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Updated RecentlyRodeway Inns vs COMPASS by Margaritaville Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Rodeway Inns vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $118,825 - $572,495 | $9,010,000 - $31,395,000 |
| Franchise Fee | $15,000 | N/A |
| Royalty Fee | 4.5% | - |
| Advertising Fee | 1.25%-3.5% | - |
| Year Founded | - | 2020 |
| Year Franchised | - | 2020 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Rodeway Inns
You’re all about the basics and you want the same in a hotel brand. The easy to operate, iconic Rodeway Inn is familiar to most travelers for its emphasis on value.
The total investment necessary to convert an existing hotel and begin
operation of a 67-room Rodeway Inn hotel franchise is between
$118,825-$572,495. This includes the following fees that must be paid to
the franchisor or its affiliates as follows: an affiliation fee of $125
per room for new construction and $375 per room for transfers and
renewals, $15,000 minimum; a property management system software license
and systems training fee of between $5,250 and $9,250; and orientation
and hospitality training fees of between $0 and $3,245 per person. These
sums do not include the cost of any real estate taxes.
About COMPASS by Margaritaville
!["Compass]("https://www.compasshotel.com/skins/skin-compass-hotels/assets/desktop/images/logo-horizontal.svg"){kind=logo}
Brand-new in 2020, Compass Hotels by Margaritaville brings our
signature island vibe to a whole new range of locations. Dropping anchor
in up-and-coming neighborhoods, established vacation hotspots, college
towns, coastal retreats, and bustling downtown centers - Compass is
poised to deliver a tall, cold glass of chill to anyone who’s looking
for a tropical-style escape. Discover a whole new latitude. Invest in a Compass.