What was the consolidated total of cash and cash equivalents for Camp Margaritaville in 2022?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
The Company considers all highly liquid investments purchased with an original maturity of three months or less to be cash equivalents.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
I am unable to provide the consolidated total of cash and cash equivalents for Camp Margaritaville in 2022, as this information is not present within the provided excerpts from the 2025 Franchise Disclosure Document. While the excerpts include consolidated balance sheets and notes to the consolidated financial statements, the specific figures for cash and cash equivalents are not detailed. The excerpts do define 'cash' as highly liquid investments purchased with an original maturity of three months or less.
For a prospective franchisee, understanding the cash position of the franchisor is crucial for assessing financial stability and the ability to support the franchise system. Without this information, it is difficult to evaluate the financial health of Camp Margaritaville.
I recommend that a prospective Camp Margaritaville franchisee ask the franchisor directly for the consolidated balance sheets, specifically requesting the figures for cash and cash equivalents for the relevant years. This information will provide a clearer picture of the company's liquidity and overall financial standing.