Start-Up Costs and Fees |
||
| Hawthorn Suites | HomeTowne Studios | |
| Investment | 225693 - 12785326 | 345500 - 1238500 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | 3% |
| Advertising Fee | 2.50% | |
| Year Founded | 1986 | 2017 |
| Year Franchised | 1986 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hawthorn Suites | HomeTowne Studios | |
| Experience | ||
Financing Options |
||
| Hawthorn Suites | HomeTowne Studios | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hawthorn Suites | HomeTowne Studios | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| 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 | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Hawthorn 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 | ||
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| Franchise Fee | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| Royalty Fee | |
| Hawthorn Suites | 5.50% |
| HomeTowne Studios | 3% |
| Advertising Fee | |
| Hawthorn Suites | 2.50% |
| HomeTowne Studios | |
| Year Founded | |
| Hawthorn Suites | 1986 |
| HomeTowne Studios | 2017 |
| Year Franchised | |
| Hawthorn Suites | 1986 |
| HomeTowne Studios | 2017 |
| Term Of Agreement | |
| Hawthorn Suites | 20 years |
| HomeTowne Studios | |
| Renewal Fee | |
| Hawthorn Suites | 50% of current franchise fee |
| HomeTowne Studios | |
Business Experience Requirements |
|
| Experience | |
| Hawthorn Suites | |
| HomeTowne Studios | |
Financing Options |
|
| Franchise Fees | |
| Hawthorn Suites | No |
| HomeTowne Studios | No |
| Start-up Costs | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| Equipment | |
| Hawthorn Suites} | |
| HomeTowne Studios | |
| Inventory | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| Receivables | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| Payroll | |
| Hawthorn Suites | |
| HomeTowne Studios | |
Training & Support |
|
| Training | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| HomeTowne Studios | |
| Support | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| HomeTowne Studios | |
| Marketing | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| HomeTowne Studios | |
| Operations | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
| HomeTowne Studios | |
Expansion Plans |
|
| US Expansion | |
| Hawthorn 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 | |
| Hawthorn Suites | |
| HomeTowne Studios | |
| International Expansion | |
| Hawthorn Suites | |
| HomeTowne Studios | Worldwide, |