Super 8 vs Margaritaville Hotels & Resorts Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Super 8 vs Margaritaville Hotels & Resorts including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Super 8 Franchise
Margaritaville Hotels & Resorts Franchise
Investment $233,200 - $4,834,492$10,175,000 - $115,680,000
Franchise Fee $25,000 - $28,000N/A
Royalty Fee 5.5%-
Advertising Fee 3%-
Year Founded 19741985
Year Franchised 19762019
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements
 
Super 8 Franchise
Margaritaville Hotels & Resorts Franchise
Experience Developer, owner, or real estate group with hospitality experience, credit and financial approval, and acceptable background check.-

Financing Options
 
Super 8 Franchise
Margaritaville Hotels & Resorts Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs Yes/No-/-
Equipment No/Yes-/-
Inventory Yes/Yes-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Super 8 Franchise
Margaritaville Hotels & Resorts Franchise
Training A comprehensive suite of learning opportunities designed to help you run your business. Our hands-on curriculum includes: General Manager Orientation: Our GM orientation (Strategic Training for Exceptional Performance - S.T.E.P.) is a 5 day program which focuses on the brand tools and resources designed to optimize your business’s performance. We provide year round training to all owners and will tailor your training for your needs. On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training -
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform -
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations International franchisees required to buy multiple units/master licenses

Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Super 8 Franchise
Margaritaville Hotels & Resorts Franchise
US Expansion YesYes
Canada Expansion No-
International Expansion Yes-

Company Overviews

About Super 8

Super 8's name is derived from its unique room rate- - $8.88 every night- - when the principal area opened in 1974 in Aberdeen, South Dakota.

Super 8 Worldwide® is the world's biggest economy lodging chain with more than 2,200 properties in the U.S., Canada, and China. Super 8 has as of late propelled a brand invigorate with another logo and a crisp, new inside and outside outline program. Visitors can rely on upon each Super 8 to convey: complimentary SuperStart® breakfast, free fast web get to, updated shower conveniences, free in-room espresso, kids under 17 remain free, and free premium link or satellite TV.

The total investment necessary to begin operation of a Super 8 franchise for a 65 room new construction facility ranges from $3,672,673 to $4,834,492.
The total investment necessary to begin operation of a Super 8
franchise for a 100 room conversion facility ranges from $233,200 to $2,181,300.
Land acquisition costs are not included in these ranges.
The above amounts include a range of $33,600 to $62,925 that must be paid to the franchisor or an affiliate.

Founded in 1974, Super 8 Motels has been franchising since 1976

"Top      "Entrepreneur
#70 in Canada's Top franchises.
#106 in Franchise 500 for 2020.
#179 in Franchise 500 for 2020.








About Margaritaville Hotels & Resorts

"Margaritaville

Margaritaville Hotels & Resorts, LLC offers franchises for the development and operation of upscale, full-service hotel or resort establishments that provide lodging and food and beverage of a distinctive character and quality under the names Margaritaville Hotel, Margaritaville Resort, Margaritaville Beach Resort and Margaritaville Lake Resort.