Start-Up Costs and Fees |
||
| Hospitality | Value Place | |
| Investment | 133600 - 2602000 | 5035000 - 7031000 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 5% |
| Advertising Fee | ||
| Year Founded | 1971 | 2003 |
| Year Franchised | 1982 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Value Place | |
| Experience | ||
Financing Options |
||
| Hospitality | Value Place | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Hospitality | Value Place | |
| 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 | Value Place | |
| 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 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Value Place | |
| Franchise Fee | |
| Hospitality | |
| Value Place | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Value Place | 5% |
| Advertising Fee | |
| Hospitality | |
| Value Place | |
| Year Founded | |
| Hospitality | 1971 |
| Value Place | 2003 |
| Year Franchised | |
| Hospitality | 1982 |
| Value Place | 2004 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Value Place | 20 years |
| Renewal Fee | |
| Hospitality | |
| Value Place | 50% of current fran. fee |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Value Place | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Value Place | No |
| Start-up Costs | |
| Hospitality | |
| Value Place | |
| Equipment | |
| Hospitality} | |
| Value Place | |
| Inventory | |
| Hospitality | |
| Value Place | |
| Receivables | |
| Hospitality | |
| Value Place | |
| Payroll | |
| Hospitality | |
| Value Place | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Value Place | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Value Place | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Value Place | |
| 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) |
| Value Place | |
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 |
| Value Place | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Value Place | 0 |
| International Expansion | |
| Hospitality | |
| Value Place | |