Start-Up Costs and Fees |
||
| stayAPT Suites | Wyndham Hotels & Resorts | |
| Investment | 4148500 - 7616000 | 42112580 - 69188897 |
| Franchise Fee | ||
| Royalty Fee | 5% | |
| Advertising Fee | 3% | |
| Year Founded | 2018 | 1981 |
| Year Franchised | 2018 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| stayAPT Suites | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| stayAPT Suites | Wyndham Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| stayAPT Suites | Wyndham Hotels & Resorts | |
| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| stayAPT Suites | Wyndham Hotels & Resorts | |
| 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 | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| stayAPT Suites | 2018 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| stayAPT Suites | 2018 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Start-up Costs | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| stayAPT Suites} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
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 |
| Wyndham Hotels & Resorts | |
| Canada Expansion | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| stayAPT Suites | |
| Wyndham Hotels & Resorts | |