Start-Up Costs and Fees |
||
| WaterWalk Hotels and Apartments | Hawthorn Suites | |
| Investment | 19960000 - 25430000 | 225693 - 12785326 |
| Franchise Fee | 0 | |
| Royalty Fee | 5.50% | |
| Advertising Fee | 2.50% | |
| Year Founded | 2014 | 1986 |
| Year Franchised | 2014 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WaterWalk Hotels and Apartments | Hawthorn Suites | |
| Experience | ||
Financing Options |
||
| WaterWalk Hotels and Apartments | Hawthorn Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| WaterWalk Hotels and Apartments | Hawthorn Suites | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| WaterWalk Hotels and Apartments | Hawthorn Suites | |
| 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 | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Franchise Fee | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Royalty Fee | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | 5.50% |
| Advertising Fee | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | 2.50% |
| Year Founded | |
| WaterWalk Hotels and Apartments | 2014 |
| Hawthorn Suites | 1986 |
| Year Franchised | |
| WaterWalk Hotels and Apartments | 2014 |
| Hawthorn Suites | 1986 |
| Term Of Agreement | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | 20 years |
| Renewal Fee | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
Financing Options |
|
| Franchise Fees | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Start-up Costs | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Equipment | |
| WaterWalk Hotels and Apartments} | |
| Hawthorn Suites | |
| Inventory | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Receivables | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| Payroll | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
Training & Support |
|
| Training | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Support | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Operations | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| WaterWalk Hotels and Apartments | 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 |
| Hawthorn Suites | |
| Canada Expansion | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |
| International Expansion | |
| WaterWalk Hotels and Apartments | |
| Hawthorn Suites | |