Start-Up Costs and Fees |
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| COMPASS by Margaritaville | Red Carpet Inn | |
| Investment | 9010000 - 31395000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 3% | |
| Advertising Fee | 2.50% | |
| Year Founded | 2020 | 1982 |
| Year Franchised | 2020 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| COMPASS by Margaritaville | Red Carpet Inn | |
| Experience | ||
Financing Options |
||
| COMPASS by Margaritaville | Red Carpet Inn | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| COMPASS by Margaritaville | Red Carpet Inn | |
| Training | ||
| Support | ||
| Marketing | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider | |
| Operations | ||
Expansion Plans |
||
| COMPASS by Margaritaville | Red Carpet Inn | |
| 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 | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Franchise Fee | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Royalty Fee | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | 3% |
| Advertising Fee | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | 2.50% |
| Year Founded | |
| COMPASS by Margaritaville | 2020 |
| Red Carpet Inn | 1982 |
| Year Franchised | |
| COMPASS by Margaritaville | 2020 |
| Red Carpet Inn | 1982 |
| Term Of Agreement | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Renewal Fee | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
Business Experience Requirements |
|
| Experience | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
Financing Options |
|
| Franchise Fees | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Start-up Costs | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Equipment | |
| COMPASS by Margaritaville} | |
| Red Carpet Inn | |
| Inventory | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Receivables | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Payroll | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
Training & Support |
|
| Training | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Support | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| Marketing | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider |
| Operations | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
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 |
| Red Carpet Inn | |
| Canada Expansion | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |
| International Expansion | |
| COMPASS by Margaritaville | |
| Red Carpet Inn | |