Reverb
Who are we
What to know about Reverb franchise? Hard Rock Hotel Licensing, Inc. offers franchises for the operation of an upscale, select-service hotel that operates under the name "Reverb." Social purpose as they present them include the mottos Love All-Serve All, Take Time To Be Kind, Save The Planet, and All Is One. Infusing the power of music into all they do, more than 40,000 Hard Rock employees enact their mottos’ global values across 253 locations that include owned/licensed or managed Hotels, Casinos, Rock Shops® and Cafes spanning 68 countries. They attract employees whose compassion and care for their customers and communities make everyday life better. They reinforce this collective empathy with formal training for everyone who joins Hard Rock. Reverb is based in Davie, FL. Scroll down to learn more!How much does a Reverb franchise cost?Are you wondering how much is a Reverb franchise? Before starting a Reverb franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Reverb franchise is $15,353,150 and can go all the way up to $37,251,650. Keep in mind, you should also allocate additional funds to live off of while the Reverb business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Reverb franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Reverb business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Reverb franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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Franchise Disclosure Documents
FDD | Source | Effective date | |
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California | May 20, 2020 | Download |
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