Start-Up Costs and Fees |
||
| Park Plaza Hotels and Resorts | Everhome Suites | |
| Investment | 187500 - 1200000 | 10108350 - 12101869 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 1986 | 0 |
| Year Franchised | 1993 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Park Plaza Hotels and Resorts | Everhome Suites | |
| Experience | ||
Financing Options |
||
| Park Plaza Hotels and Resorts | Everhome Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Park Plaza Hotels and Resorts | Everhome Suites | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Park Plaza Hotels and Resorts | Everhome 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 | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Franchise Fee | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Royalty Fee | |
| Park Plaza Hotels and Resorts | 5% |
| Everhome Suites | |
| Advertising Fee | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Year Founded | |
| Park Plaza Hotels and Resorts | 1986 |
| Everhome Suites | 0 |
| Year Franchised | |
| Park Plaza Hotels and Resorts | 1993 |
| Everhome Suites | 0 |
| Term Of Agreement | |
| Park Plaza Hotels and Resorts | 15 years |
| Everhome Suites | |
| Renewal Fee | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
Business Experience Requirements |
|
| Experience | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
Financing Options |
|
| Franchise Fees | |
| Park Plaza Hotels and Resorts | No |
| Everhome Suites | No |
| Start-up Costs | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Equipment | |
| Park Plaza Hotels and Resorts} | |
| Everhome Suites | |
| Inventory | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Receivables | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Payroll | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
Training & Support |
|
| Training | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |
| Support | |
| Park Plaza Hotels and Resorts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Everhome Suites | |
| Marketing | |
| Park Plaza Hotels and Resorts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Everhome Suites | |
| Operations | |
| Park Plaza Hotels and Resorts | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. |
| Everhome Suites | |
Expansion Plans |
|
| US Expansion | |
| Park Plaza Hotels and Resorts | |
| Everhome 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 | |
| Park Plaza Hotels and Resorts | 0 |
| Everhome Suites | |
| International Expansion | |
| Park Plaza Hotels and Resorts | |
| Everhome Suites | |