Start-Up Costs and Fees |
||
| Margaritaville Hotels & Resorts | Hawthorn Suites | |
| Investment | 10175000 - 115680000 | 225693 - 12785326 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2.50% | |
| Year Founded | 1985 | 1986 |
| Year Franchised | 2019 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Margaritaville Hotels & Resorts | Hawthorn Suites | |
| Experience | ||
Financing Options |
||
| Margaritaville Hotels & Resorts | Hawthorn Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Margaritaville Hotels & Resorts | Hawthorn Suites | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| 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 | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Margaritaville Hotels & Resorts | Hawthorn 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Franchise Fee | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Royalty Fee | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | 5.50% |
| Advertising Fee | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | 2.50% |
| Year Founded | |
| Margaritaville Hotels & Resorts | 1985 |
| Hawthorn Suites | 1986 |
| Year Franchised | |
| Margaritaville Hotels & Resorts | 2019 |
| Hawthorn Suites | 1986 |
| Term Of Agreement | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | 20 years |
| Renewal Fee | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
Financing Options |
|
| Franchise Fees | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Start-up Costs | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Equipment | |
| Margaritaville Hotels & Resorts} | |
| Hawthorn Suites | |
| Inventory | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Receivables | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| Payroll | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
Training & Support |
|
| Training | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Support | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Operations | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Margaritaville Hotels & Resorts | 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 |
| Hawthorn Suites | |
| Canada Expansion | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |
| International Expansion | |
| Margaritaville Hotels & Resorts | |
| Hawthorn Suites | |