Start-Up Costs and Fees |
||
| Ramada Worldwide | Everhome Suites | |
| Investment | 220731 - 9291313 | 10108350 - 12101869 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 0 |
| Year Franchised | 1990 | 0 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ramada Worldwide | Everhome Suites | |
| Experience | ||
Financing Options |
||
| Ramada Worldwide | Everhome Suites | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ramada Worldwide | Everhome Suites | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Ramada Worldwide | 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 | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Ramada Worldwide | |
| Everhome Suites | |
| Franchise Fee | |
| Ramada Worldwide | |
| Everhome Suites | |
| Royalty Fee | |
| Ramada Worldwide | 4.50% |
| Everhome Suites | |
| Advertising Fee | |
| Ramada Worldwide | 4% |
| Everhome Suites | |
| Year Founded | |
| Ramada Worldwide | 1954 |
| Everhome Suites | 0 |
| Year Franchised | |
| Ramada Worldwide | 1990 |
| Everhome Suites | 0 |
| Term Of Agreement | |
| Ramada Worldwide | 15-20 years |
| Everhome Suites | |
| Renewal Fee | |
| Ramada Worldwide | |
| Everhome Suites | |
Business Experience Requirements |
|
| Experience | |
| Ramada Worldwide | |
| Everhome Suites | |
Financing Options |
|
| Franchise Fees | |
| Ramada Worldwide | No |
| Everhome Suites | No |
| Start-up Costs | |
| Ramada Worldwide | |
| Everhome Suites | |
| Equipment | |
| Ramada Worldwide} | |
| Everhome Suites | |
| Inventory | |
| Ramada Worldwide | |
| Everhome Suites | |
| Receivables | |
| Ramada Worldwide | |
| Everhome Suites | |
| Payroll | |
| Ramada Worldwide | |
| Everhome Suites | |
Training & Support |
|
| Training | |
| Ramada Worldwide | Regional workshops |
| Everhome Suites | |
| Support | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Everhome Suites | |
| Marketing | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Everhome Suites | |
| Operations | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
| Everhome Suites | |
Expansion Plans |
|
| US Expansion | |
| Ramada Worldwide | |
| 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 | |
| Ramada Worldwide | |
| Everhome Suites | |
| International Expansion | |
| Ramada Worldwide | |
| Everhome Suites | |