Start-Up Costs and Fees |
||
| Howard Johnson | WaterWalk Hotels and Apartments | |
| Investment | 336552 - 9898595 | 19960000 - 25430000 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1925 | 2014 |
| Year Franchised | 1954 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Howard Johnson | WaterWalk Hotels and Apartments | |
| Experience | ||
Financing Options |
||
| Howard Johnson | WaterWalk Hotels and Apartments | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Howard Johnson | WaterWalk Hotels and Apartments | |
| 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 | WaterWalk Hotels and Apartments | |
| 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 | |
| WaterWalk Hotels and Apartments | |
| Franchise Fee | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
| Royalty Fee | |
| Howard Johnson | 4.50% |
| WaterWalk Hotels and Apartments | |
| Advertising Fee | |
| Howard Johnson | 4% |
| WaterWalk Hotels and Apartments | |
| Year Founded | |
| Howard Johnson | 1925 |
| WaterWalk Hotels and Apartments | 2014 |
| Year Franchised | |
| Howard Johnson | 1954 |
| WaterWalk Hotels and Apartments | 2014 |
| Term Of Agreement | |
| Howard Johnson | 15-20 years |
| WaterWalk Hotels and Apartments | |
| Renewal Fee | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
Business Experience Requirements |
|
| Experience | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
Financing Options |
|
| Franchise Fees | |
| Howard Johnson | No |
| WaterWalk Hotels and Apartments | No |
| Start-up Costs | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
| Equipment | |
| Howard Johnson} | |
| WaterWalk Hotels and Apartments | |
| Inventory | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
| Receivables | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
| Payroll | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |
Training & Support |
|
| Training | |
| Howard Johnson | Regional workshops |
| WaterWalk Hotels and Apartments | |
| Support | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| WaterWalk Hotels and Apartments | |
| Marketing | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| WaterWalk Hotels and Apartments | |
| 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. |
| WaterWalk Hotels and Apartments | |
Expansion Plans |
|
| US Expansion | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | 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 |
| WaterWalk Hotels and Apartments | |
| International Expansion | |
| Howard Johnson | |
| WaterWalk Hotels and Apartments | |