COMPASS by Margaritaville vs Hospitality Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of COMPASS by Margaritaville vs Hospitality including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  COMPASS by Margaritaville Hospitality
Investment 9010000 - 31395000 133600 - 2602000
Franchise Fee 0
Royalty Fee $35/rm/night
Advertising Fee
Year Founded 2020 1971
Year Franchised 2020 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  COMPASS by Margaritaville Hospitality
Experience

Financing Options
  COMPASS by Margaritaville Hospitality
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  COMPASS by Margaritaville Hospitality
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing
Operations 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  COMPASS by Margaritaville Hospitality
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 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
COMPASS by Margaritaville
Hospitality
Franchise Fee
COMPASS by Margaritaville
Hospitality
Royalty Fee
COMPASS by Margaritaville
Hospitality $35/rm/night
Advertising Fee
COMPASS by Margaritaville
Hospitality
Year Founded
COMPASS by Margaritaville 2020
Hospitality 1971
Year Franchised
COMPASS by Margaritaville 2020
Hospitality 1982
Term Of Agreement
COMPASS by Margaritaville
Hospitality 5 years
Renewal Fee
COMPASS by Margaritaville
Hospitality


Business Experience Requirements
Experience
COMPASS by Margaritaville
Hospitality

Financing Options
 
Franchise Fees
COMPASS by Margaritaville
Hospitality
Start-up Costs
COMPASS by Margaritaville
Hospitality
Equipment
COMPASS by Margaritaville}
Hospitality
Inventory
COMPASS by Margaritaville
Hospitality
Receivables
COMPASS by Margaritaville
Hospitality
Payroll
COMPASS by Margaritaville
Hospitality

Training & Support
Training
COMPASS by Margaritaville
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support
COMPASS by Margaritaville
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
COMPASS by Margaritaville
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
Operations
COMPASS by Margaritaville
Hospitality 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

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
Hospitality 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
COMPASS by Margaritaville
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion
COMPASS by Margaritaville
Hospitality