Start-Up Costs and Fees |
||
| Home2 Suites | Howard Johnson | |
| Investment | 9102300 - 17456500 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 3.50% | 4% |
| Year Founded | 2008 | 1925 |
| Year Franchised | 2009 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Home2 Suites | Howard Johnson | |
| Experience | ||
Financing Options |
||
| Home2 Suites | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Home2 Suites | Howard Johnson | |
| Training | On-The-Job Training: 1 hour Classroom Training: Varies | Regional workshops |
| Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | Co-op advertising, National media, Regional advertising |
| Operations | Number of Employees Required to Run: 30 | 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 |
||
| Home2 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Home2 Suites | |
| Howard Johnson | |
| Franchise Fee | |
| Home2 Suites | |
| Howard Johnson | |
| Royalty Fee | |
| Home2 Suites | 5% |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| Home2 Suites | 3.50% |
| Howard Johnson | 4% |
| Year Founded | |
| Home2 Suites | 2008 |
| Howard Johnson | 1925 |
| Year Franchised | |
| Home2 Suites | 2009 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| Home2 Suites | 22 years |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| Home2 Suites | Same as initial fee |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| Home2 Suites | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| Home2 Suites | |
| Howard Johnson | |
| Start-up Costs | |
| Home2 Suites | |
| Howard Johnson | |
| Equipment | |
| Home2 Suites} | |
| Howard Johnson | |
| Inventory | |
| Home2 Suites | |
| Howard Johnson | |
| Receivables | |
| Home2 Suites | |
| Howard Johnson | |
| Payroll | |
| Home2 Suites | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| Home2 Suites | On-The-Job Training: 1 hour Classroom Training: Varies |
| Howard Johnson | Regional workshops |
| Support | |
| Home2 Suites | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Home2 Suites | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| Home2 Suites | Number of Employees Required to Run: 30 |
| 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 | |
| Home2 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 | |
| Home2 Suites | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Howard Johnson | 0 |
| International Expansion | |
| Home2 Suites | Worldwide, |
| Howard Johnson | |