factual

What is the estimated range for technology costs associated with opening a Camp Margaritaville franchise?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

d in connection with such transitions.

ITEM 7. ESTIMATED INITIAL INVESTMENT

YOUR ESTIMATED INITIAL INVESTMENT

Type of expenditure Amount Method of Payment When due To whom payment is to be made
Application Fee (1) $75,000 Lump sum Upon executing Franchise Agreement Us
PIP fee (2) $0 - $5,000 As agreed When designing Resort Us
Type of expenditure Amount Method of Payment When due To whom payment is to be made
---------------------------------------------------------------------------------------------- ------------------------------ ---------------------- --------------------------------------------------------------------------- ---------------------------------------------------------------------------
TIP fee (3) $0 - $10,000 As agreed When designing Pad Us
Professional services fees (architect, design, market study, engineering, etc.) (4) $100,000 - $800,000 As agreed When designing Resort Us, architects, engineers, designers, and other professionals
Insurance and Permits, licenses, deposits, and related fees (5) $50,000 - $150,000 Lump Sum Before construction begins and before Resort begins operation Government authorities and utility companies
Training expenses, vendor and brand training (6) $25,000 - $100,000 As agreed Before and during training Us and third parties
Construction, improvements, remodeling, and decorating costs (7) $1,000,000- $50,000,000 Installments Before and during construction General contractor, suppliers and us
Technology (8) $750,000- $1,250,000 As agreed Before and during construction Suppliers and us
Website Set-Up $8,750 - $38,750 As agreed Before opening Us
CRS Set-Up (9) $4,000 As agreed Before opening Us
CRM Set-Up (10) $3,000 As agreed Before opening Us
Loyalty Program Set $3,000 As agreed Before opening Suppliers
Up (11)
Furniture, fixtures, other fixed assets, and equipment (FF&E) (12) $500,000- $3,000,000 As agreed Before and during construction Suppliers
Operational Supplies and Equipment (OSE) (13) $250,000 - $500,000 As agreed Before opening Suppliers
Exterior signs $300,000 - $400,000 As agreed As incurred Suppliers
Type of expenditure Amount Method of Payment When due To whom payment is to be made
------------------------------------------------------------------------------------------------------------------- ---------------------------------- ---------------------- ---------------- -------------------------------------
Financial, tax, and legal $600,000 - As agreed As incurred Suppliers
costs (14) $750,000
Preopening Sales and $125,000 - As agreed As incurred Suppliers and us
Marketing (15) $225,000
Photography and $45,000 - As agreed As incurred Suppliers and us
Videography $125,000
Medallia Set-Up (16) $2,500 As agreed Before opening Us
Group Sales Referral $300 As agreed Before opening Suppliers and us
Platform (17)
Financial Reporting $10,000 - As agreed As incurred Suppliers and us
System Set-Up (18) $16,000
Gift Card Program Set $3,000 - As agreed As incurred Suppliers
Up (19) $10,000
Day Pass Reservation $300 As agreed As incurred Suppliers and us
System Set-Up
Contingency (20) $350,000 - $500,000 As agreed As incurred See Explanatory Note
Additional Funds – 3 Months (21) $300,000 - $500,000 As needed As incurred See Explanatory Notes
TOTAL ESTIMATED INITIAL INVESTMENT (excluding real estate costs and site work (21) premiums) $4,504,850 - $58,467,850

Explanatory Notes:

None of the fees listed in this Item 7 are refundable. The costs in this chart describe the estimated initial investment for a Resort with 150 pads/keys, FBR Units, meeting space, and pool/water park amenities according to our Design Standards and Camp Margaritaville System. The estimates apply to Camp Margaritaville Resorts with and without a Lodge.

  1. Application Fee. We describe the Application Fee in Item 5.
    1. Property Improvement Plan Fee. We describe the PIP Fee in Item 5. This fee will only be due if the Resort is a remodel of an existing RV resort property or an adaptive reuse of another building type.
    1. Technology Improvement Plan Fee. We describe the TIP fee in Item 5. This fee will only be due if the Resort is a remodel of an existing RV resort property or adaptive reuse of another building type with existing technology systems.
    1. Professional Services Fees.

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 34–40)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, the estimated cost for technology ranges from $750,000 to $1,250,000. These costs encompass all informational technology within the Resort, excluding low voltage cabling and TVs in guest units, fitness centers, conference or meeting spaces, restaurants, and public areas, which are accounted for under equipment costs.

The technology expenses cover audio-visual equipment in common areas, High-Speed Internet Access (HSIA), CRS, CMS, PMS, CRM, financial reporting software, a music distribution system, an electronic door lock system, a lighting design and control system, POS System installation fees, and professional services fees for Camp Margaritaville's technology consultants. The FDD specifies that the costs can vary depending on the location and size of the Resort.

Prospective franchisees should note that these technology costs are a significant part of the initial investment. It is important to consider the size and location of the planned Camp Margaritaville location, as these factors directly influence the final technology expenses. Franchisees should also clarify with Camp Margaritaville which specific suppliers are approved for these technology components, as they may be required to purchase from designated suppliers.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.