What expenses are included in the 'Additional Funds 3 Months' estimate for a Camp Margaritaville franchise?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
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- Additional Funds 3 Months. This item estimates your initial start-up expenses for a period of 3 months after opening (other than the items identified separately in the table) and is based on general experience in the Resort industry and consulting with hospitality experts. These expenses include payroll costs for the Resort's personnel prior to opening, funds for marketing and advertising to launch the Resort, project management costs, general and administrative expense, food and beverage inventory, and cleaning supplies. These figures are estimates, and we cannot guarantee that you will not have additional expenses starting the business.
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 'Additional Funds 3 Months' estimate covers initial start-up expenses for the first three months after opening, excluding items listed separately in the initial investment table. This estimate is based on experience in the resort industry and consultations with hospitality experts. These additional funds are estimated to be between $300,000 and $500,000.
The expenses included within this estimate are payroll costs for the resort's personnel before opening, funds allocated for marketing and advertising to launch the resort, project management costs, general and administrative expenses, food and beverage inventory, and cleaning supplies. These funds are paid as needed and incurred.
Camp Margaritaville notes that these figures are estimates, and there is no guarantee that franchisees will not incur additional expenses when starting the business. It is important for prospective franchisees to carefully consider these potential costs and plan accordingly, as these are only estimates and the actual costs may vary.