Start-Up Costs and Fees |
||
| Budgetel Inns | Hospitality | |
| Investment | 1000000 - 999999 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | |
| Advertising Fee | ||
| Year Founded | 0 | 1971 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Budgetel Inns | Hospitality | |
| Experience | ||
Financing Options |
||
| Budgetel Inns | Hospitality | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Budgetel Inns | Hospitality | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Budgetel Inns | Hospitality | |
| 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 | |
| Budgetel Inns | |
| Hospitality | |
| Franchise Fee | |
| Budgetel Inns | |
| Hospitality | |
| Royalty Fee | |
| Budgetel Inns | |
| Hospitality | $35/rm/night |
| Advertising Fee | |
| Budgetel Inns | |
| Hospitality | |
| Year Founded | |
| Budgetel Inns | 0 |
| Hospitality | 1971 |
| Year Franchised | |
| Budgetel Inns | 0 |
| Hospitality | 1982 |
| Term Of Agreement | |
| Budgetel Inns | |
| Hospitality | 5 years |
| Renewal Fee | |
| Budgetel Inns | |
| Hospitality | |
Business Experience Requirements |
|
| Experience | |
| Budgetel Inns | |
| Hospitality | |
Financing Options |
|
| Franchise Fees | |
| Budgetel Inns | |
| Hospitality | |
| Start-up Costs | |
| Budgetel Inns | |
| Hospitality | |
| Equipment | |
| Budgetel Inns} | |
| Hospitality | |
| Inventory | |
| Budgetel Inns | |
| Hospitality | |
| Receivables | |
| Budgetel Inns | |
| Hospitality | |
| Payroll | |
| Budgetel Inns | |
| Hospitality | |
Training & Support |
|
| Training | |
| Budgetel Inns | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | |
| Budgetel Inns | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Budgetel Inns | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| Budgetel Inns | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Budgetel Inns | |
| Hospitality | 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 | |
| Budgetel Inns | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Budgetel Inns | |
| Hospitality | |