 2023 → 709 at end of 2025 |
| Outlet exits (Item 20) | 2 Closures, terminations & non-renewals in 2024 · Calculated turnover 9.5% of outlets at start of year 2025 FDD · Item 20 · PDF p. 51 | 72 Closures, terminations & non-renewals in 2024 · Calculated turnover 9.1% of outlets at start of year 2026 FDD · Item 20 · PDF p. 76 |
| Franchising since (Item 1) | 2021 2025 FDD · Item 1 · PDF p. 9 | Began offering franchises in 2015 2026 FDD · Item 1 · PDF p. 8 |
| Franchisor founded (Item 1) | 2013 2025 FDD · Item 1 · PDF p. 9 | Incorporated in 2015 2026 FDD · Item 1 · PDF p. 8 |
| Performance (Item 19) | ||
| Financial performance (Item 19), by location group | Franchised (16 studios) — revenue $370,177 median Gross Revenues · 2025 FDD · Item 19 · PDF p. 49 Franchised and company-owned (20 studios) — revenue $423,986 median Gross Revenues · 2025 FDD · Item 19 · PDF p. 50 Company-owned (4 studios) — revenue $951,500 mean Annual Gross Revenues · 2025 FDD · Item 19 · PDF p. 50 | Franchised (225 studios) — revenue — 225 Studios in the Top third $724,472 mean Annual Gross Sales · 2026 FDD · Item 19 · PDF p. 65 Franchised (225 studios) — revenue — 225 Studios in the Middle third $437,219 mean Annual Gross Sales · 2026 FDD · Item 19 · PDF p. 65 Franchised (676 locations) — revenue — 676 franchised F45 Studios that were open and operating for at least 12 months… $480,832 mean Annual Gross Sales · 2026 FDD · Item 19 · PDF p. 65 +3 more groups in the full report |
Item 19 groups are shown separately and never combined. Revenue or sales figures are not profit. Net outlet change and turnover are Franopolis calculations from the disclosed counts; turnover is a count-based rate, not a measure of owner earnings.