Rodeway Inns vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Rodeway Inns vs Reverb hotel by Hard Rock including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Rodeway Inns Franchise
Reverb hotel by Hard Rock Franchise
Investment $118,825 - $572,495$15,445,000 - $37,020,000
Franchise Fee $15,000N/A
Royalty Fee 4.5%-
Advertising Fee 1.25%-3.5%-
Year Founded --
Year Franchised --
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Rodeway Inns Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Rodeway Inns Franchise
Reverb hotel by Hard Rock Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Rodeway Inns Franchise
Reverb hotel by Hard Rock Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Rodeway Inns Franchise
Reverb hotel by Hard Rock Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

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 Reverb hotel by Hard Rock

"Reverb

Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name “Reverb.”

If you purchase a single franchised Hotel, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000. This includes an amount ranging from $151,000 to $415,000 that must be paid to the franchisor and their affiliates.
If you purchase area development rights, the total investment necessary to begin operation of a Reverb franchise ranges from $15,445,000 to $37,020,000, plus an additional deposit fee that is calculated as: $50,000 for the 2nd Hotel you will develop under the area development agreement, plus $12,500 per Hotel for your 3rd and each additional Hotel you will commit to develop under the area development agreement. This includes an amount ranging from $151,000 to $415,000, plus the total amount of the deposit fee, that must be paid to the franchisor and their affiliates.