Start-Up Costs and Fees |
||
| Hospitality | Centerstone | |
| Investment | 133600 - 2602000 | 47149 - 8728147 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 2% |
| Advertising Fee | 2% | |
| Year Founded | 1971 | 2012 |
| Year Franchised | 1982 | 2012 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Centerstone | |
| Experience | ||
Financing Options |
||
| Hospitality | Centerstone | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | Centerstone | |
| 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 |
||
| Hospitality | Centerstone | |
| 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 | |
| Hospitality | |
| Centerstone | |
| Franchise Fee | |
| Hospitality | |
| Centerstone | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Centerstone | 2% |
| Advertising Fee | |
| Hospitality | |
| Centerstone | 2% |
| Year Founded | |
| Hospitality | 1971 |
| Centerstone | 2012 |
| Year Franchised | |
| Hospitality | 1982 |
| Centerstone | 2012 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Centerstone | as low as 3 years |
| Renewal Fee | |
| Hospitality | |
| Centerstone | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Centerstone | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Centerstone | No |
| Start-up Costs | |
| Hospitality | |
| Centerstone | |
| Equipment | |
| Hospitality} | |
| Centerstone | |
| Inventory | |
| Hospitality | |
| Centerstone | |
| Receivables | |
| Hospitality | |
| Centerstone | |
| Payroll | |
| Hospitality | |
| Centerstone | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Centerstone | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Centerstone | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Centerstone | |
| Operations | |
| 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) |
| Centerstone | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Centerstone | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Centerstone | |
| International Expansion | |
| Hospitality | |
| Centerstone | |