What was the fair value of the outstanding shares for Camp Margaritaville as of December 31, 2022?
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 outstanding shares was as follows: 538 shares had a fair value of $2,666,239, while 1,835 shares had a fair value of $17,061,658, and 183 vested shares had a fair value of $1,706,166.
These figures represent the company's valuation of its shares at that specific point in time. It's important to note that these values can fluctuate based on various market conditions and the company's performance. For a prospective franchisee, understanding these valuations can provide insight into the financial health and structure of Camp Margaritaville.
It is also important to consider that these financial statements are unaudited, as noted in the FDD. This means that the figures have not been independently verified by a certified public accountant, and prospective franchisees should be aware of this limitation when evaluating the financial information presented.