Start-Up Costs and Fees |
||
| COMPASS by Margaritaville | Howard Johnson | |
| Investment | 9010000 - 31395000 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2020 | 1925 |
| Year Franchised | 2020 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| COMPASS by Margaritaville | Howard Johnson | |
| Experience | ||
Financing Options |
||
| COMPASS by Margaritaville | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| COMPASS by Margaritaville | Howard Johnson | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| COMPASS by Margaritaville | Howard Johnson | |
| 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 | |
| Howard Johnson | |
| Franchise Fee | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
| Royalty Fee | |
| COMPASS by Margaritaville | |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| COMPASS by Margaritaville | |
| Howard Johnson | 4% |
| Year Founded | |
| COMPASS by Margaritaville | 2020 |
| Howard Johnson | 1925 |
| Year Franchised | |
| COMPASS by Margaritaville | 2020 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| COMPASS by Margaritaville | |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
| Start-up Costs | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
| Equipment | |
| COMPASS by Margaritaville} | |
| Howard Johnson | |
| Inventory | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
| Receivables | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
| Payroll | |
| COMPASS by Margaritaville | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| COMPASS by Margaritaville | |
| Howard Johnson | Regional workshops |
| Support | |
| COMPASS by Margaritaville | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| COMPASS by Margaritaville | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| COMPASS by Margaritaville | |
| Howard Johnson | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 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 |
| Howard Johnson | |
| Canada Expansion | |
| COMPASS by Margaritaville | |
| Howard Johnson | 0 |
| International Expansion | |
| COMPASS by Margaritaville | |
| Howard Johnson | |