Start-Up Costs and Fees |
||
| Hawthorn Suites | Margaritaville Hotels & Resorts | |
| Investment | 225693 - 12785326 | 10175000 - 115680000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2.50% | |
| Year Founded | 1986 | 1985 |
| Year Franchised | 1986 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hawthorn Suites | Margaritaville Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Hawthorn Suites | Margaritaville Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hawthorn Suites | Margaritaville Hotels & Resorts | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Hawthorn Suites | Margaritaville Hotels & Resorts | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| Franchise Fee | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| Royalty Fee | |
| Hawthorn Suites | 5.50% |
| Margaritaville Hotels & Resorts | |
| Advertising Fee | |
| Hawthorn Suites | 2.50% |
| Margaritaville Hotels & Resorts | |
| Year Founded | |
| Hawthorn Suites | 1986 |
| Margaritaville Hotels & Resorts | 1985 |
| Year Franchised | |
| Hawthorn Suites | 1986 |
| Margaritaville Hotels & Resorts | 2019 |
| Term Of Agreement | |
| Hawthorn Suites | 20 years |
| Margaritaville Hotels & Resorts | |
| Renewal Fee | |
| Hawthorn Suites | 50% of current franchise fee |
| Margaritaville Hotels & Resorts | |
Business Experience Requirements |
|
| Experience | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Hawthorn Suites | No |
| Margaritaville Hotels & Resorts | No |
| Start-up Costs | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| Equipment | |
| Hawthorn Suites} | |
| Margaritaville Hotels & Resorts | |
| Inventory | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| Receivables | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| Payroll | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
Training & Support |
|
| Training | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Margaritaville Hotels & Resorts | |
| Support | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Margaritaville Hotels & Resorts | |
| Marketing | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Margaritaville Hotels & Resorts | |
| Operations | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
| Margaritaville Hotels & Resorts | |
Expansion Plans |
|
| US Expansion | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |
| International Expansion | |
| Hawthorn Suites | |
| Margaritaville Hotels & Resorts | |