Start-Up Costs and Fees |
||
| HomeTowne Studios | Hawthorn Suites | |
| Investment | 345500 - 1238500 | 225693 - 12785326 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | 5.50% |
| Advertising Fee | 2.50% | |
| Year Founded | 2017 | 1986 |
| Year Franchised | 2017 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeTowne Studios | Hawthorn Suites | |
| Experience | ||
Financing Options |
||
| HomeTowne Studios | Hawthorn Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeTowne Studios | Hawthorn Suites | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| HomeTowne Studios | Hawthorn Suites | |
| 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 | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Franchise Fee | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Royalty Fee | |
| HomeTowne Studios | 3% |
| Hawthorn Suites | 5.50% |
| Advertising Fee | |
| HomeTowne Studios | |
| Hawthorn Suites | 2.50% |
| Year Founded | |
| HomeTowne Studios | 2017 |
| Hawthorn Suites | 1986 |
| Year Franchised | |
| HomeTowne Studios | 2017 |
| Hawthorn Suites | 1986 |
| Term Of Agreement | |
| HomeTowne Studios | |
| Hawthorn Suites | 20 years |
| Renewal Fee | |
| HomeTowne Studios | |
| Hawthorn Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| HomeTowne Studios | |
| Hawthorn Suites | |
Financing Options |
|
| Franchise Fees | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Start-up Costs | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Equipment | |
| HomeTowne Studios} | |
| Hawthorn Suites | |
| Inventory | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Receivables | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| Payroll | |
| HomeTowne Studios | |
| Hawthorn Suites | |
Training & Support |
|
| Training | |
| HomeTowne Studios | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Support | |
| HomeTowne Studios | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| HomeTowne Studios | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Operations | |
| HomeTowne Studios | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Hawthorn Suites | |
| Canada Expansion | |
| HomeTowne Studios | |
| Hawthorn Suites | |
| International Expansion | |
| HomeTowne Studios | Worldwide, |
| Hawthorn Suites | |