What is the Camp Margaritaville franchisee required to do with the site lease to be eligible for renewal?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
- (e) Franchisee is still the owner of the Site or to the extent the Site is subject to a lease has secured the right to continue operating at the Site for the Renewal Term and provided to Franchisor a copy of any related leasehold documents;
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville Franchise Disclosure Document, if the franchisee's site is subject to a lease, they must secure the right to continue operating at the site for the renewal term. To demonstrate this, the franchisee must provide Camp Margaritaville with a copy of any related leasehold documents. This ensures that the franchisee has a secure location for the duration of the renewal term.
This requirement protects Camp Margaritaville by ensuring that franchisees will continue to operate in an approved location. It also protects the franchisee by ensuring they have the legal right to operate at the location for the duration of the renewal term.
Meeting this requirement is one of several conditions a franchisee must satisfy to be eligible for renewal. Other conditions include meeting Camp Margaritaville's standards for new franchisees, remodeling the resort if required, attending mandatory meetings, signing the current franchise agreement, and paying a renewal fee of $50,000.