Start-Up Costs and Fees |
||
| My Place Hotels | Howard Johnson | |
| Investment | 4108050 - 5709950 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2014 | 1925 |
| Year Franchised | 2014 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Place Hotels | Howard Johnson | |
| Experience | ||
Financing Options |
||
| My Place Hotels | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| My Place Hotels | Howard Johnson | |
| 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 |
||
| My Place Hotels | Howard Johnson | |
| 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 | |
| My Place Hotels | |
| Howard Johnson | |
| Franchise Fee | |
| My Place Hotels | |
| Howard Johnson | |
| Royalty Fee | |
| My Place Hotels | |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| My Place Hotels | |
| Howard Johnson | 4% |
| Year Founded | |
| My Place Hotels | 2014 |
| Howard Johnson | 1925 |
| Year Franchised | |
| My Place Hotels | 2014 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| My Place Hotels | |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| My Place Hotels | |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| My Place Hotels | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| My Place Hotels | |
| Howard Johnson | |
| Start-up Costs | |
| My Place Hotels | |
| Howard Johnson | |
| Equipment | |
| My Place Hotels} | |
| Howard Johnson | |
| Inventory | |
| My Place Hotels | |
| Howard Johnson | |
| Receivables | |
| My Place Hotels | |
| Howard Johnson | |
| Payroll | |
| My Place Hotels | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| My Place Hotels | |
| Howard Johnson | Regional workshops |
| Support | |
| My Place Hotels | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| My Place Hotels | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| My Place Hotels | |
| 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. |
Expansion Plans |
|
| US Expansion | |
| My Place Hotels | 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 |
| Howard Johnson | |
| Canada Expansion | |
| My Place Hotels | |
| Howard Johnson | 0 |
| International Expansion | |
| My Place Hotels | |
| Howard Johnson | |