Start-Up Costs and Fees |
||
| Wingate by Wyndham | GrandStay Residential Suites | |
| Investment | 375465 - 10816446 | 117900 - 10090200 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1995 | 2000 |
| Year Franchised | 1995 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | GrandStay Residential Suites | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | GrandStay Residential Suites | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Wingate by Wyndham | GrandStay Residential Suites | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Wingate by Wyndham | GrandStay Residential 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 | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| Franchise Fee | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| GrandStay Residential Suites | 5% |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| GrandStay Residential Suites | 2% |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| GrandStay Residential Suites | 2000 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| GrandStay Residential Suites | 2000 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| GrandStay Residential Suites | |
| Renewal Fee | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| GrandStay Residential Suites | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| Equipment | |
| Wingate by Wyndham} | |
| GrandStay Residential Suites | |
| Inventory | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| Receivables | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| Payroll | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| GrandStay Residential Suites | |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| GrandStay Residential Suites | |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| GrandStay Residential Suites | |
| Operations | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. |
| GrandStay Residential Suites | |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| GrandStay Residential 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 | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |
| International Expansion | |
| Wingate by Wyndham | |
| GrandStay Residential Suites | |