How is the Financial Reporting System fee for Camp Margaritaville subject to change?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
rcumstances | As incurred | You must indemnify us for certain losses and expenses under the Dwellings Rider. Applies only if we |
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| provide our approval for Dwellings and if you sign a Dwellings Rider. | |||
| Lodge Royalty (13) | 5% of Gross Revenue | Within 30 days following the end of each calendar month. | All sales from the Lodge shall be included in the calculation of Gross Revenue as provided in the Agreement. Applies only if we provide our approved for a Lodge and if you sign a Lodge Rider. |
| FBR Royalty (FBR Rider) | 5% of Gross Revenue | Within 30 days following the end of each calendar month. | All sales from an FBR Unit (including all Merchandise sales) shall be included in the calculation of Gross Revenue as provided in the Agreement. Applies only if we provide our approval for FBR Unit and if you sign an FBR Rider. |
| Amenities Royalty (Amenities Rider) | 5% of Gross Revenue | Within 30 days following the end of each calendar month. | All sales and money gained from any services provided from the Amenities shall be included in the calculation of Gross Revenue as provided in the Agreement. Applies only if we provide our approval for Amenities and if you sign an Amenities Rider. |
| Financial Reporting System | $4,500 fixed fee, plus $2,000 per user in Year 1, $600 per user thereafter | Annually | These fees shall be updated from time-to time based on increases in the underlying charges that we pay for the financial reporting system. |
| Type of Fee | Amount | Due Date | Remarks |
| ---------------------------------------------------------------------------- | --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- | ---------------------------------------------------------------- | -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| Gift Car |
Source: Item 6 — OTHER FEES (FDD pages 20–34)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the Financial Reporting System fee is subject to change. The initial fee consists of a $4,500 fixed fee, plus $2,000 per user in the first year, and $600 per user in subsequent years.
The FDD specifies that these fees will be updated periodically. The updates are based on increases in the underlying charges that Camp Margaritaville pays for the financial reporting system.
This means that as a franchisee, you can expect the Financial Reporting System fee to potentially increase over time if Camp Margaritaville's costs for providing the system increase. It is important to factor in potential increases to this fee when projecting operating costs for the Camp Margaritaville franchise.