Start-Up Costs and Fees |
||
| Howard Johnson | My Place Hotels | |
| Investment | 336552 - 9898595 | 4108050 - 5709950 |
| Franchise Fee | ||
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1925 | 2014 |
| Year Franchised | 1954 | 2014 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Howard Johnson | My Place Hotels | |
| Experience | ||
Financing Options |
||
| Howard Johnson | My Place Hotels | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Howard Johnson | My Place Hotels | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | 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 |
||
| Howard Johnson | My Place Hotels | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Howard Johnson | |
| My Place Hotels | |
| Franchise Fee | |
| Howard Johnson | |
| My Place Hotels | |
| Royalty Fee | |
| Howard Johnson | 4.50% |
| My Place Hotels | |
| Advertising Fee | |
| Howard Johnson | 4% |
| My Place Hotels | |
| Year Founded | |
| Howard Johnson | 1925 |
| My Place Hotels | 2014 |
| Year Franchised | |
| Howard Johnson | 1954 |
| My Place Hotels | 2014 |
| Term Of Agreement | |
| Howard Johnson | 15-20 years |
| My Place Hotels | |
| Renewal Fee | |
| Howard Johnson | |
| My Place Hotels | |
Business Experience Requirements |
|
| Experience | |
| Howard Johnson | |
| My Place Hotels | |
Financing Options |
|
| Franchise Fees | |
| Howard Johnson | No |
| My Place Hotels | No |
| Start-up Costs | |
| Howard Johnson | |
| My Place Hotels | |
| Equipment | |
| Howard Johnson} | |
| My Place Hotels | |
| Inventory | |
| Howard Johnson | |
| My Place Hotels | |
| Receivables | |
| Howard Johnson | |
| My Place Hotels | |
| Payroll | |
| Howard Johnson | |
| My Place Hotels | |
Training & Support |
|
| Training | |
| Howard Johnson | Regional workshops |
| My Place Hotels | |
| Support | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| My Place Hotels | |
| Marketing | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| My Place Hotels | |
| Operations | |
| 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. |
| My Place Hotels | |
Expansion Plans |
|
| US Expansion | |
| Howard Johnson | |
| My Place Hotels | 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 | |
| Howard Johnson | 0 |
| My Place Hotels | |
| International Expansion | |
| Howard Johnson | |
| My Place Hotels | |