Start-Up Costs and Fees |
||
| Ramada Worldwide | Hotel RL | |
| Investment | 220731 - 9291313 | 1335000 - 36191500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 5% |
| Advertising Fee | 4% | 3.50% |
| Year Founded | 1954 | 2005 |
| Year Franchised | 1990 | 2005 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Ramada Worldwide | Hotel RL | |
| Experience | ||
Financing Options |
||
| Ramada Worldwide | Hotel RL | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Ramada Worldwide | Hotel RL | |
| 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 |
||
| Ramada Worldwide | Hotel RL | |
| 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 | |
| Ramada Worldwide | |
| Hotel RL | |
| Franchise Fee | |
| Ramada Worldwide | |
| Hotel RL | |
| Royalty Fee | |
| Ramada Worldwide | 4.50% |
| Hotel RL | 5% |
| Advertising Fee | |
| Ramada Worldwide | 4% |
| Hotel RL | 3.50% |
| Year Founded | |
| Ramada Worldwide | 1954 |
| Hotel RL | 2005 |
| Year Franchised | |
| Ramada Worldwide | 1990 |
| Hotel RL | 2005 |
| Term Of Agreement | |
| Ramada Worldwide | 15-20 years |
| Hotel RL | |
| Renewal Fee | |
| Ramada Worldwide | |
| Hotel RL | |
Business Experience Requirements |
|
| Experience | |
| Ramada Worldwide | |
| Hotel RL | |
Financing Options |
|
| Franchise Fees | |
| Ramada Worldwide | No |
| Hotel RL | No |
| Start-up Costs | |
| Ramada Worldwide | |
| Hotel RL | |
| Equipment | |
| Ramada Worldwide} | |
| Hotel RL | |
| Inventory | |
| Ramada Worldwide | |
| Hotel RL | |
| Receivables | |
| Ramada Worldwide | |
| Hotel RL | |
| Payroll | |
| Ramada Worldwide | |
| Hotel RL | |
Training & Support |
|
| Training | |
| Ramada Worldwide | Regional workshops |
| Hotel RL | |
| Support | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Hotel RL | |
| Marketing | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Hotel RL | |
| Operations | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
| Hotel RL | |
Expansion Plans |
|
| US Expansion | |
| Ramada Worldwide | |
| Hotel RL | 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 | |
| Ramada Worldwide | |
| Hotel RL | |
| International Expansion | |
| Ramada Worldwide | |
| Hotel RL | |