Start-Up Costs and Fees |
||
| Ramada Worldwide | MHO Hotel | |
| Investment | 220731 - 9291313 | 59400 - 1238000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1954 | 2020 |
| Year Franchised | 1990 | 2020 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ramada Worldwide | MHO Hotel | |
| Experience | ||
Financing Options |
||
| Ramada Worldwide | MHO Hotel | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ramada Worldwide | MHO Hotel | |
| 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 | MHO Hotel | |
| 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 | |
| MHO Hotel | |
| Franchise Fee | |
| Ramada Worldwide | |
| MHO Hotel | |
| Royalty Fee | |
| Ramada Worldwide | 4.50% |
| MHO Hotel | |
| Advertising Fee | |
| Ramada Worldwide | 4% |
| MHO Hotel | |
| Year Founded | |
| Ramada Worldwide | 1954 |
| MHO Hotel | 2020 |
| Year Franchised | |
| Ramada Worldwide | 1990 |
| MHO Hotel | 2020 |
| Term Of Agreement | |
| Ramada Worldwide | 15-20 years |
| MHO Hotel | |
| Renewal Fee | |
| Ramada Worldwide | |
| MHO Hotel | |
Business Experience Requirements |
|
| Experience | |
| Ramada Worldwide | |
| MHO Hotel | |
Financing Options |
|
| Franchise Fees | |
| Ramada Worldwide | No |
| MHO Hotel | No |
| Start-up Costs | |
| Ramada Worldwide | |
| MHO Hotel | |
| Equipment | |
| Ramada Worldwide} | |
| MHO Hotel | |
| Inventory | |
| Ramada Worldwide | |
| MHO Hotel | |
| Receivables | |
| Ramada Worldwide | |
| MHO Hotel | |
| Payroll | |
| Ramada Worldwide | |
| MHO Hotel | |
Training & Support |
|
| Training | |
| Ramada Worldwide | Regional workshops |
| MHO Hotel | |
| Support | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| MHO Hotel | |
| Marketing | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| MHO Hotel | |
| Operations | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
| MHO Hotel | |
Expansion Plans |
|
| US Expansion | |
| Ramada Worldwide | |
| MHO Hotel | 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 | |
| MHO Hotel | |
| International Expansion | |
| Ramada Worldwide | |
| MHO Hotel | |