Start-Up Costs and Fees |
||
| Howard Johnson | COMPASS by Margaritaville | |
| Investment | 336552 - 9898595 | 9010000 - 31395000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1925 | 2020 |
| Year Franchised | 1954 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Howard Johnson | COMPASS by Margaritaville | |
| Experience | ||
Financing Options |
||
| Howard Johnson | COMPASS by Margaritaville | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Howard Johnson | COMPASS by Margaritaville | |
| 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 |
||
| Howard Johnson | 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
| Franchise Fee | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
| Royalty Fee | |
| Howard Johnson | 4.50% |
| COMPASS by Margaritaville | |
| Advertising Fee | |
| Howard Johnson | 4% |
| COMPASS by Margaritaville | |
| Year Founded | |
| Howard Johnson | 1925 |
| COMPASS by Margaritaville | 2020 |
| Year Franchised | |
| Howard Johnson | 1954 |
| COMPASS by Margaritaville | 2020 |
| Term Of Agreement | |
| Howard Johnson | 15-20 years |
| COMPASS by Margaritaville | |
| Renewal Fee | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
Business Experience Requirements |
|
| Experience | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
Financing Options |
|
| Franchise Fees | |
| Howard Johnson | No |
| COMPASS by Margaritaville | No |
| Start-up Costs | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
| Equipment | |
| Howard Johnson} | |
| COMPASS by Margaritaville | |
| Inventory | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
| Receivables | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
| Payroll | |
| Howard Johnson | |
| COMPASS by Margaritaville | |
Training & Support |
|
| Training | |
| Howard Johnson | Regional workshops |
| COMPASS by Margaritaville | |
| Support | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| COMPASS by Margaritaville | |
| Marketing | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| COMPASS by Margaritaville | |
| Operations | |
| 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. |
| COMPASS by Margaritaville | |
Expansion Plans |
|
| US Expansion | |
| Howard Johnson | |
| 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 | |
| Howard Johnson | 0 |
| COMPASS by Margaritaville | |
| International Expansion | |
| Howard Johnson | |
| COMPASS by Margaritaville | |