Does Camp Margaritaville provide consolidated audited balance sheets as of December 31, 2024?

According to Camp Margaritaville's 2025 Franchise Disclosure Document, Margaritaville Holdings LLC, the parent company and guarantor, includes consolidated audited balance sheets in its financial statements. Specifically, the financial statements in Exhibit G contain consolidated audited balance sheets as of December 31, 2024, December 31, 2023, and December 31, 2022. These statements are accompanied by related consolidated statements of operations, changes in member equity, and cash flows for the years ending on those dates.

This inclusion of audited financial statements is a standard practice in franchising, providing potential franchisees with a detailed look into the financial health and stability of the parent company. The audit ensures that the balance sheets have been reviewed by an independent auditor, adding credibility to the financial information presented.

In addition to the audited balance sheets, Camp Margaritaville's FDD also includes an unaudited balance sheet and statement of operations for the period ending March 31, 2025. While unaudited statements offer more current data, they have not undergone the same rigorous verification process as the audited statements. Prospective franchisees should carefully review both the audited and unaudited financial statements to gain a comprehensive understanding of the company's financial performance.