Start-Up Costs and Fees |
||
| Wingate by Wyndham | HomeTowne Studios | |
| Investment | 375465 - 10816446 | 345500 - 1238500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | 3% |
| Advertising Fee | 4% | |
| Year Founded | 1995 | 2017 |
| Year Franchised | 1995 | 2017 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | HomeTowne Studios | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | HomeTowne Studios | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Wingate by Wyndham | HomeTowne Studios | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Wingate by Wyndham | HomeTowne Studios | |
| 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 | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| Franchise Fee | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| HomeTowne Studios | 3% |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| HomeTowne Studios | |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| HomeTowne Studios | 2017 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| HomeTowne Studios | 2017 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| HomeTowne Studios | |
| Renewal Fee | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| HomeTowne Studios | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| Equipment | |
| Wingate by Wyndham} | |
| HomeTowne Studios | |
| Inventory | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| Receivables | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| Payroll | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| HomeTowne Studios | |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| HomeTowne Studios | |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| HomeTowne Studios | |
| Operations | |
| Wingate by Wyndham | International franchisees required to buy multiple units/master licenses; 5% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 - 20 Absentee ownership of franchise is allowed. |
| HomeTowne Studios | |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| HomeTowne Studios | 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 | |
| Wingate by Wyndham | |
| HomeTowne Studios | |
| International Expansion | |
| Wingate by Wyndham | |
| HomeTowne Studios | Worldwide, |