Comfort Suites vs COMPASS by Margaritaville Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Comfort Suites vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Comfort Suites Franchise
COMPASS by Margaritaville Franchise
Investment $307,125 - $9,243,275$9,010,000 - $31,395,000
Franchise Fee $50,000N/A
Royalty Fee 5.65%-
Advertising Fee 3.85%-
Year Founded -2020
Year Franchised -2020
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Comfort Suites Franchise
COMPASS by Margaritaville Franchise
Experience --

Financing Options

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

Training & Support

 
Comfort Suites Franchise
COMPASS by Margaritaville Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Comfort Suites Franchise
COMPASS by Margaritaville Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About Comfort Suites

Choice Hotel's premier midscale, limited service, all-suites brand.
 
The total investment necessary to convert an existing hotel and begin operation of an 80-room COMFORT hotel franchise is between $307,125-$1,967,495. The total investment necessary to begin operation of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES hotel franchise is between $4,638,625-$8,393,895, and the total investment necessary to begin operation of a newly constructed 86-room COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This includes the following fees that must be paid to the franchisor or its affiliates as follows: an affiliation fee of $500 per room for new franchises, $750 per room for transfers and renewals ($50,000 minimum for new franchises, $65,000 minimum for transfers and renewals); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of between $0 and $3,245 per person. These sums do not include the cost of purchasing or leasing land or 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.