Start-Up Costs and Fees |
||
| HomeTowne Studios | Wyndham Hotels & Resorts | |
| Investment | 345500 - 1238500 | 42112580 - 69188897 |
| Franchise Fee | ||
| Royalty Fee | 3% | 5% |
| Advertising Fee | 3% | |
| Year Founded | 2017 | 1981 |
| Year Franchised | 2017 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| HomeTowne Studios | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| HomeTowne Studios | Wyndham Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| HomeTowne Studios | Wyndham Hotels & Resorts | |
| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| HomeTowne Studios | Wyndham Hotels & Resorts | |
| 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 | 0 | |
| International Expansion | Worldwide, |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| HomeTowne Studios | 3% |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| HomeTowne Studios | 2017 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| HomeTowne Studios | 2017 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Start-up Costs | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| HomeTowne Studios} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
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 |
| Wyndham Hotels & Resorts | |
| Canada Expansion | |
| HomeTowne Studios | |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| HomeTowne Studios | Worldwide, |
| Wyndham Hotels & Resorts | |