How many Camp Margaritaville outlets were transferred from franchisees to new owners in 2024?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
--| | Franchised | 2022 | 2 | 4 | 2 | | | 2023 | 4 | 5 | 1 | | | 2024 | 5 | 5 | 0 | | Company-Owned | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | | 2024 | 0 | 0 | 0 | | Total Outlets | 2022 2023 2024 | 2 | 4 | 2 | | | | 4 | 5 | 1 | | | | 5 | 5 | 0 | | Table No. 2 – | | | | | | Transfers of Outlets from Franchisees to New Owners (other than Franchisor) | | | | | | for years 2022-2024 | | | | | | State | Year | Number of Transfers | Outlets at the End of the Year | Net Change | | All States | 2022 | 0 | 0 | 0 | | | 2023 | 0 | 0 | 0 | | | 2024 | 1 | 1 | 1 | Note: Franchisees sometimes restructure their organizations and assign franchise agreements from one company to another within the same ownership group. We do not consider these restructuring transactions to be "transfers" because the ultimate ownership and control group does not change. Further this table only refers to outlets that were transferred after opening.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 69–71)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, there was one transfer of an opened Camp Margaritaville outlet from a franchisee to a new owner in 2024. The FDD also notes that one franchisee transferred its franchise agreement for an unopened outlet in 2024.
It is important to note that Camp Margaritaville does not consider internal restructuring transactions, where the ownership and control group remains the same, as transfers. The provided table specifically tracks transfers to new owners outside of the existing franchise structure.
Prospective franchisees should be aware of the conditions under which transfers can occur and any associated fees or requirements. Understanding the reasons behind any transfers can provide valuable insight into the health and stability of the Camp Margaritaville franchise system.