What is deducted from the early termination fee calculation for Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
In the event these Terms of Use is terminated prior to the expiration of any Term for any reason other than due to a material breach of these Terms of Use by Margaritaville, Customer agrees to pay a termination fee equal to the average of the monthly payments due under these Terms of Use multiplied by the number of months remaining in the Term (less any Non-Implementation Fee paid)
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville FDD, if the Customer terminates the Terms of Use early, the customer will be required to pay a termination fee. This fee is calculated as the average of the monthly payments due under the Terms of Use, multiplied by the number of months remaining in the term. From this total, any Non-Implementation Fee that was previously paid will be deducted.
This means that a Camp Margaritaville franchisee who terminates early will have their termination fee reduced by the amount of any Non-Implementation Fee they already paid. This could potentially lower the overall cost of terminating the agreement early.
It is important to note that this early termination fee applies if the Terms of Use are terminated early by the Customer or by Camp Margaritaville due to the Customer's material breach. If the termination is due to a material breach by Camp Margaritaville, the early termination fee does not apply.