Reverb
An upscale, select-service hotel operating under the name “Reverb” that provides lodging, limited grab-and-go healthy food and beverage service, a lobby bar, a fitness facility, and a limited assortment of merchandise and retail items.
Your franchise match score
Lodging & Hospitality
Brand highlights
- CEO
- Headquarters5701 Stirling Road, Davie, FL, 33314
- Year founded2001
- Year started franchising2017
- IndustryLodging & Hospitality
- Locations open1 (+1 last three years)
Statistics & metrics
- Investment range$15,353,150 - $37,251,650
- Franchise fee$50,000
- RoyaltySum of (a) 5.5% of Room Revenues plus (b) 10% of Merchandise Revenues
- Brand fundProgram Fee 5.5% of Room Revenues
- Required Liquid CapitalN/A
- Required Net WorthN/A
Learn more about the Lodging & Hospitality industry:
From hotels and motels to vacation rentals, the lodging industry is a cornerstone of the travel sector. Franchises in this category offer the chance to be part of the global tourism economy.
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2021-04-16
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Reverb, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Business Experience | Review the professional backgrounds and relevant business experience of Reverb's executives, directors, and key management personnel. | |
| Litigation | Understand any past or pending legal actions involving Reverb, its affiliates, or key personnel that may be relevant to prospective franchisees. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Reverb franchise, including startup costs and working capital estimates. | |
| Financial Performance Representations | Review any financial performance information Reverb provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 1 |
| Franchise locations | 1 |
| Corporate locations | 0 |
System growth over time
FAQs
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