factual

What is the range for the estimated initial investment for construction, improvements, remodeling, and decorating costs for a Camp Margaritaville resort?

Camp_Margaritaville Franchise · 2025 FDD

Answer from 2025 FDD Document

d in connection with such transitions.

ITEM 7. ESTIMATED INITIAL INVESTMENT

YOUR ESTIMATED INITIAL INVESTMENT

Type of expenditure Amount Method of Payment When due To whom payment is to be made
Application Fee (1) $75,000 Lump sum Upon executing Franchise Agreement Us
PIP fee (2) $0 - $5,000 As agreed When designing Resort Us
Type of expenditure Amount Method of Payment When due To whom payment is to be made
---------------------------------------------------------------------------------------------- ------------------------------ ---------------------- --------------------------------------------------------------------------- ---------------------------------------------------------------------------
TIP fee (3) $0 - $10,000 As agreed When designing Pad Us
Professional services fees (architect, design, market study, engineering, etc.) (4) $100,000 - $800,000 As agreed When designing Resort Us, architects, engineers, designers, and other professionals
Insurance and Permits, licenses, deposits, and related fees (5) $50,000 - $150,000 Lump Sum Before construction begins and before Resort begins operation Government authorities and utility companies
Training expenses, vendor and brand training (6) $25,000 - $100,000 As agreed Before and during training Us and third parties
Construction, improvements, remodeling, and decorating costs (7) $1,000,000- $50,000,000 Installments Before and during construction General contractor, suppliers and us
Technology (8) $750,000- $1,250,000 As agreed Before and during construction Suppliers and us
Website Set-Up $8,750 - $38,750 As agreed Before opening Us
CRS Set-Up (9) $4,000 As agreed Before opening Us
CRM Set-Up (10) $3,000 As agreed Before opening Us
Loyalty Program Set $3,000 As agreed Before opening Suppliers
Up (11)
Furniture, fixtures, other fixed assets, and equipment (FF&E) (12) $500,000- $3,000,000 As agreed Before and during construction Suppliers
Operational Supplies and Equipment (OSE) (13) $250,000 - $500,000 As agreed Before opening Suppliers
Exterior signs $300,000 - $400,000 As agreed As incurred Suppliers
Type of expenditure Amount Method of Payment When due To whom payment is to be made
------------------------------------------------------------------------------------------------------------------- ---------------------------------- ---------------------- ---------------- -------------------------------------
Financial, tax, and legal $600,000 - As agreed As incurred Suppliers
costs (14) $750,000
Preopening Sales and $125,000 - As agreed As incurred Suppliers and us
Marketing (15) $225,000
Photography and $45,000 - As agreed As incurred Suppliers and us
Videography $125,000
Medallia Set-Up (16) $2,500 As agreed Before opening Us
Group Sales Referral $300 As agreed Before opening Suppliers and us
Platform (17)
Financial Reporting $10,000 - As agreed As incurred Suppliers and us
System Set-Up (18) $16,000
Gift Card Program Set $3,000 - As agreed As incurred Suppliers
Up (19) $10,000
Day Pass Reservation $300 As agreed As incurred Suppliers and us
System Set-Up
Contingency (20) $350,000 - $500,000 As agreed As incurred See Explanatory Note
Additional Funds – 3 Months (21) $300,000 - $500,000 As needed As incurred Se

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 34–40)

What This Means (2025 FDD)

According to Camp Margaritaville's 2025 Franchise Disclosure Document, the estimated initial investment for construction, improvements, remodeling, and decorating costs ranges from $1,000,000 to $50,000,000. This significant range reflects the variability in project scope and site conditions. These costs are paid in installments before and during construction to the general contractor, suppliers, and potentially to Camp Margaritaville itself.

Several factors contribute to the wide range in construction costs. These include the size and nature of the land, the type of construction and materials used, union involvement, regional cost variations, and competitive conditions. The cost will also vary depending on whether the resort is new construction, a remodel of an existing RV resort property, or an adaptive reuse of another type of structure. Remodels and adaptive reuses are generally on the lower end of the scale.

Camp Margaritaville notes that a newly constructed 150-pad resort from their prototype would cost between $11,250,000 to $33,750,000, which translates to $75,000 to $225,000 per key, excluding land costs. This estimate includes FBR Units, meeting and banquet facilities, public areas, site lighting, swimming pool, exercise room, landscaping, and exterior signs. Camp Margaritaville must approve the final plans, design, and specifications for the resort, and construction must adhere to their System Standards.

Prospective franchisees should carefully consider these factors and obtain detailed cost estimates specific to their planned location and resort design. Given the substantial investment required, it is crucial to develop a comprehensive business plan and financial projections with the assistance of an experienced accountant or financial advisor familiar with the lodging industry.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.