What was the total revenue for Camp Margaritaville in the year ending December 31, 2023?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
| Year Ended December 31 | ||
|---|---|---|
| 2023 | 2022 | |
| Revenues | ||
| Restaurant and retail merchandise sales | $ 6,784,532 | $ 6,487,545 |
| Restaurant royalties | 10,166,895 | 9,033,781 |
| Resort royalties | 29,097,964 | 26,963,473 |
| Residential and timeshare royalties | 35,130,754 | 21,691,627 |
| Consumer products royalties | 4,199,315 | 4,705,602 |
| Other revenue | 7,108,803 | 5,978,600 |
| Total revenues | 92,488,263 | 74,860,628 |
| Operating expenses | ||
| Cost of restaurant and retail merchandise sales | 1,814,546 | 1,740,415 |
| Selling, general, and administrative | 65,463,612 | 47,750,487 |
| Depreciation | 1,433,243 | 1,420,259 |
| Total operating expenses | 68,711,401 | 50,911,161 |
| Income from operations | 23,776,862 | 23,949,467 |
| Other income (expenses) | ||
| Net (loss) gain from investments in unconsolidated entities | ( 2,000,000) | 375,000 |
| Net loss on sale of venues | ( 1,902,027) | ( 3,171,426) |
| Net gain on insurance proceeds | 20,088,815 | – |
| Net loss on extinguishment of debt | – | ( 4,336,839) |
| Interest income | 808,337 | 208,929 |
| Interest expense | ( 9,421,558) | |
| ( 12,330,510) | ||
| Net income before income taxes | 28,441,477 | 7,603,573 |
| Income taxes | 656,806 | 359,741 |
| Net income from continuing operations | $ 27,784,671 | $ 7,243,832 |
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the total revenue for the year ending December 31, 2023, was $92,488,263. This revenue is broken down into several categories, offering insight into the brand's income streams. These categories include restaurant and retail merchandise sales, restaurant royalties, resort royalties, residential and timeshare royalties, consumer products royalties, and other revenue.
Specifically, restaurant and retail merchandise sales contributed $6,784,532, while restaurant royalties amounted to $10,166,895. Resort royalties generated $29,097,964, and residential and timeshare royalties accounted for $35,130,754. Consumer products royalties added $4,199,315, and other revenue sources totaled $7,108,803. These figures provide a detailed overview of how Camp Margaritaville generates its revenue, with a significant portion coming from resort, residential, and timeshare royalties.
Prospective franchisees can use this information to understand the revenue model of Camp Margaritaville and assess the potential for different revenue streams within their own franchise. Understanding the relative contributions of royalties, sales, and other revenue can help franchisees make informed decisions about their business strategy and operational focus. This detailed breakdown allows potential investors to evaluate the stability and diversity of Camp Margaritaville's income sources.