Start-Up Costs and Fees |
||
| HomeTowne Studios | Wingate by Wyndham | |
| Investment | 345500 - 1238500 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 2017 | 1995 |
| Year Franchised | 2017 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeTowne Studios | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| HomeTowne Studios | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| HomeTowne Studios | Wingate by Wyndham | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| HomeTowne Studios | Wingate by Wyndham | |
| 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 | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Franchise Fee | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Royalty Fee | |
| HomeTowne Studios | 3% |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| HomeTowne Studios | |
| Wingate by Wyndham | 4% |
| Year Founded | |
| HomeTowne Studios | 2017 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| HomeTowne Studios | 2017 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| HomeTowne Studios | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Start-up Costs | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Equipment | |
| HomeTowne Studios} | |
| Wingate by Wyndham | |
| Inventory | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Receivables | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| Payroll | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| HomeTowne Studios | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| HomeTowne Studios | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HomeTowne Studios | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| HomeTowne Studios | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 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 |
| Wingate by Wyndham | |
| Canada Expansion | |
| HomeTowne Studios | |
| Wingate by Wyndham | |
| International Expansion | |
| HomeTowne Studios | Worldwide, |
| Wingate by Wyndham | |