Start-Up Costs and Fees |
||
| GUESTHOUSE | My Place Hotels | |
| Investment | 118000 - 1918500 | 4108050 - 5709950 |
| Franchise Fee | ||
| Royalty Fee | 3%year1, 3.5%thereafter | |
| Advertising Fee | 1.50% | |
| Year Founded | 1987 | 2014 |
| Year Franchised | 1987 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| GUESTHOUSE | My Place Hotels | |
| Experience | ||
Financing Options |
||
| GUESTHOUSE | My Place Hotels | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| GUESTHOUSE | My Place Hotels | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| GUESTHOUSE | My Place Hotels | |
| 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| GUESTHOUSE | |
| My Place Hotels | |
| Franchise Fee | |
| GUESTHOUSE | |
| My Place Hotels | |
| Royalty Fee | |
| GUESTHOUSE | 3%year1, 3.5%thereafter |
| My Place Hotels | |
| Advertising Fee | |
| GUESTHOUSE | 1.50% |
| My Place Hotels | |
| Year Founded | |
| GUESTHOUSE | 1987 |
| My Place Hotels | 2014 |
| Year Franchised | |
| GUESTHOUSE | 1987 |
| My Place Hotels | 2014 |
| Term Of Agreement | |
| GUESTHOUSE | 10 years, 5 years thereafter |
| My Place Hotels | |
| Renewal Fee | |
| GUESTHOUSE | |
| My Place Hotels | |
Business Experience Requirements |
|
| Experience | |
| GUESTHOUSE | |
| My Place Hotels | |
Financing Options |
|
| Franchise Fees | |
| GUESTHOUSE | |
| My Place Hotels | |
| Start-up Costs | |
| GUESTHOUSE | |
| My Place Hotels | |
| Equipment | |
| GUESTHOUSE} | |
| My Place Hotels | |
| Inventory | |
| GUESTHOUSE | |
| My Place Hotels | |
| Receivables | |
| GUESTHOUSE | |
| My Place Hotels | |
| Payroll | |
| GUESTHOUSE | |
| My Place Hotels | |
Training & Support |
|
| Training | |
| GUESTHOUSE | |
| My Place Hotels | |
| Support | |
| GUESTHOUSE | |
| My Place Hotels | |
| Marketing | |
| GUESTHOUSE | |
| My Place Hotels | |
| Operations | |
| GUESTHOUSE | |
| My Place Hotels | |
Expansion Plans |
|
| US Expansion | |
| GUESTHOUSE | |
| My Place Hotels | 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 | |
| GUESTHOUSE | 0 |
| My Place Hotels | |
| International Expansion | |
| GUESTHOUSE | |
| My Place Hotels | |