Franzia Margarita 5L is a ready-to-drink white wine cocktail, offering a zesty blend of lemon-lime flavors with a hint of salt and a 9.0% ABV. Priced between $16.66 and $24.99, this 5-liter box provides roughly 34 (5 oz) servings, equivalent to six standard 750ml bottles, making it ideal for parties and casual occasions.