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