Start-Up Costs and Fees |
||
| HomeTowne Studios | WoodSpring Suites | |
| Investment | 345500 - 1238500 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 2017 | 2003 |
| Year Franchised | 2017 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeTowne Studios | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| HomeTowne Studios | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| HomeTowne Studios | WoodSpring Suites | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| HomeTowne Studios | WoodSpring 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 | |
| WoodSpring Suites | |
| Franchise Fee | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Royalty Fee | |
| HomeTowne Studios | 3% |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| HomeTowne Studios | |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| HomeTowne Studios | 2017 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| HomeTowne Studios | 2017 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Renewal Fee | |
| HomeTowne Studios | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| HomeTowne Studios | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Start-up Costs | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Equipment | |
| HomeTowne Studios} | |
| WoodSpring Suites | |
| Inventory | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Receivables | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Payroll | |
| HomeTowne Studios | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| HomeTowne Studios | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| HomeTowne Studios | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| Operations | |
| HomeTowne Studios | |
| WoodSpring Suites | |
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 |
| WoodSpring Suites | |
| Canada Expansion | |
| HomeTowne Studios | |
| WoodSpring Suites | |
| International Expansion | |
| HomeTowne Studios | Worldwide, |
| WoodSpring Suites | |