Start-Up Costs and Fees |
||
| Hospitality | HomeTowne Studios | |
| Investment | 133600 - 2602000 | 345500 - 1238500 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 3% |
| Advertising Fee | ||
| Year Founded | 1971 | 2017 |
| Year Franchised | 1982 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | HomeTowne Studios | |
| Experience | ||
Financing Options |
||
| Hospitality | HomeTowne Studios | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | HomeTowne Studios | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | HomeTowne Studios | |
| 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 | 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| HomeTowne Studios | |
| Franchise Fee | |
| Hospitality | |
| HomeTowne Studios | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| HomeTowne Studios | 3% |
| Advertising Fee | |
| Hospitality | |
| HomeTowne Studios | |
| Year Founded | |
| Hospitality | 1971 |
| HomeTowne Studios | 2017 |
| Year Franchised | |
| Hospitality | 1982 |
| HomeTowne Studios | 2017 |
| Term Of Agreement | |
| Hospitality | 5 years |
| HomeTowne Studios | |
| Renewal Fee | |
| Hospitality | |
| HomeTowne Studios | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| HomeTowne Studios | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| HomeTowne Studios | No |
| Start-up Costs | |
| Hospitality | |
| HomeTowne Studios | |
| Equipment | |
| Hospitality} | |
| HomeTowne Studios | |
| Inventory | |
| Hospitality | |
| HomeTowne Studios | |
| Receivables | |
| Hospitality | |
| HomeTowne Studios | |
| Payroll | |
| Hospitality | |
| HomeTowne Studios | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| HomeTowne Studios | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| HomeTowne Studios | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| HomeTowne Studios | |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| HomeTowne Studios | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | 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 |
| HomeTowne Studios | 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 | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| HomeTowne Studios | |
| International Expansion | |
| Hospitality | |
| HomeTowne Studios | Worldwide, |