Start-Up Costs and Fees |
||
| stayAPT Suites | Ramada Worldwide | |
| Investment | 4148500 - 7616000 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2018 | 1954 |
| Year Franchised | 2018 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| stayAPT Suites | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| stayAPT Suites | Ramada Worldwide | |
| 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 |
||
| stayAPT Suites | Ramada Worldwide | |
| 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 | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Franchise Fee | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Royalty Fee | |
| stayAPT Suites | |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| stayAPT Suites | |
| Ramada Worldwide | 4% |
| Year Founded | |
| stayAPT Suites | 2018 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| stayAPT Suites | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| stayAPT Suites | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Start-up Costs | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Equipment | |
| stayAPT Suites} | |
| Ramada Worldwide | |
| Inventory | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Receivables | |
| stayAPT Suites | |
| Ramada Worldwide | |
| Payroll | |
| stayAPT Suites | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| Ramada Worldwide | Regional workshops |
| Support | |
| stayAPT Suites | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| stayAPT Suites | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| stayAPT Suites | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| stayAPT 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 |
| Ramada Worldwide | |
| Canada Expansion | |
| stayAPT Suites | |
| Ramada Worldwide | |
| International Expansion | |
| stayAPT Suites | |
| Ramada Worldwide | |