What is the name of the company that facilitates the settlement services for Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Section 4.11 Gift Card Program. Franchisee must participate in the program for the sale and processing of gift cards at participating locations (the "Gift Card Program") that Franchisor has established. Concurrent with signing this Franchise Agreement, Franchisee must enter into a franchisee participation agreement with Givex, the third-party provider of transaction processing and settlement
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to the 2025 Camp Margaritaville Franchise Disclosure Document, franchisees must participate in a gift card program established by the franchisor. As part of this program, franchisees are required to enter into a participation agreement with Givex. Givex is identified as the third-party provider responsible for transaction processing and settlement services related to the gift card program.
This means that if you become a Camp Margaritaville franchisee, you will be required to use Givex for processing gift card transactions. You will need to sign a separate agreement with Givex to participate in the gift card program.
It is important for prospective franchisees to understand the terms of the franchisee participation agreement with Givex, including any fees, responsibilities, and liabilities associated with the gift card program. Franchisees should also inquire about the integration of Givex with other technology systems used at the Camp Margaritaville location, such as the point of sale (POS) system.