What is the name of the report that Camp Margaritaville franchisees must implement that the franchisor provides?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Section 4.21 Operational Information. Beginning on the Opening Date, within 10 days after the end of each calendar month of the Term, Franchisee shall report to Franchisor all Operational Information for the immediately preceding month, year to date, and/or year (as applicable). To help facilitate such reporting, Franchisee shall participate in a financial reporting system required by Franchisor ("Reporting System") pursuant to terms negotiated by Franchisor for Camp Margaritaville Resorts. Franchisee shall pay a onetime set-up fee (to include amounts due to both the Reporting System provider and Franchisor's installation consultant), as well as annual fees that include a fixed fee and a fee per user of the Reporting System. Such fees may be increased from time-to-time by the provider of the Reporting System. Operational Information shall be transmitted to Franchisor through the Reporting System and/or delivered directly to Franchisor, at Franchisor's option.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, franchisees must participate in a financial reporting system required by the franchisor, referred to as the "Reporting System." This system is used to report Operational Information to Camp Margaritaville. Franchisees are required to report this information within 10 days after the end of each calendar month, covering the immediately preceding month, year-to-date figures, and the full year, as applicable.
To facilitate this reporting, Camp Margaritaville franchisees must use the Reporting System, the specific terms of which are negotiated by the franchisor. Franchisees will incur a one-time set-up fee to cover costs for both the Reporting System provider and Camp Margaritaville's installation consultant. Additionally, franchisees will be responsible for annual fees, which include a fixed fee and a per-user fee. It is important to note that these fees are subject to change by the Reporting System provider.
The Operational Information is transmitted to Camp Margaritaville through the Reporting System or delivered directly to the franchisor, depending on the franchisor's preference. This detailed financial reporting ensures that Camp Margaritaville has access to consistent and timely data regarding the performance of each franchised location, allowing for better oversight and support.