factual

What exhibit contains the financial statements of Margaritaville Holdings LLC, the parent company and guarantor for Camp Margaritaville?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

Exhibit G contains the financial statements of Margaritaville Holdings LLC, our parent company and guarantor of our obligations under the Franchise Agreement, which include:

  • (i) Consolidated audited balance sheets as of December 31, 2024, December 31, 2023 and December 31, 2022, and the related consolidated statements of operations, changes in member equity, and cash flows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022; and
  • (ii) Unaudited balance sheet and statement of operations for the period ending March 31, 2025.

Source: Item 21 — FINANCIAL STATEMENTS (FDD page 71)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, the financial statements of Margaritaville Holdings LLC, the parent company and guarantor for Camp Margaritaville's obligations under the Franchise Agreement, are found in Exhibit G. These financial statements include consolidated audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022, along with related consolidated statements of operations, changes in member equity, and cash flows for the years ending on those dates. Additionally, Exhibit G contains an unaudited balance sheet and statement of operations for the period ending March 31, 2025.

As the parent company and guarantor, Margaritaville Holdings LLC's financial health is crucial for prospective Camp Margaritaville franchisees. The audited financial statements provide a detailed look at the company's financial performance over the past three years, while the unaudited statement offers a more recent snapshot. Franchisees should carefully review these statements to assess the financial stability and overall risk associated with investing in a Camp Margaritaville franchise.

It is important to note that the March 31, 2025, financial statement is unaudited. While it provides more current information, it has not been subjected to the same level of scrutiny as the audited statements. Prospective franchisees should consider this when evaluating the financial information and may want to ask Camp Margaritaville for more recent audited statements if available. Reviewing these financial statements is a standard practice in franchise due diligence, allowing potential franchisees to make informed decisions based on the franchisor's financial strength and stability.

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.