Start-Up Costs and Fees |
||
| Hawthorn Suites | WaterWalk Hotels and Apartments | |
| Investment | 225693 - 12785326 | 19960000 - 25430000 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2.50% | |
| Year Founded | 1986 | 2014 |
| Year Franchised | 1986 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hawthorn Suites | WaterWalk Hotels and Apartments | |
| Experience | ||
Financing Options |
||
| Hawthorn Suites | WaterWalk Hotels and Apartments | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hawthorn Suites | WaterWalk Hotels and Apartments | |
| 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 | 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 | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| Franchise Fee | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| Royalty Fee | |
| Hawthorn Suites | 5.50% |
| WaterWalk Hotels and Apartments | |
| Advertising Fee | |
| Hawthorn Suites | 2.50% |
| WaterWalk Hotels and Apartments | |
| Year Founded | |
| Hawthorn Suites | 1986 |
| WaterWalk Hotels and Apartments | 2014 |
| Year Franchised | |
| Hawthorn Suites | 1986 |
| WaterWalk Hotels and Apartments | 2014 |
| Term Of Agreement | |
| Hawthorn Suites | 20 years |
| WaterWalk Hotels and Apartments | |
| Renewal Fee | |
| Hawthorn Suites | 50% of current franchise fee |
| WaterWalk Hotels and Apartments | |
Business Experience Requirements |
|
| Experience | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
Financing Options |
|
| Franchise Fees | |
| Hawthorn Suites | No |
| WaterWalk Hotels and Apartments | No |
| Start-up Costs | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| Equipment | |
| Hawthorn Suites} | |
| WaterWalk Hotels and Apartments | |
| Inventory | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| Receivables | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| Payroll | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
Training & Support |
|
| Training | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| WaterWalk Hotels and Apartments | |
| Support | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| WaterWalk Hotels and Apartments | |
| Marketing | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| WaterWalk Hotels and Apartments | |
| 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. |
| WaterWalk Hotels and Apartments | |
Expansion Plans |
|
| US Expansion | |
| Hawthorn Suites | |
| 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 | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |
| International Expansion | |
| Hawthorn Suites | |
| WaterWalk Hotels and Apartments | |