What is the range of the Financial Reporting System set-up fee for a Camp Margaritaville franchise?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
ogram on a basis consistent with other Camp Margaritaville Resorts. Currently, the set-up fee for Medallia is $2,500.
Financial Reporting System Set-up Fee
We use the Infor d/EPM system to provide us with our franchisees' financial reports in a consistent manner. You must use this system. We use Professional Accounting Solutions, Inc. ("PAS") to help set up the system for our franchisees. The set-up fee (inc
Source: Item 5 — INITIAL FEES (FDD pages 18–20)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, franchisees are required to use the Infor d/EPM system for financial reporting. The set-up fee for this system ranges from $10,000 to $16,000. This fee covers both the system itself and assistance from Professional Accounting Solutions, Inc. (PAS) to help with the setup. The exact amount depends on the hours of implementation required.
This means a prospective Camp Margaritaville franchisee must budget between $10,000 and $16,000 for the financial reporting system setup. This is a mandatory initial fee, so it's crucial to factor it into the overall cost of starting the franchise. The fee ensures that Camp Margaritaville receives financial reports from all franchisees in a consistent format, which is important for brand-wide financial management and analysis.
Franchisees should inquire about the factors that determine the final set-up fee within this range. Understanding what drives the number of implementation hours needed can help in budgeting and potentially managing these costs. It is also important to understand the ongoing costs associated with the Infor d/EPM system, as this initial fee only covers the setup.