What is the commission rate for a Camp Margaritaville franchise on contracted banquet/catering business with no group rooms?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
866,666 | 916,667 | – 916,667 | | | Total assets | $ 45,203,629 $ 1,156,911 | $ 46,360,540 $ 36,534,967 | $ 3,556,871 | $ 40,091,838 | |
SCHEDULE 1
Statement of Work No. 1
| This Statement of Work ("SOW"), adopts and incorporates by reference the terms and conditions of the |
|---|
| Hospitality Group Lead Referral Services Agreement ("Master Agreement"), which was entered into on |
| , 20 |
| between Margaritaville Enterprises, LLC |
| and [] |
| (the |
| "Parties," |
| and |
| each, |
| a |
| "Party"), |
| as |
| it |
| may |
| be amended |
| from |
| time |
| to |
| time. |
| This |
| SOW |
| is |
| effective |
| beginning |
| on |
| , |
| 20 |
| and |
| will |
| remain |
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the franchise participates in an enterprise group lead referral program to cross-sell between Margaritaville branded hospitality locations. The franchise will use a third-party platform, ShareIt Online by I-Sites, which will be white-labeled by Margaritaville.
The franchise is required to pay a one-time property set-up fee of $300 upon signature to participate in this program. Additionally, the franchise must pay commissions on consumed group business. These commissions are due on the 15th of each month, based on the previous month's actualized revenue.
The FDD excerpt does not specify the commission rate for contracted banquet/catering business without group rooms. A prospective franchisee should inquire with the franchisor about the specific commission rates for different types of group business, including banquet/catering services without associated group room bookings, to fully understand the potential costs and revenue associated with this program. This information is crucial for accurate financial planning and assessing the profitability of group business opportunities.