Start-Up Costs and Fees |
||
| Hospitality | The Red Collection | |
| Investment | 133600 - 2602000 | 787000 - 1745500 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | |
| Advertising Fee | ||
| Year Founded | 1971 | 2017 |
| Year Franchised | 1982 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | The Red Collection | |
| Experience | ||
Financing Options |
||
| Hospitality | The Red Collection | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | The Red Collection | |
| 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 | The Red Collection | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| The Red Collection | |
| Franchise Fee | |
| Hospitality | |
| The Red Collection | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| The Red Collection | |
| Advertising Fee | |
| Hospitality | |
| The Red Collection | |
| Year Founded | |
| Hospitality | 1971 |
| The Red Collection | 2017 |
| Year Franchised | |
| Hospitality | 1982 |
| The Red Collection | 2017 |
| Term Of Agreement | |
| Hospitality | 5 years |
| The Red Collection | |
| Renewal Fee | |
| Hospitality | |
| The Red Collection | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| The Red Collection | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| The Red Collection | No |
| Start-up Costs | |
| Hospitality | |
| The Red Collection | |
| Equipment | |
| Hospitality} | |
| The Red Collection | |
| Inventory | |
| Hospitality | |
| The Red Collection | |
| Receivables | |
| Hospitality | |
| The Red Collection | |
| Payroll | |
| Hospitality | |
| The Red Collection | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| The Red Collection | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| The Red Collection | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| The Red Collection | |
| 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) |
| The Red Collection | |
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 |
| The Red Collection | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| The Red Collection | |
| International Expansion | |
| Hospitality | |
| The Red Collection | |