Is the Extension Fee refundable if Camp Margaritaville grants the extension?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
You must start and complete construction and open the Resort according to the timetables referenced in Sections 2.06 and 2.08 of the Franchise Agreement. You may request one or more extensions of time by giving us written notice and paying an Extension Fee. We will inform you of the length of the extension if and when we grant it. We will refund the Extension Fee only if we deny the extension. If we grant the extension, then the Extension Fee will not be refundable.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 46–55)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the Extension Fee is only refundable if Camp Margaritaville denies the extension. If Camp Margaritaville grants an extension for opening the resort, the Extension Fee is non-refundable.
Camp Margaritaville requires franchisees to open their resorts within a specific timeframe: 24 months for new resorts and 12 months for converted resorts. These timeframes begin after the Franchise Agreement is signed. If a franchisee anticipates needing more time, they can request an extension by providing written notice and paying the Extension Fee.
This policy means that franchisees need to carefully plan their development and opening timelines. If delays occur, franchisees will have to pay the Extension Fee to get more time, and they won't get that money back if Camp Margaritaville approves the extension. This could add to the overall cost of opening the franchise, so franchisees should factor in potential delays and the cost of extensions when making their financial projections.