What agreements or certificates, such as the Guaranty or Non-Disturbance Certificate, might Camp Margaritaville require?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
owns an interest in the Franchisee (the "Guarantors"), executes Franchisor's form of Guaranty (the "Guaranty") attached hereto as Exhibit D.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, if an individual owns an interest in the franchisee, Camp Margaritaville requires that they execute the franchisor's form of Guaranty. This Guaranty is included as Exhibit D to the Franchise Disclosure Document.
This means that any person with an ownership stake in the Camp Margaritaville franchise must sign a personal guarantee, making them personally liable for the franchise's obligations under the franchise agreement. This is a standard practice in franchising, as it provides the franchisor with additional security and recourse in case of default by the franchisee.
Prospective franchisees should carefully review the Guaranty (Exhibit D) to understand the full extent of their personal liability before signing the franchise agreement. They should also consult with an attorney or financial advisor to assess the risks and implications of providing a personal guarantee.