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