Start-Up Costs and Fees |
||
| COMPASS by Margaritaville | America's Best Inns & Suites | |
| Investment | 9010000 - 31395000 | 109250 - 5836500 |
| Franchise Fee | ||
| Royalty Fee | 17.50 -$22.50/room/mo. | |
| Advertising Fee | ||
| Year Founded | 2020 | 1970 |
| Year Franchised | 2020 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| COMPASS by Margaritaville | America's Best Inns & Suites | |
| Experience | ||
Financing Options |
||
| COMPASS by Margaritaville | America's Best Inns & Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| COMPASS by Margaritaville | America's Best Inns & Suites | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| COMPASS by Margaritaville | America's Best Inns & Suites | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Franchise Fee | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Royalty Fee | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | 17.50 -$22.50/room/mo. |
| Advertising Fee | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Year Founded | |
| COMPASS by Margaritaville | 2020 |
| America's Best Inns & Suites | 1970 |
| Year Franchised | |
| COMPASS by Margaritaville | 2020 |
| America's Best Inns & Suites | 1982 |
| Term Of Agreement | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Renewal Fee | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | 50% of then-current fran. fee |
Business Experience Requirements |
|
| Experience | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
Financing Options |
|
| Franchise Fees | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Start-up Costs | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Equipment | |
| COMPASS by Margaritaville} | |
| America's Best Inns & Suites | |
| Inventory | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Receivables | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Payroll | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
Training & Support |
|
| Training | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |
| Support | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| America's Best Inns & Suites | |
| Canada Expansion | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | 0 |
| International Expansion | |
| COMPASS by Margaritaville | |
| America's Best Inns & Suites | |