Start-Up Costs and Fees |
||
| America's Best Inns & Suites | HomeTowne Studios | |
| Investment | 109250 - 5836500 | 345500 - 1238500 |
| Franchise Fee | ||
| Royalty Fee | 17.50 -$22.50/room/mo. | 3% |
| Advertising Fee | ||
| Year Founded | 1970 | 2017 |
| Year Franchised | 1982 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| America's Best Inns & Suites | HomeTowne Studios | |
| Experience | ||
Financing Options |
||
| America's Best Inns & Suites | HomeTowne Studios | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| America's Best Inns & Suites | HomeTowne Studios | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| America's Best Inns & Suites | HomeTowne Studios | |
| 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 | 0 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Franchise Fee | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Royalty Fee | |
| America's Best Inns & Suites | 17.50 -$22.50/room/mo. |
| HomeTowne Studios | 3% |
| Advertising Fee | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Year Founded | |
| America's Best Inns & Suites | 1970 |
| HomeTowne Studios | 2017 |
| Year Franchised | |
| America's Best Inns & Suites | 1982 |
| HomeTowne Studios | 2017 |
| Term Of Agreement | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Renewal Fee | |
| America's Best Inns & Suites | 50% of then-current fran. fee |
| HomeTowne Studios | |
Business Experience Requirements |
|
| Experience | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
Financing Options |
|
| Franchise Fees | |
| America's Best Inns & Suites | No |
| HomeTowne Studios | No |
| Start-up Costs | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Equipment | |
| America's Best Inns & Suites} | |
| HomeTowne Studios | |
| Inventory | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Receivables | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Payroll | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
Training & Support |
|
| Training | |
| America's Best Inns & Suites | |
| HomeTowne Studios | |
| Support | |
| America's Best Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| HomeTowne Studios | |
| Marketing | |
| America's Best Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| HomeTowne Studios | |
| Operations | |
| America's Best Inns & Suites | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. |
| HomeTowne Studios | |
Expansion Plans |
|
| US Expansion | |
| America's Best Inns & Suites | |
| HomeTowne Studios | 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 | |
| America's Best Inns & Suites | 0 |
| HomeTowne Studios | |
| International Expansion | |
| America's Best Inns & Suites | |
| HomeTowne Studios | Worldwide, |