Start-Up Costs and Fees |
||
| Howard Johnson | GrandStay Residential Suites | |
| Investment | 336552 - 9898595 | 117900 - 10090200 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1925 | 2000 |
| Year Franchised | 1954 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Howard Johnson | GrandStay Residential Suites | |
| Experience | ||
Financing Options |
||
| Howard Johnson | GrandStay Residential Suites | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Howard Johnson | GrandStay Residential Suites | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Howard Johnson | GrandStay Residential Suites | |
| 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 | |
| Howard Johnson | |
| GrandStay Residential Suites | |
| Franchise Fee | |
| Howard Johnson | |
| GrandStay Residential Suites | |
| Royalty Fee | |
| Howard Johnson | 4.50% |
| GrandStay Residential Suites | 5% |
| Advertising Fee | |
| Howard Johnson | 4% |
| GrandStay Residential Suites | 2% |
| Year Founded | |
| Howard Johnson | 1925 |
| GrandStay Residential Suites | 2000 |
| Year Franchised | |
| Howard Johnson | 1954 |
| GrandStay Residential Suites | 2000 |
| Term Of Agreement | |
| Howard Johnson | 15-20 years |
| GrandStay Residential Suites | |
| Renewal Fee | |
| Howard Johnson | |
| GrandStay Residential Suites | |
Business Experience Requirements |
|
| Experience | |
| Howard Johnson | |
| GrandStay Residential Suites | |
Financing Options |
|
| Franchise Fees | |
| Howard Johnson | No |
| GrandStay Residential Suites | No |
| Start-up Costs | |
| Howard Johnson | |
| GrandStay Residential Suites | |
| Equipment | |
| Howard Johnson} | |
| GrandStay Residential Suites | |
| Inventory | |
| Howard Johnson | |
| GrandStay Residential Suites | |
| Receivables | |
| Howard Johnson | |
| GrandStay Residential Suites | |
| Payroll | |
| Howard Johnson | |
| GrandStay Residential Suites | |
Training & Support |
|
| Training | |
| Howard Johnson | Regional workshops |
| GrandStay Residential Suites | |
| Support | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| GrandStay Residential Suites | |
| Marketing | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| GrandStay Residential Suites | |
| Operations | |
| Howard Johnson | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. |
| GrandStay Residential Suites | |
Expansion Plans |
|
| US Expansion | |
| Howard Johnson | |
| GrandStay Residential 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 |
| Canada Expansion | |
| Howard Johnson | 0 |
| GrandStay Residential Suites | |
| International Expansion | |
| Howard Johnson | |
| GrandStay Residential Suites | |