Start-Up Costs and Fees |
||
| Everhome Suites | Motel 6 | |
| Investment | 10108350 - 12101869 | 206850 - 8823850 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | |
| Advertising Fee | 3.50% | |
| Year Founded | 0 | 1962 |
| Year Franchised | 0 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Everhome Suites | Motel 6 | |
| Experience | General business experience | |
Financing Options |
||
| Everhome Suites | Motel 6 | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Everhome Suites | Motel 6 | |
| Training | On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention | |
| 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 Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Everhome Suites | Motel 6 | |
| 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 | Canada, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Everhome Suites | |
| Motel 6 | |
| Franchise Fee | |
| Everhome Suites | |
| Motel 6 | |
| Royalty Fee | |
| Everhome Suites | |
| Motel 6 | 5% |
| Advertising Fee | |
| Everhome Suites | |
| Motel 6 | 3.50% |
| Year Founded | |
| Everhome Suites | 0 |
| Motel 6 | 1962 |
| Year Franchised | |
| Everhome Suites | 0 |
| Motel 6 | 1996 |
| Term Of Agreement | |
| Everhome Suites | |
| Motel 6 | 10-15 years |
| Renewal Fee | |
| Everhome Suites | |
| Motel 6 | 50% of current franchisee fee |
Business Experience Requirements |
|
| Experience | |
| Everhome Suites | |
| Motel 6 | General business experience |
Financing Options |
|
| Franchise Fees | |
| Everhome Suites | |
| Motel 6 | |
| Start-up Costs | |
| Everhome Suites | |
| Motel 6 | |
| Equipment | |
| Everhome Suites} | |
| Motel 6 | |
| Inventory | |
| Everhome Suites | |
| Motel 6 | |
| Receivables | |
| Everhome Suites | |
| Motel 6 | |
| Payroll | |
| Everhome Suites | |
| Motel 6 | |
Training & Support |
|
| Training | |
| Everhome Suites | |
| Motel 6 | On-The-Job Training: 25-30 hours Classroom Training: 40 hours Additional Training: Annual convention |
| Support | |
| Everhome Suites | |
| Motel 6 | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Marketing | |
| Everhome Suites | |
| Motel 6 | Co-op Advertising Ad Templates National Media Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Everhome Suites | |
| Motel 6 | 10% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 20 Absentee ownership of franchise is allowed. (70% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Everhome 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 |
| Motel 6 | |
| Canada Expansion | |
| Everhome Suites | |
| Motel 6 | |
| International Expansion | |
| Everhome Suites | |
| Motel 6 | Canada, |