Start-Up Costs and Fees |
||
| Margaritaville Hotels & Resorts | Wingate by Wyndham | |
| Investment | 10175000 - 115680000 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 1985 | 1995 |
| Year Franchised | 2019 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Margaritaville Hotels & Resorts | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| Margaritaville Hotels & Resorts | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Margaritaville Hotels & Resorts | 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 |
||
| Margaritaville Hotels & Resorts | 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Franchise Fee | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Royalty Fee | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | 4% |
| Year Founded | |
| Margaritaville Hotels & Resorts | 1985 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| Margaritaville Hotels & Resorts | 2019 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Start-up Costs | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Equipment | |
| Margaritaville Hotels & Resorts} | |
| Wingate by Wyndham | |
| Inventory | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Receivables | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| Payroll | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| Margaritaville Hotels & Resorts | |
| 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 | |
| Margaritaville Hotels & Resorts | 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 | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |
| International Expansion | |
| Margaritaville Hotels & Resorts | |
| Wingate by Wyndham | |