Reverb hotel by Hard Rock vs MGallery Hotel Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Reverb hotel by Hard Rock vs MGallery Hotel Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$15,445,000 - $37,020,000 | $50,412,500 - $86,813,500 |
Franchise Fee |
N/A | N/A |
Royalty Fee |
- | - |
Advertising Fee |
- | - |
Year Founded |
- | 2018 |
Year Franchised |
- | 2018 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
-/- | -/- |
Start-up Costs |
-/- | -/- |
Equipment |
-/- | -/- |
Inventory |
-/- | -/- |
Receivables |
-/- | -/- |
Payroll |
-/- | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
Yes | Yes |
Canada Expansion |
- | - |
International Expansion |
Yes | Yes |
Company Overviews
About Reverb hotel by Hard Rock
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.
About MGallery Hotel Collection
MGallery
is where memorable stories are lived and shared. With more than 100
boutique hotels around the world, each tells a unique story inspired by
its destination thanks to bespoke design, sensorial mixology and
wellbeing dedicated to women.