Start-Up Costs and Fees |
||
| MHO Hotel | Ramada Worldwide | |
| Investment | 59400 - 1238000 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2020 | 1954 |
| Year Franchised | 2020 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MHO Hotel | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| MHO Hotel | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| MHO Hotel | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| MHO Hotel | Ramada Worldwide | |
| 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 | |
| MHO Hotel | |
| Ramada Worldwide | |
| Franchise Fee | |
| MHO Hotel | |
| Ramada Worldwide | |
| Royalty Fee | |
| MHO Hotel | |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| MHO Hotel | |
| Ramada Worldwide | 4% |
| Year Founded | |
| MHO Hotel | 2020 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| MHO Hotel | 2020 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| MHO Hotel | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| MHO Hotel | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| MHO Hotel | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| MHO Hotel | |
| Ramada Worldwide | |
| Start-up Costs | |
| MHO Hotel | |
| Ramada Worldwide | |
| Equipment | |
| MHO Hotel} | |
| Ramada Worldwide | |
| Inventory | |
| MHO Hotel | |
| Ramada Worldwide | |
| Receivables | |
| MHO Hotel | |
| Ramada Worldwide | |
| Payroll | |
| MHO Hotel | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| MHO Hotel | |
| Ramada Worldwide | Regional workshops |
| Support | |
| MHO Hotel | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| MHO Hotel | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| MHO Hotel | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| MHO Hotel | 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 |
| Ramada Worldwide | |
| Canada Expansion | |
| MHO Hotel | |
| Ramada Worldwide | |
| International Expansion | |
| MHO Hotel | |
| Ramada Worldwide | |