Start-Up Costs and Fees |
||
| La Quinta | HomeTowne Studios | |
| Investment | 3822657 - 12901630 | 345500 - 1238500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-4.5% | 3% |
| Advertising Fee | 4.50% | |
| Year Founded | 1968 | 2017 |
| Year Franchised | 2001 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| La Quinta | HomeTowne Studios | |
| Experience | General business experience | |
Financing Options |
||
| La Quinta | HomeTowne Studios | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| La Quinta | HomeTowne Studios | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| La Quinta | HomeTowne Studios | |
| 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 | |
| La Quinta | |
| HomeTowne Studios | |
| Franchise Fee | |
| La Quinta | |
| HomeTowne Studios | |
| Royalty Fee | |
| La Quinta | 4-4.5% |
| HomeTowne Studios | 3% |
| Advertising Fee | |
| La Quinta | 4.50% |
| HomeTowne Studios | |
| Year Founded | |
| La Quinta | 1968 |
| HomeTowne Studios | 2017 |
| Year Franchised | |
| La Quinta | 2001 |
| HomeTowne Studios | 2017 |
| Term Of Agreement | |
| La Quinta | 20 years |
| HomeTowne Studios | |
| Renewal Fee | |
| La Quinta | |
| HomeTowne Studios | |
Business Experience Requirements |
|
| Experience | |
| La Quinta | General business experience |
| HomeTowne Studios | |
Financing Options |
|
| Franchise Fees | |
| La Quinta | No |
| HomeTowne Studios | No |
| Start-up Costs | |
| La Quinta | |
| HomeTowne Studios | |
| Equipment | |
| La Quinta} | |
| HomeTowne Studios | |
| Inventory | |
| La Quinta | |
| HomeTowne Studios | |
| Receivables | |
| La Quinta | |
| HomeTowne Studios | |
| Payroll | |
| La Quinta | |
| HomeTowne Studios | |
Training & Support |
|
| Training | |
| La Quinta | |
| HomeTowne Studios | |
| Support | |
| La Quinta | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| HomeTowne Studios | |
| Marketing | |
| La Quinta | Co-op advertising, Ad slicks, National media, Regional advertising |
| HomeTowne Studios | |
| Operations | |
| La Quinta | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
| HomeTowne Studios | |
Expansion Plans |
|
| US Expansion | |
| La Quinta | |
| 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 |
| Canada Expansion | |
| La Quinta | |
| HomeTowne Studios | |
| International Expansion | |
| La Quinta | |
| HomeTowne Studios | Worldwide, |