factual

What agreement must a Management Company sign in favor of the Camp Margaritaville franchisor?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (v) the transferee's proposed Management Company, if different from the current Management Company, meets Franchisor's then-current standards for Management Companies and completes the Training Program and any other training required of Management Companies at the time;

Source: Item 23 — RECEIPTS (FDD pages 72–406)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, if a franchisee seeks to transfer their franchise agreement and the proposed management company is different from the current one, the new management company must meet Camp Margaritaville's standards. Specifically, the proposed Management Company must complete the Training Program and any other training required of Management Companies at the time.

This requirement ensures that any new management overseeing a Camp Margaritaville location is properly trained and meets the franchisor's standards. This helps maintain consistency and quality across all Camp Margaritaville locations, regardless of changes in ownership or management.

For a prospective franchisee, this means that if they plan to sell their franchise in the future and the new owner intends to use a different management company, that company will need to undergo Camp Margaritaville's training program. This could involve additional costs and time for the new management company, which should be factored into the transfer process. The standards for Management Companies are determined by Camp Margaritaville at the time of the transfer.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.