Franchising Status
Eligibility for SBA Loan

Franchisor Background

Year Founded

Year when franchising entity was formed
2001

Parent Company

Corporate owner of franchising entity
Hard Rock Hotel Licensing, Inc.

CEO

Chief Executive Officer of Franchisor
Unknown

Franchise Units

Size of franchisee system
11

Industry

High level industry category
Lodging & Leisure

Initial Franchisee Requirements

Net Worth Required

Minimum net worth required to be franchisee
Unknown

Liquid Capital Required

Minimum liquid capital required to be franchisee
Unknown

Minimum Investment

Lowest reported franchise investment cost
$115,525,666

Maximum Investment

Highest reported franchise investment cost
$219,938,000

Minimum Franchise Fee

Minimum initial fee payable to franchisor
Unknown

Maximum Franchise Fee

Maximum initial fee payable to franchisor
Unknown

Other Considerations for Franchisees

Initial Term

Length of initial franchise agreement
Unknown years

Renewal Term

Length of franchise agreement if renewed
Unknown years

Number of Franchisor Lawsuits

Between franchisors and franchisees
Unknown

Number of Director Bankruptcies

Franchisor directors, and franchise entities
Unknown

Distribution of Hard Rock Hotel Franchisees

Hard Rock Hotel Franchise System Development in 2016

FAQ

How much investment do I need to start my own Hard Rock Hotel business?
Franchisees typically require at least $115,525,666 to $219,938,000 investment to get their Hard Rock Hotel business started
What are the initial franchise fees for Hard Rock Hotel?
We don’t know exactly how much the franchise fees are for Hard Rock Hotel, but we can tell you that other franchises in the Lodging & Leisure sector typically need to pay between $22,939 and $30,173 to the franchisor
How much money can I make with a Hard Rock Hotel franchise? What are the average revenues for a typical Hard Rock Hotel business?
We haven’t done the math on how much revenue a typical Hard Rock Hotel brings in each year. We estimate that other franchisees in the Lodging & Leisure industry general $235,774 revenue, so we would expect Hard Rock Hotel to generate a similar amount
How long do I need to commit to running a Hard Rock Hotel unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

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