Hospitality vs COMPASS by Margaritaville Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Hospitality vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Hospitality COMPASS by Margaritaville
Investment 133600 - 2602000 9010000 - 31395000
Franchise Fee 0
Royalty Fee $35/rm/night
Advertising Fee
Year Founded 1971 2020
Year Franchised 1982 2020
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Hospitality COMPASS by Margaritaville
Experience

Financing Options
  Hospitality COMPASS by Margaritaville
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Hospitality COMPASS by Margaritaville
Training Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing Ad Templates Regional Advertising Social media Website development Email marketing
Operations 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)

Expansion Plans
  Hospitality 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 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion

Start-Up Costs and Fees Mobile
Investment
Hospitality
COMPASS by Margaritaville
Franchise Fee
Hospitality
COMPASS by Margaritaville
Royalty Fee
Hospitality $35/rm/night
COMPASS by Margaritaville
Advertising Fee
Hospitality
COMPASS by Margaritaville
Year Founded
Hospitality 1971
COMPASS by Margaritaville 2020
Year Franchised
Hospitality 1982
COMPASS by Margaritaville 2020
Term Of Agreement
Hospitality 5 years
COMPASS by Margaritaville
Renewal Fee
Hospitality
COMPASS by Margaritaville


Business Experience Requirements
Experience
Hospitality
COMPASS by Margaritaville

Financing Options
 
Franchise Fees
Hospitality No
COMPASS by Margaritaville No
Start-up Costs
Hospitality
COMPASS by Margaritaville
Equipment
Hospitality}
COMPASS by Margaritaville
Inventory
Hospitality
COMPASS by Margaritaville
Receivables
Hospitality
COMPASS by Margaritaville
Payroll
Hospitality
COMPASS by Margaritaville

Training & Support
Training
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
COMPASS by Margaritaville
Support
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
COMPASS by Margaritaville
Marketing
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
COMPASS by Margaritaville
Operations
Hospitality 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators)
COMPASS by Margaritaville

Expansion Plans
US Expansion
Hospitality 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
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
Hospitality Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
COMPASS by Margaritaville
International Expansion
Hospitality
COMPASS by Margaritaville