What was the amount of capital expenditures for Camp Margaritaville in the year ended December 31, 2024?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31 2023 2024 | ||||
|---|---|---|---|---|
| Investing activities | ||||
| Notes receivable | 318,468 | 176,866 | ||
| Capital expenditures | (3,599,240) | (1,276,145) | ||
| Receivables from employees | (79,318) | (52,897) | ||
| Proceeds from Keymen Life Insurance | – | 20,088,815 | ||
| Net cash (used in) provided by investing activities | (3,360,090) | 18,936,639 |
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, capital expenditures for the year ending December 31, 2024, were reported as $1,276,145. This figure reflects the investments made by Margaritaville Holdings LLC in its assets during that fiscal year.
Capital expenditures are funds used by a company to acquire or upgrade physical assets such as property, buildings, or equipment. For a prospective Camp Margaritaville franchisee, understanding these expenditures at the corporate level can provide insight into the types of investments the company is making to grow and improve its business. It's important to note that these are the capital expenditures for Margaritaville Holdings LLC itself, not the initial investment a new franchisee would need to make to open a Camp Margaritaville location.
Franchisees should consider these figures in the context of their own potential investments and operational costs. While this number does not directly represent the costs a franchisee will incur, it can be useful for understanding the financial health and investment strategies of the Camp Margaritaville brand. Prospective franchisees should inquire about the specific capital expenditure requirements for their individual franchise location and how those costs align with the overall financial strategy of the company.