Start-Up Costs and Fees |
||
| My Place Hotels | Value Place | |
| Investment | 4108050 - 5709950 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | ||
| Year Founded | 2014 | 2003 |
| Year Franchised | 2014 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| My Place Hotels | Value Place | |
| Experience | ||
Financing Options |
||
| My Place Hotels | Value Place | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| My Place Hotels | Value Place | |
| Training | ||
| Support | ||
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| My Place Hotels | Value Place | |
| 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 | |
| My Place Hotels | |
| Value Place | |
| Franchise Fee | |
| My Place Hotels | |
| Value Place | |
| Royalty Fee | |
| My Place Hotels | |
| Value Place | 5% |
| Advertising Fee | |
| My Place Hotels | |
| Value Place | |
| Year Founded | |
| My Place Hotels | 2014 |
| Value Place | 2003 |
| Year Franchised | |
| My Place Hotels | 2014 |
| Value Place | 2004 |
| Term Of Agreement | |
| My Place Hotels | |
| Value Place | 20 years |
| Renewal Fee | |
| My Place Hotels | |
| Value Place | 50% of current fran. fee |
Business Experience Requirements |
|
| Experience | |
| My Place Hotels | |
| Value Place | |
Financing Options |
|
| Franchise Fees | |
| My Place Hotels | |
| Value Place | |
| Start-up Costs | |
| My Place Hotels | |
| Value Place | |
| Equipment | |
| My Place Hotels} | |
| Value Place | |
| Inventory | |
| My Place Hotels | |
| Value Place | |
| Receivables | |
| My Place Hotels | |
| Value Place | |
| Payroll | |
| My Place Hotels | |
| Value Place | |
Training & Support |
|
| Training | |
| My Place Hotels | |
| Value Place | |
| Support | |
| My Place Hotels | |
| Value Place | |
| Marketing | |
| My Place Hotels | |
| Value Place | |
| Operations | |
| My Place Hotels | |
| Value Place | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Value Place | |
| Canada Expansion | |
| My Place Hotels | |
| Value Place | 0 |
| International Expansion | |
| My Place Hotels | |
| Value Place | |