Under what conditions will Camp Margaritaville refund the Extension Fee?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
You must start and complete construction and open the Resort according to the timetables referenced in Sections 2.06 and 2.08 of the Franchise Agreement. You may request one or more extensions of time by giving us written notice and paying an Extension Fee. We will inform you of the length of the extension if and when we grant it. We will refund the Extension Fee only if we deny the extension. If we grant the extension, then the Extension Fee will not be refundable.
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS, AND TRAINING (FDD pages 46–55)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, a franchisee may request an extension to the construction and opening deadlines outlined in the Franchise Agreement. To do so, the franchisee must provide written notice and pay an Extension Fee to Camp Margaritaville.
The Extension Fee is only refundable if Camp Margaritaville denies the extension request. If Camp Margaritaville grants the extension, the Extension Fee is non-refundable. This means that franchisees should carefully consider their ability to meet the original deadlines before signing the Franchise Agreement, as requesting an extension and paying the associated fee does not guarantee that the extension will be granted.
This policy is fairly standard in the franchise industry, as extension fees are often used to compensate the franchisor for the additional administrative work and potential delays caused by the franchisee's inability to meet the original opening schedule. Prospective Camp Margaritaville franchisees should factor the potential cost of extension fees into their overall budget and timeline for opening their resort.