What is the stated purpose for a Camp Margaritaville customer entering into the agreement described in the recitals?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
-----------------| | MARGARITAVILLE RV RESORTS, LLC, a limited liability company formed pursuant to the laws of | | the State of Delaware ("Franchisor"); | | – | | and – | | [], a [] formed pursuant to the laws of the State of [] ("Franchisee"). |
PRELIMINARY STATEMENT
Franchisee is the owner of, or has the right to occupy, certain real property located at the site identified in Exhibit B ("Site"). Franchisor has the right to grant franchises for the establishment and operation of Camp Margaritaville upscale RV resorts (each, a "Camp Margaritaville Resort" and collectively, the "Camp Margaritaville Resorts"). Franchisee wishes to enter into this Agreement to obtain a franchise to use the Camp Margaritaville System to operate a Camp Margaritaville Resort located at the Site (the "Resort"). The Site must contain concrete pads in a range of sizes and full water and sewer connections to accommodate a variety of recreational vehicles ("RVs") and may also contain a variety of other resort style accommodations, including tents, yurts and cabins. The Site must also contain a shower and restroom facility, laundry facility, wireless internet, cable television, and a camp store. Depending on the Site's unique geographical features, the Resort may contain a Lodge and offer a variety of additional amenities. Amenities may include Food and Beverage Service, sport courts, kids' area, swimming pools, water park, dog parks, hiking and walking trails and seasonal and other amenities that are part of the Camp Margaritaville System. In addition to other terms defined in this Agreement, the initial capitalized terms shall have the meanings set forth in Exhibit A.
**ARTICLE I.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the franchisee wishes to enter into an agreement to obtain a franchise. This allows them to use the Camp Margaritaville System to operate a Camp Margaritaville Resort at a specific site. The agreement enables the franchisee to build, convert, and operate the Resort using Camp Margaritaville Intellectual Property, all in accordance with the terms outlined in the agreement.
This agreement is based on the franchisee owning or having the right to occupy a specific real property, referred to as the "Site." The franchisor, in turn, possesses the right to grant franchises for establishing and operating Camp Margaritaville Resorts. The franchisee's goal is to secure a franchise that grants them the right to use the Camp Margaritaville System to run a resort at their designated site.
The site itself must meet certain requirements, including concrete pads of varying sizes, full water and sewer connections for recreational vehicles (RVs), and potentially other resort-style accommodations like tents, yurts, and cabins. Essential facilities such as showers, restrooms, laundry, wireless internet, cable television, and a camp store are also necessary. Depending on the site's geographical characteristics, a lodge and additional amenities like food and beverage service, sports courts, kids' areas, swimming pools, water parks, dog parks, and hiking trails may be included as part of the Camp Margaritaville System.