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Below is an in-depth analysis and side-by-side comparison of Cobblestone Inn and Suites 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 | $64,799 - $8,738,497 | $9,010,000 - $31,395,000 |
Franchise Fee | $35,000 | N/A |
Royalty Fee | $3/room/day | - |
Advertising Fee | .25/room/day | - |
Year Founded | 2008 | 2020 |
Year Franchised | 2012 | 2020 |
Term Of Agreement | 20 years | - |
Term Of Agreement | 20 years | - |
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 | *5 days at Headquarters *14 days at the Hotel location *up to 14 days at each new Hotel location | - |
Support | - | - |
Marketing | - | - |
Operations | 90% are owner/Operators. 10% are investors Approx. 7 Full Time employees are necessary for each Hotel | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | - | - |
International Expansion | Yes | - |
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.