What is the deadline for providing a quarterly projection of Gross Revenue for a Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
You are also required to provide an informal, non-binding estimate of your Gross Revenue within 10 days after the end of each calendar month.
You must also provide a quarterly projection, in a format acceptable to us, within 30 days of the end of each quarter during the term, including an estimate of Gross Revenue, and all other revenue derived from services, FBR Units, and Amenities at the Resort for the remainder of the calendar year.
Source: Item 6 — OTHER FEES (FDD pages 20–34)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, franchisees must provide a quarterly projection of Gross Revenue within 30 days of the end of each quarter. This projection must be in a format that is acceptable to Camp Margaritaville and should include an estimate of Gross Revenue, as well as all other revenue derived from services, FBR Units, and Amenities at the Resort for the remainder of the calendar year.
This requirement means that franchisees need to have systems in place to accurately forecast their revenue streams. This includes not only the overall Gross Revenue but also revenue from specific areas like services, FBR Units (if applicable), and Amenities. The projection covers the remainder of the calendar year, so franchisees must consider seasonal variations and other factors that could impact revenue.
Submitting these projections is a recurring obligation throughout the term of the franchise agreement. Franchisees should ensure they understand what format Camp Margaritaville requires for these projections to avoid any issues with compliance. This allows Camp Margaritaville to monitor the financial performance of its locations and plan for the future.