Start-Up Costs and Fees |
||
| Tru by Hilton | Howard Johnson | |
| Investment | 8332795 - 13542175 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 4% | 4% |
| Year Founded | 0 | 1925 |
| Year Franchised | 0 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Tru by Hilton | Howard Johnson | |
| Experience | ||
Financing Options |
||
| Tru by Hilton | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Tru by Hilton | Howard Johnson | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Tru by Hilton | Howard Johnson | |
| 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 | |
| Tru by Hilton | |
| Howard Johnson | |
| Franchise Fee | |
| Tru by Hilton | |
| Howard Johnson | |
| Royalty Fee | |
| Tru by Hilton | 5% |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| Tru by Hilton | 4% |
| Howard Johnson | 4% |
| Year Founded | |
| Tru by Hilton | 0 |
| Howard Johnson | 1925 |
| Year Franchised | |
| Tru by Hilton | 0 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| Tru by Hilton | |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| Tru by Hilton | |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| Tru by Hilton | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| Tru by Hilton | |
| Howard Johnson | |
| Start-up Costs | |
| Tru by Hilton | |
| Howard Johnson | |
| Equipment | |
| Tru by Hilton} | |
| Howard Johnson | |
| Inventory | |
| Tru by Hilton | |
| Howard Johnson | |
| Receivables | |
| Tru by Hilton | |
| Howard Johnson | |
| Payroll | |
| Tru by Hilton | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| Tru by Hilton | |
| Howard Johnson | Regional workshops |
| Support | |
| Tru by Hilton | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Tru by Hilton | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| Tru by Hilton | |
| Howard Johnson | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Tru by Hilton | 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 |
| Howard Johnson | |
| Canada Expansion | |
| Tru by Hilton | |
| Howard Johnson | 0 |
| International Expansion | |
| Tru by Hilton | |
| Howard Johnson | |