Start-Up Costs and Fees |
||
| Everhome Suites | Ramada Worldwide | |
| Investment | 10108350 - 12101869 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.50% | |
| Advertising Fee | 4% | |
| Year Founded | 0 | 1954 |
| Year Franchised | 0 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Everhome Suites | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| Everhome Suites | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Everhome Suites | 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 |
||
| Everhome Suites | 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 | |
| Everhome Suites | |
| Ramada Worldwide | |
| Franchise Fee | |
| Everhome Suites | |
| Ramada Worldwide | |
| Royalty Fee | |
| Everhome Suites | |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| Everhome Suites | |
| Ramada Worldwide | 4% |
| Year Founded | |
| Everhome Suites | 0 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| Everhome Suites | 0 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| Everhome Suites | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| Everhome Suites | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Everhome Suites | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| Everhome Suites | |
| Ramada Worldwide | |
| Start-up Costs | |
| Everhome Suites | |
| Ramada Worldwide | |
| Equipment | |
| Everhome Suites} | |
| Ramada Worldwide | |
| Inventory | |
| Everhome Suites | |
| Ramada Worldwide | |
| Receivables | |
| Everhome Suites | |
| Ramada Worldwide | |
| Payroll | |
| Everhome Suites | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| Everhome Suites | |
| Ramada Worldwide | Regional workshops |
| Support | |
| Everhome Suites | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Everhome Suites | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Everhome Suites | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Everhome Suites | 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 | |
| Everhome Suites | |
| Ramada Worldwide | |
| International Expansion | |
| Everhome Suites | |
| Ramada Worldwide | |