As of what date were the consolidated balance sheets prepared for Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
THESE FINANCIAL STATEMENTS ARE PREPARED WITHOUT AN AUDIT. PROSPECTIVE FRANCHISEES OR SELLERS OF FRANCHISES SHOULD BE ADVISED THAT NO CERTIFIED PUBLIC ACCOUNTANT HAD AUDITED THESE FIGURES OR EXPRESSED HIS/HER OPINION WITH REGARD TO THE CONTENT OR FORM.
Margaritaville Holdings LLC
Consolidated Balance Sheets For the three months ended March 2025
Report of Independent Auditors
The Partners Margaritaville Holdings LLC
Opinion
We have audited the consolidated financial statements of Margaritaville Holdings LLC and its subsidiaries (collectively, the Company), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of operations, changes in partners' deficit, and cash flows for the years then ended, and the related notes to the consolidated financial statements (collectively referred to as the financial statements).
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the consolidated balance sheets for Margaritaville Holdings LLC, which is the guarantor of the franchise, were prepared as of two dates. The first set of consolidated balance sheets are for the three months ended in March 2025.
Additionally, the FDD includes a report from independent auditors that covers consolidated balance sheets as of December 31, 2024 and December 31, 2023. This report also includes the consolidated statements of operations, changes in partners' deficit, and cash flows for the years then ended.
Prospective franchisees should review these financial statements and the accompanying notes carefully to understand Camp Margaritaville's financial performance and position. It is important to note that the financial statements for the three months ended March 2025 were prepared without an audit, as indicated in the FDD.