Start-Up Costs and Fees |
||
| Hotel RL | Microtel Inns & Suites | |
| Investment | 1335000 - 36191500 | 5709119 - 6799356 |
| Franchise Fee | ||
| Royalty Fee | 5% | 6% |
| Advertising Fee | 3.50% | 2% |
| Year Founded | 2005 | 1987 |
| Year Franchised | 2005 | 1988 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hotel RL | Microtel Inns & Suites | |
| Experience | General business experience | |
Financing Options |
||
| Hotel RL | Microtel Inns & Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hotel RL | Microtel Inns & Suites | |
| Training | ||
| 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, Regional advertising | |
| Operations | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Hotel RL | Microtel Inns & 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 | 0 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Franchise Fee | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Royalty Fee | |
| Hotel RL | 5% |
| Microtel Inns & Suites | 6% |
| Advertising Fee | |
| Hotel RL | 3.50% |
| Microtel Inns & Suites | 2% |
| Year Founded | |
| Hotel RL | 2005 |
| Microtel Inns & Suites | 1987 |
| Year Franchised | |
| Hotel RL | 2005 |
| Microtel Inns & Suites | 1988 |
| Term Of Agreement | |
| Hotel RL | |
| Microtel Inns & Suites | 20 years |
| Renewal Fee | |
| Hotel RL | |
| Microtel Inns & Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Hotel RL | |
| Microtel Inns & Suites | General business experience |
Financing Options |
|
| Franchise Fees | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Start-up Costs | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Equipment | |
| Hotel RL} | |
| Microtel Inns & Suites | |
| Inventory | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Receivables | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Payroll | |
| Hotel RL | |
| Microtel Inns & Suites | |
Training & Support |
|
| Training | |
| Hotel RL | |
| Microtel Inns & Suites | |
| Support | |
| Hotel RL | |
| Microtel Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Hotel RL | |
| Microtel Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Hotel RL | |
| Microtel Inns & Suites | 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Hotel RL | 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 |
| Microtel Inns & Suites | |
| Canada Expansion | |
| Hotel RL | |
| Microtel Inns & Suites | 0 |
| International Expansion | |
| Hotel RL | |
| Microtel Inns & Suites | |