Start-Up Costs and Fees |
||
| AFM Hospitality Corporation | COMPASS by Margaritaville | |
| Investment | 2000000 - 20000000 | 9010000 - 31395000 |
| Franchise Fee | ||
| Royalty Fee | 3% | |
| Advertising Fee | 4% | |
| Year Founded | 1991 | 2020 |
| Year Franchised | 1992 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| AFM Hospitality Corporation | COMPASS by Margaritaville | |
| Experience | ||
Financing Options |
||
| AFM Hospitality Corporation | COMPASS by Margaritaville | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| AFM Hospitality Corporation | COMPASS by Margaritaville | |
| Training | On-Site 3-5 Days | |
| Support | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| AFM Hospitality Corporation | COMPASS by Margaritaville | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Franchise Fee | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Royalty Fee | |
| AFM Hospitality Corporation | 3% |
| COMPASS by Margaritaville | |
| Advertising Fee | |
| AFM Hospitality Corporation | 4% |
| COMPASS by Margaritaville | |
| Year Founded | |
| AFM Hospitality Corporation | 1991 |
| COMPASS by Margaritaville | 2020 |
| Year Franchised | |
| AFM Hospitality Corporation | 1992 |
| COMPASS by Margaritaville | 2020 |
| Term Of Agreement | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| COMPASS by Margaritaville | |
| Renewal Fee | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
Business Experience Requirements |
|
| Experience | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
Financing Options |
|
| Franchise Fees | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Start-up Costs | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Equipment | |
| AFM Hospitality Corporation} | |
| COMPASS by Margaritaville | |
| Inventory | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Receivables | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Payroll | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
Training & Support |
|
| Training | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| COMPASS by Margaritaville | |
| Support | |
| AFM Hospitality Corporation | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: |
| COMPASS by Margaritaville | |
| Marketing | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| Operations | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
Expansion Plans |
|
| US Expansion | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |
| International Expansion | |
| AFM Hospitality Corporation | |
| COMPASS by Margaritaville | |