Scottish Inns vs Reverb hotel by Hard Rock Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Scottish Inns 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 |
Investment |
$133,600 - $2,602,000 | $15,445,000 - $37,020,000 |
Franchise Fee |
$6,000 - $16,000 | N/A |
Royalty Fee |
3% | - |
Advertising Fee |
2.5% | - |
Year Founded |
- | - |
Year Franchised |
- | - |
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 |
Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations.
In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty.
Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
- | - |
International Expansion |
- | Yes |
Company Overviews
About Scottish Inns
The Scottish Inns name has provided travelers with a clean and
consistent economy, limited service lodging option that they can
identify with and "A Good Night's Sleep" since 1967.
Since that beginning,
Scottish Inns and
Scottish Inns & Suites have
provided a great value in the franchise arena for owners who seek to
maximize the "bottom line" of their investments and enjoy the
opportunity of managing their own facilities and room rates.
As a franchisee of Hospitality International, Inc., you can expect no
costly surprises and fair, consistent treatment and respect from your
corporate franchise staff. You can also rely on personal and prompt
common sense service while benefiting from the support and discounts
available through our local, regional and national marketing campaigns.
With a Hospitality International franchise, you, the owner, can also get "A Good Night's Sleep".
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.