Start-Up Costs and Fees |
||
| MHO Hotel | La Quinta | |
| Investment | 59400 - 1238000 | 3822657 - 12901630 |
| Franchise Fee | 0 | |
| Royalty Fee | 4-4.5% | |
| Advertising Fee | 4.50% | |
| Year Founded | 2020 | 1968 |
| Year Franchised | 2020 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| MHO Hotel | La Quinta | |
| Experience | General business experience | |
Financing Options |
||
| MHO Hotel | La Quinta | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| MHO Hotel | La Quinta | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| MHO Hotel | La Quinta | |
| 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 | |
| MHO Hotel | |
| La Quinta | |
| Franchise Fee | |
| MHO Hotel | |
| La Quinta | |
| Royalty Fee | |
| MHO Hotel | |
| La Quinta | 4-4.5% |
| Advertising Fee | |
| MHO Hotel | |
| La Quinta | 4.50% |
| Year Founded | |
| MHO Hotel | 2020 |
| La Quinta | 1968 |
| Year Franchised | |
| MHO Hotel | 2020 |
| La Quinta | 2001 |
| Term Of Agreement | |
| MHO Hotel | |
| La Quinta | 20 years |
| Renewal Fee | |
| MHO Hotel | |
| La Quinta | |
Business Experience Requirements |
|
| Experience | |
| MHO Hotel | |
| La Quinta | General business experience |
Financing Options |
|
| Franchise Fees | |
| MHO Hotel | |
| La Quinta | |
| Start-up Costs | |
| MHO Hotel | |
| La Quinta | |
| Equipment | |
| MHO Hotel} | |
| La Quinta | |
| Inventory | |
| MHO Hotel | |
| La Quinta | |
| Receivables | |
| MHO Hotel | |
| La Quinta | |
| Payroll | |
| MHO Hotel | |
| La Quinta | |
Training & Support |
|
| Training | |
| MHO Hotel | |
| La Quinta | |
| Support | |
| MHO Hotel | |
| La Quinta | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| MHO Hotel | |
| La Quinta | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| MHO Hotel | |
| La Quinta | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| MHO Hotel | 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 |
| La Quinta | |
| Canada Expansion | |
| MHO Hotel | |
| La Quinta | |
| International Expansion | |
| MHO Hotel | |
| La Quinta | |