What agreements have state-specific riders that may affect my Camp Margaritaville franchise?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
ADDENDUM TO FRANCHISE DISCLOSURE DOCUMENT FOR MARGARITAVILLE RV RESORTS, LLC STATE OF MARYLAND
THIS ADDENDUM (the "Addendum") amends the Franchise Disclosure Document of MARGARITAVILLE RV RESORTS, LLC for its Camp Margaritaville Franchise.
The following is added to Item 5:
The Maryland Attorney General's Office has imposed a deferral condition on us sue to Franchisor's financial condition; therefore, no fees are payable by you to us until all of our pre-opening obligations are completed and your business has opened.
Sections (c) and (l) of Item 17 are amended by adding the following language:
Pursuant to COMAR 02.02.08.16L, the general release required as a condition of renewal,
Source: Item 22 — CONTRACTS (FDD pages 71–72)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, there is a state-specific addendum for Maryland that amends the standard franchise agreement. This addendum includes modifications to Item 5 and Item 17 of the FDD.
Specifically, the Maryland addendum addresses the payment of fees. Due to Camp Margaritaville's financial condition, the Maryland Attorney General's Office has imposed a deferral condition, meaning franchisees in Maryland are not required to pay any fees until all pre-opening obligations are completed and the business is open. This is a significant benefit for Maryland franchisees, as it reduces the initial financial burden and risk.
Additionally, the addendum modifies sections (c) and (l) of Item 17, adding language related to the general release required as a condition of renewal, pursuant to COMAR 02.02.08.16L. This indicates that Maryland law imposes specific requirements regarding the release of claims upon renewal of the franchise agreement, which Camp Margaritaville must adhere to. Prospective franchisees in Maryland should carefully review this addendum and understand how it alters the standard franchise agreement.