Start-Up Costs and Fees |
||
| WaterWalk Hotels and Apartments | Ramada Worldwide | |
| Investment | 19960000 - 25430000 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 2014 | 1954 |
| Year Franchised | 2014 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WaterWalk Hotels and Apartments | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| WaterWalk Hotels and Apartments | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| WaterWalk Hotels and Apartments | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| WaterWalk Hotels and Apartments | Ramada Worldwide | |
| 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 | |
| Ramada Worldwide | |
| Franchise Fee | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| Royalty Fee | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | 4% |
| Year Founded | |
| WaterWalk Hotels and Apartments | 2014 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| WaterWalk Hotels and Apartments | 2014 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| Start-up Costs | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| Equipment | |
| WaterWalk Hotels and Apartments} | |
| Ramada Worldwide | |
| Inventory | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| Receivables | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| Payroll | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | Regional workshops |
| Support | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 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 |
| Ramada Worldwide | |
| Canada Expansion | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |
| International Expansion | |
| WaterWalk Hotels and Apartments | |
| Ramada Worldwide | |