Start-Up Costs and Fees |
||
| Wingate by Wyndham | WaterWalk Hotels and Apartments | |
| Investment | 375465 - 10816446 | 19960000 - 25430000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1995 | 2014 |
| Year Franchised | 1995 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | WaterWalk Hotels and Apartments | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | WaterWalk Hotels and Apartments | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Wingate by Wyndham | WaterWalk Hotels and Apartments | |
| 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 | WaterWalk Hotels and Apartments | |
| 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 | |
| WaterWalk Hotels and Apartments | |
| Franchise Fee | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| WaterWalk Hotels and Apartments | |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| WaterWalk Hotels and Apartments | |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| WaterWalk Hotels and Apartments | 2014 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| WaterWalk Hotels and Apartments | 2014 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| WaterWalk Hotels and Apartments | |
| Renewal Fee | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| WaterWalk Hotels and Apartments | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
| Equipment | |
| Wingate by Wyndham} | |
| WaterWalk Hotels and Apartments | |
| Inventory | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
| Receivables | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
| Payroll | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| WaterWalk Hotels and Apartments | |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| WaterWalk Hotels and Apartments | |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| WaterWalk Hotels and Apartments | |
| 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. |
| WaterWalk Hotels and Apartments | |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | 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 | |
| WaterWalk Hotels and Apartments | |
| International Expansion | |
| Wingate by Wyndham | |
| WaterWalk Hotels and Apartments | |