Home2 Suites vs COMPASS by Margaritaville Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Home2 Suites vs COMPASS by Margaritaville including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Home2 Suites COMPASS by Margaritaville
Investment 9102300 - 17456500 9010000 - 31395000
Franchise Fee
Royalty Fee 5%
Advertising Fee 3.50%
Year Founded 2008 2020
Year Franchised 2009 2020
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Home2 Suites COMPASS by Margaritaville
Experience

Financing Options
  Home2 Suites COMPASS by Margaritaville
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  Home2 Suites COMPASS by Margaritaville
Training On-The-Job Training: 1 hour Classroom Training: Varies
Support Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
Marketing Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
Operations Number of Employees Required to Run: 30

Expansion Plans
  Home2 Suites COMPASS by Margaritaville
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 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 Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
International Expansion Worldwide,

Start-Up Costs and Fees Mobile
Investment
Home2 Suites
COMPASS by Margaritaville
Franchise Fee
Home2 Suites
COMPASS by Margaritaville
Royalty Fee
Home2 Suites 5%
COMPASS by Margaritaville
Advertising Fee
Home2 Suites 3.50%
COMPASS by Margaritaville
Year Founded
Home2 Suites 2008
COMPASS by Margaritaville 2020
Year Franchised
Home2 Suites 2009
COMPASS by Margaritaville 2020
Term Of Agreement
Home2 Suites 22 years
COMPASS by Margaritaville
Renewal Fee
Home2 Suites Same as initial fee
COMPASS by Margaritaville


Business Experience Requirements
Experience
Home2 Suites
COMPASS by Margaritaville

Financing Options
 
Franchise Fees
Home2 Suites
COMPASS by Margaritaville
Start-up Costs
Home2 Suites
COMPASS by Margaritaville
Equipment
Home2 Suites}
COMPASS by Margaritaville
Inventory
Home2 Suites
COMPASS by Margaritaville
Receivables
Home2 Suites
COMPASS by Margaritaville
Payroll
Home2 Suites
COMPASS by Margaritaville

Training & Support
Training
Home2 Suites On-The-Job Training: 1 hour Classroom Training: Varies
COMPASS by Margaritaville
Support
Home2 Suites Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform
COMPASS by Margaritaville
Marketing
Home2 Suites Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app
COMPASS by Margaritaville
Operations
Home2 Suites Number of Employees Required to Run: 30
COMPASS by Margaritaville

Expansion Plans
US Expansion
Home2 Suites 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
COMPASS by Margaritaville 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
Home2 Suites Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
COMPASS by Margaritaville
International Expansion
Home2 Suites Worldwide,
COMPASS by Margaritaville