Start-Up Costs and Fees |
||
| Wingate by Wyndham | Margaritaville Hotels & Resorts | |
| Investment | 375465 - 10816446 | 10175000 - 115680000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1995 | 1985 |
| Year Franchised | 1995 | 2019 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | Margaritaville Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | Margaritaville Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Wingate by Wyndham | Margaritaville Hotels & Resorts | |
| 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 | Margaritaville Hotels & Resorts | |
| 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 | |
| Margaritaville Hotels & Resorts | |
| Franchise Fee | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| Margaritaville Hotels & Resorts | |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| Margaritaville Hotels & Resorts | |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| Margaritaville Hotels & Resorts | 1985 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| Margaritaville Hotels & Resorts | 2019 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| Margaritaville Hotels & Resorts | |
| Renewal Fee | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| Margaritaville Hotels & Resorts | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
| Equipment | |
| Wingate by Wyndham} | |
| Margaritaville Hotels & Resorts | |
| Inventory | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
| Receivables | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
| Payroll | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| Margaritaville Hotels & Resorts | |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Margaritaville Hotels & Resorts | |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Margaritaville Hotels & Resorts | |
| 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. |
| Margaritaville Hotels & Resorts | |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | 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 | |
| Margaritaville Hotels & Resorts | |
| International Expansion | |
| Wingate by Wyndham | |
| Margaritaville Hotels & Resorts | |