CAMP MARGARITAVILLE

Item 6 lays out the costs clearly: a $75,000 franchise fee gets you in, followed by 5% royalties on gross sales, 1.5% brand/ad fund contribution (capped at 3%), and hefty monthly tech fees of $6,600 to $11,600 covering CRM, PMS, loyalty programs, website, and more. No total investment range is spotlighted in the provided disclosures, but expect significant capital for land acquisition, premium amenities, and add-ons like branded restaurants or lodges via riders. Launched in 2021 from Orlando by Margaritaville Enterprises, the system sits at just 5 locations with zero growth from 2023 to 2024 per Item 20, signaling a cautious ramp-up in the competitive RV resort space rather than explosive scaling.

Without Item 19, you're left piecing together viability from flat unit counts and fee structures—no average revenues or profits to benchmark against peers. This opacity matters in hospitality, where occupancy swings and seasonal dips can strain fixed costs like those tech fees, potentially eroding margins before amenities pay off. Prospective buyers should probe Item 21 audited financials for parent company health, pipeline of committed developments, and rider economics to gauge if Margaritaville's brand pull can fuel location six and beyond in drive-to hotspots.