Start-Up Costs and Fees |
||
| Hotel RL | Ramada Worldwide | |
| Investment | 1335000 - 36191500 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | 5% | 4.50% |
| Advertising Fee | 3.50% | 4% |
| Year Founded | 2005 | 1954 |
| Year Franchised | 2005 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hotel RL | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| Hotel RL | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Hotel RL | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Hotel RL | Ramada Worldwide | |
| 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 |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hotel RL | |
| Ramada Worldwide | |
| Franchise Fee | |
| Hotel RL | |
| Ramada Worldwide | |
| Royalty Fee | |
| Hotel RL | 5% |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| Hotel RL | 3.50% |
| Ramada Worldwide | 4% |
| Year Founded | |
| Hotel RL | 2005 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| Hotel RL | 2005 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| Hotel RL | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| Hotel RL | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Hotel RL | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| Hotel RL | |
| Ramada Worldwide | |
| Start-up Costs | |
| Hotel RL | |
| Ramada Worldwide | |
| Equipment | |
| Hotel RL} | |
| Ramada Worldwide | |
| Inventory | |
| Hotel RL | |
| Ramada Worldwide | |
| Receivables | |
| Hotel RL | |
| Ramada Worldwide | |
| Payroll | |
| Hotel RL | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| Hotel RL | |
| Ramada Worldwide | Regional workshops |
| Support | |
| Hotel RL | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Hotel RL | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Hotel RL | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 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 |
| Ramada Worldwide | |
| Canada Expansion | |
| Hotel RL | |
| Ramada Worldwide | |
| International Expansion | |
| Hotel RL | |
| Ramada Worldwide | |