Start-Up Costs and Fees |
||
| @LodgingOrg | Microtel Inns & Suites | |
| Investment | 0 - 0 | 5709119 - 6799356 |
| Franchise Fee | 0 | |
| Royalty Fee | 0 | 6% |
| Advertising Fee | 2% | |
| Year Founded | 2013 | 1987 |
| Year Franchised | 2013 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| @LodgingOrg | Microtel Inns & Suites | |
| Experience | General business experience | |
Financing Options |
||
| @LodgingOrg | Microtel Inns & Suites | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| @LodgingOrg | Microtel Inns & Suites | |
| Training | ||
| Support | Grand opening, Internet, Field operations/evaluations | 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 | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| @LodgingOrg | Microtel 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Franchise Fee | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Royalty Fee | |
| @LodgingOrg | 0 |
| Microtel Inns & Suites | 6% |
| Advertising Fee | |
| @LodgingOrg | |
| Microtel Inns & Suites | 2% |
| Year Founded | |
| @LodgingOrg | 2013 |
| Microtel Inns & Suites | 1987 |
| Year Franchised | |
| @LodgingOrg | 2013 |
| Microtel Inns & Suites | 1988 |
| Term Of Agreement | |
| @LodgingOrg | |
| Microtel Inns & Suites | 20 years |
| Renewal Fee | |
| @LodgingOrg | |
| Microtel Inns & Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| @LodgingOrg | |
| Microtel Inns & Suites | General business experience |
Financing Options |
|
| Franchise Fees | |
| @LodgingOrg | No |
| Microtel Inns & Suites | No |
| Start-up Costs | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Equipment | |
| @LodgingOrg} | |
| Microtel Inns & Suites | |
| Inventory | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Receivables | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Payroll | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
Training & Support |
|
| Training | |
| @LodgingOrg | |
| Microtel Inns & Suites | |
| Support | |
| @LodgingOrg | Grand opening, Internet, Field operations/evaluations |
| Microtel Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| @LodgingOrg | |
| Microtel Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| @LodgingOrg | |
| Microtel Inns & Suites | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| @LodgingOrg | 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 |
| Microtel Inns & Suites | |
| Canada Expansion | |
| @LodgingOrg | |
| Microtel Inns & Suites | 0 |
| International Expansion | |
| @LodgingOrg | |
| Microtel Inns & Suites | |