Rodeway 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

 
Rodeway Inns Franchise
COMPASS by Margaritaville Franchise
Investment $118,825 - $572,495$9,010,000 - $31,395,000
Franchise Fee $15,000N/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

 
Rodeway Inns Franchise
COMPASS by Margaritaville Franchise
Experience --

Financing Options

 
Rodeway Inns Franchise
COMPASS by Margaritaville Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Rodeway Inns Franchise
COMPASS by Margaritaville Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Rodeway Inns Franchise
COMPASS by Margaritaville Franchise
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
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.