What was the fair value of the 1,835 shares outstanding as of December 31, 2022, for Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
ppreciation in the Company that accrue above a Hurdle Amount upon a Company Transaction. A Company Transaction is defined in the MEIPs as the sale of the Company, a liquidity event, a qualified initial public offering, or the dissolution of the Company. In 2023, the Company made the decision to withdraw a portion of the proceeds from the delayed draw te
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, as of December 31, 2022, the fair value of the 1,835 shares outstanding was $17,061,658. Additionally, the fair value of the 538 shares was $2,666,239, and the fair value of the 183 vested shares was $1,706,166.
For a prospective Camp Margaritaville franchisee, this indicates the overall valuation of outstanding shares in the company. It provides a snapshot of the company's equity structure and the financial value attributed to those shares at a specific point in time. This information can be useful for understanding the financial health and equity distribution within the Camp Margaritaville organization.
It's important to note that these figures represent the fair value at a specific date and can fluctuate over time based on various market and company-specific factors. The FDD also mentions shares granted, vested, and modifications impacting fair value, which suggests ongoing changes in the equity structure. Understanding these changes and their impact on valuation is crucial for assessing the long-term financial implications for franchisees.