Sleep Inn vs Reverb hotel by Hard Rock Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Sleep Inn 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

 
Sleep Inn Franchise
Reverb hotel by Hard Rock Franchise
Investment N/A$15,445,000 - $37,020,000
Franchise Fee $40,000N/A
Royalty Fee 4.65%-
Advertising Fee 3.85%-
Year Founded --
Year Franchised --
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Sleep Inn Franchise
Reverb hotel by Hard Rock Franchise
Experience --

Financing Options

 
Sleep Inn 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

 
Sleep Inn Franchise
Reverb hotel by Hard Rock Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Sleep Inn Franchise
Reverb hotel by Hard Rock Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Sleep Inn

Choice's expanding midscale limited-service brand.

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.