How often will Camp Margaritaville provide an updated schedule of fees for the CRM Services to franchisees?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Customer understands that Margaritaville may increase pricing for all costs set forth herein on a systemwide basis by up to three percent (3%) on an annual basis. Margaritaville shall provide Customer an updated schedule of fees annually.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, franchisees will receive an updated schedule of fees for the CRM Services on an annual basis. The FDD states that Camp Margaritaville may increase the pricing for all costs associated with the CRM Services on a systemwide basis, with a limit of up to three percent (3%) annually.
This annual update allows Camp Margaritaville to adjust pricing to reflect changes in the market or to account for increased operational costs. For a franchisee, this means that the monthly subscription fee for the CRM System is subject to change each year, but with a cap on the increase.
It is important for prospective franchisees to factor in potential annual increases when budgeting for ongoing operational expenses. While the FDD provides some clarity regarding fee adjustments, it is advisable for potential franchisees to discuss the specifics of potential fee increases with Camp Margaritaville to fully understand the financial implications.