Start-Up Costs and Fees |
||
| stayAPT Suites | Wingate by Wyndham | |
| Investment | 4148500 - 7616000 | 375465 - 10816446 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2018 | 1995 |
| Year Franchised | 2018 | 1995 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | Wingate by Wyndham | |
| Experience | ||
Financing Options |
||
| stayAPT Suites | Wingate by Wyndham | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| stayAPT Suites | 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 |
||
| stayAPT Suites | 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 | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Franchise Fee | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Royalty Fee | |
| stayAPT Suites | |
| Wingate by Wyndham | 4.50% |
| Advertising Fee | |
| stayAPT Suites | |
| Wingate by Wyndham | 4% |
| Year Founded | |
| stayAPT Suites | 2018 |
| Wingate by Wyndham | 1995 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| Wingate by Wyndham | 1995 |
| Term Of Agreement | |
| stayAPT Suites | |
| Wingate by Wyndham | 20 years |
| Renewal Fee | |
| stayAPT Suites | |
| Wingate by Wyndham | |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| Wingate by Wyndham | |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Start-up Costs | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Equipment | |
| stayAPT Suites} | |
| Wingate by Wyndham | |
| Inventory | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Receivables | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| Payroll | |
| stayAPT Suites | |
| Wingate by Wyndham | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| Wingate by Wyndham | Regional workshops |
| Support | |
| stayAPT Suites | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| stayAPT Suites | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Operations | |
| stayAPT Suites | |
| 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 | |
| stayAPT Suites | 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 | |
| stayAPT Suites | |
| Wingate by Wyndham | |
| International Expansion | |
| stayAPT Suites | |
| Wingate by Wyndham | |