Start-Up Costs and Fees |
||
| Margaritaville Hotels & Resorts | Ramada Worldwide | |
| Investment | 10175000 - 115680000 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1985 | 1954 |
| Year Franchised | 2019 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Margaritaville Hotels & Resorts | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| Margaritaville Hotels & Resorts | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Margaritaville Hotels & Resorts | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Margaritaville Hotels & Resorts | Ramada Worldwide | |
| 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 | |
| Ramada Worldwide | |
| Franchise Fee | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| Royalty Fee | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | 4% |
| Year Founded | |
| Margaritaville Hotels & Resorts | 1985 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| Margaritaville Hotels & Resorts | 2019 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| Start-up Costs | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| Equipment | |
| Margaritaville Hotels & Resorts} | |
| Ramada Worldwide | |
| Inventory | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| Receivables | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| Payroll | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | Regional workshops |
| Support | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 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 |
| Ramada Worldwide | |
| Canada Expansion | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |
| International Expansion | |
| Margaritaville Hotels & Resorts | |
| Ramada Worldwide | |