Does Camp Margaritaville provide consolidated audited balance sheets as of December 31, 2022?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
Exhibit G contains the financial statements of Margaritaville Holdings LLC, our parent company and guarantor of our obligations under the Franchise Agreement, which include:
- (i) Consolidated audited balance sheets as of December 31, 2024, December 31, 2023 and December 31, 2022, and the related consolidated statements of operations, changes in member equity, and cash flows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022; and
- (ii) Unaudited balance sheet and statement of operations for the period ending March 31, 2025.
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 71)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, Margaritaville Holdings LLC, the parent company and guarantor, includes consolidated audited balance sheets as of December 31, 2022, as part of its financial statements. These statements are included as Exhibit G.
The financial statements provided also include consolidated audited balance sheets as of December 31, 2024, and December 31, 2023, along with related consolidated statements of operations, changes in member equity, and cash flows for the years ended December 31, 2024, December 31, 2023, and December 31, 2022. Additionally, the document includes an unaudited balance sheet and statement of operations for the period ending March 31, 2025.
Prospective franchisees can review these audited financial statements to assess the financial health and stability of Margaritaville Holdings LLC, which guarantees Camp Margaritaville's obligations. This information is crucial for understanding the financial backing and potential risks associated with investing in a Camp Margaritaville franchise.