Start-Up Costs and Fees |
||
| Wingate by Wyndham | Knights Inn | |
| Investment | 375465 - 10816446 | 93000 - 6277500 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | $21/rm./mo. |
| Advertising Fee | 4% | |
| Year Founded | 1995 | 1972 |
| Year Franchised | 1995 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Wingate by Wyndham | Knights Inn | |
| Experience | ||
Financing Options |
||
| Wingate by Wyndham | Knights Inn | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Wingate by Wyndham | Knights Inn | |
| 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 | Knights Inn | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Wingate by Wyndham | |
| Knights Inn | |
| Franchise Fee | |
| Wingate by Wyndham | |
| Knights Inn | |
| Royalty Fee | |
| Wingate by Wyndham | 4.50% |
| Knights Inn | $21/rm./mo. |
| Advertising Fee | |
| Wingate by Wyndham | 4% |
| Knights Inn | |
| Year Founded | |
| Wingate by Wyndham | 1995 |
| Knights Inn | 1972 |
| Year Franchised | |
| Wingate by Wyndham | 1995 |
| Knights Inn | 1991 |
| Term Of Agreement | |
| Wingate by Wyndham | 20 years |
| Knights Inn | |
| Renewal Fee | |
| Wingate by Wyndham | |
| Knights Inn | |
Business Experience Requirements |
|
| Experience | |
| Wingate by Wyndham | |
| Knights Inn | |
Financing Options |
|
| Franchise Fees | |
| Wingate by Wyndham | No |
| Knights Inn | No |
| Start-up Costs | |
| Wingate by Wyndham | |
| Knights Inn | |
| Equipment | |
| Wingate by Wyndham} | |
| Knights Inn | |
| Inventory | |
| Wingate by Wyndham | |
| Knights Inn | |
| Receivables | |
| Wingate by Wyndham | |
| Knights Inn | |
| Payroll | |
| Wingate by Wyndham | |
| Knights Inn | |
Training & Support |
|
| Training | |
| Wingate by Wyndham | Regional workshops |
| Knights Inn | |
| Support | |
| Wingate by Wyndham | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations, Purchasing cooperatives |
| Knights Inn | |
| Marketing | |
| Wingate by Wyndham | Co-op advertising, National media, Regional advertising |
| Knights Inn | |
| 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. |
| Knights Inn | |
Expansion Plans |
|
| US Expansion | |
| Wingate by Wyndham | |
| Knights Inn | 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 | |
| Knights Inn | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Wingate by Wyndham | |
| Knights Inn | |