What years are covered by the audited consolidated financial statements of Margaritaville Holdings LLC and its subsidiaries, which include Camp Margaritaville?
Camp_Margaritaville Franchise · 2025 FDDAnswer from 2025 FDD Document
We have audited the consolidated financial statements of Margaritaville Holdings LLC and its subsidiaries (collectively, the Company), which comprise the consolidated balance sheets as of December 31, 2024 and 2023, and the related consolidated statements of operations, changes in partners' deficit, and cash flows for the years then ended, and the related notes to the consolidated financial statements (collectively referred to as the financial statements).
In our opinion, the accompanying financial statements present fairly, in all material respects, the financial position of the Company at December 31, 2024 and 2023, and the results of its operations and its cash flows for the years then ended in accordance with accounting principles generally accepted in the United States of America.
Source: Item 23 — RECEIPTS (FDD pages 72–406)
What This Means (2025 FDD)
According to Camp Margaritaville's 2025 Franchise Disclosure Document, the audited consolidated financial statements of Margaritaville Holdings LLC and its subsidiaries include information for the years ending December 31, 2024 and 2023. These statements include consolidated balance sheets, statements of operations, changes in partners' deficit, and cash flows.
The inclusion of these financial statements provides prospective Camp Margaritaville franchisees with an overview of the company's financial performance over the past two years. This allows potential franchisees to assess the financial stability and overall health of Margaritaville Holdings LLC, which is the parent company and guarantor of the franchise.
It is important for potential franchisees to carefully review these audited financial statements and accompanying notes. Understanding the company's financial position can help franchisees make informed decisions about investing in a Camp Margaritaville franchise. Consulting with a financial advisor is advisable to fully understand the implications of the financial statements.