Start-Up Costs and Fees |
||
| GrandStay Residential Suites | Howard Johnson | |
| Investment | 117900 - 10090200 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 2% | 4% |
| Year Founded | 2000 | 1925 |
| Year Franchised | 2000 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| GrandStay Residential Suites | Howard Johnson | |
| Experience | ||
Financing Options |
||
| GrandStay Residential Suites | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| GrandStay Residential Suites | Howard Johnson | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| GrandStay Residential Suites | Howard Johnson | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Franchise Fee | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Royalty Fee | |
| GrandStay Residential Suites | 5% |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| GrandStay Residential Suites | 2% |
| Howard Johnson | 4% |
| Year Founded | |
| GrandStay Residential Suites | 2000 |
| Howard Johnson | 1925 |
| Year Franchised | |
| GrandStay Residential Suites | 2000 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| GrandStay Residential Suites | |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| GrandStay Residential Suites | |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| GrandStay Residential Suites | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Start-up Costs | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Equipment | |
| GrandStay Residential Suites} | |
| Howard Johnson | |
| Inventory | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Receivables | |
| GrandStay Residential Suites | |
| Howard Johnson | |
| Payroll | |
| GrandStay Residential Suites | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| GrandStay Residential Suites | |
| Howard Johnson | Regional workshops |
| Support | |
| GrandStay Residential Suites | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| GrandStay Residential Suites | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| GrandStay Residential Suites | |
| Howard Johnson | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Howard Johnson | |
| Canada Expansion | |
| GrandStay Residential Suites | |
| Howard Johnson | 0 |
| International Expansion | |
| GrandStay Residential Suites | |
| Howard Johnson | |