Start-Up Costs and Fees |
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| Red Carpet Inn | COMPASS by Margaritaville | |
| Investment | 133600 - 2602000 | 9010000 - 31395000 |
| Franchise Fee | ||
| Royalty Fee | 3% | |
| Advertising Fee | 2.50% | |
| Year Founded | 1982 | 2020 |
| Year Franchised | 1982 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| Red Carpet Inn | COMPASS by Margaritaville | |
| Experience | ||
Financing Options |
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| Red Carpet Inn | COMPASS by Margaritaville | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Red Carpet Inn | COMPASS by Margaritaville | |
| 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 |
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| Red Carpet Inn | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Franchise Fee | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Royalty Fee | |
| Red Carpet Inn | 3% |
| COMPASS by Margaritaville | |
| Advertising Fee | |
| Red Carpet Inn | 2.50% |
| COMPASS by Margaritaville | |
| Year Founded | |
| Red Carpet Inn | 1982 |
| COMPASS by Margaritaville | 2020 |
| Year Franchised | |
| Red Carpet Inn | 1982 |
| COMPASS by Margaritaville | 2020 |
| Term Of Agreement | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Renewal Fee | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Start-up Costs | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Equipment | |
| Red Carpet Inn} | |
| COMPASS by Margaritaville | |
| Inventory | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Receivables | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Payroll | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
Training & Support |
|
| Training | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Support | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| Marketing | |
| 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 |
| COMPASS by Margaritaville | |
| Operations | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
Expansion Plans |
|
| US Expansion | |
| Red Carpet Inn | |
| 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 | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |
| International Expansion | |
| Red Carpet Inn | |
| COMPASS by Margaritaville | |