What was the amount of deferred revenue for Camp Margaritaville as of December 31, 2022?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Minimum payments of licensing fees collected in advance of the earnings process being complete are recorded as deferred revenue.
Amounts received in advance of the period earned are recorded as a liability under deferred revenue on the accompanying consolidated balance sheets.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, the document mentions that minimum payments of licensing fees collected in advance of the earnings process being complete are recorded as deferred revenue. Amounts received in advance of the period earned are recorded as a liability under deferred revenue on the accompanying consolidated balance sheets. However, the specific amount of deferred revenue for Camp Margaritaville as of December 31, 2022, is not disclosed in the provided excerpts.
Without this specific figure, prospective franchisees cannot assess the financial stability and revenue recognition practices of Camp Margaritaville. Deferred revenue can be a key indicator of future revenue streams, and understanding its magnitude is important for evaluating the franchise's financial health.
To gain clarity, a prospective franchisee should directly ask Camp Margaritaville's franchisor for the deferred revenue amount as of December 31, 2022. Additionally, they should inquire about the specific accounting policies related to revenue recognition and the typical timeframe for recognizing deferred revenue as earned revenue.