Start-Up Costs and Fees |
||
| Wingate by Wyndham | Hospitality | |
| Investment | 375465 - 10816446 | 133600 - 2602000 |
| Franchise Fee | 0 | 0 |
| Royalty Fee | 4.50% | $35/rm/night |
| Advertising Fee | 4% | |
| Year Founded | 1995 | 1971 |
| Year Franchised | 1995 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | Hospitality | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | Hospitality | |
| Franchise Fees | No | No |
| Start-up Costs | Yes | No |
| Equipment | Yes | No |
| Inventory | Yes | No |
| Receivables | Yes | No |
| Payroll | Yes | No |
Training & Support |
||
| Wingate by Wyndham | Hospitality | |
| Training | Regional workshops | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, National media, Regional advertising | Ad Templates Regional Advertising Social media Website development Email marketing |
| 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. | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
||
| Wingate by Wyndham | Hospitality | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wingate by Wyndham | |
| Hospitality | |
| Franchise Fee | |
| Wingate by Wyndham | |
| Hospitality | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| Hospitality | $35/rm/night |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| Hospitality | |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| Hospitality | 1971 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| Hospitality | 1982 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| Hospitality | 5 years |
| Renewal Fee | |
| Wingate by Wyndham | |
| Hospitality | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| Hospitality | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| Hospitality | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| Hospitality | |
| Equipment | |
| Wingate by Wyndham} | |
| Hospitality | |
| Inventory | |
| Wingate by Wyndham | |
| Hospitality | |
| Receivables | |
| Wingate by Wyndham | |
| Hospitality | |
| Payroll | |
| Wingate by Wyndham | |
| Hospitality | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| 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. |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| Hospitality | 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 | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Wingate by Wyndham | |
| Hospitality | |