Start-Up Costs and Fees |
||
| Trend Hotels and Suites by My Place | Howard Johnson | |
| Investment | 180050 - 2848700 | 336552 - 9898595 |
| Franchise Fee | ||
| Royalty Fee | up to 5% | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 0 | 1925 |
| Year Franchised | 0 | 1954 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Trend Hotels and Suites by My Place | Howard Johnson | |
| Experience | ||
Financing Options |
||
| Trend Hotels and Suites by My Place | Howard Johnson | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Trend Hotels and Suites by My Place | Howard Johnson | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, National media, Regional advertising | |
| Operations | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Trend Hotels and Suites by My Place | Howard Johnson | |
| 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 | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Franchise Fee | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Royalty Fee | |
| Trend Hotels and Suites by My Place | up to 5% |
| Howard Johnson | 4.50% |
| Advertising Fee | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | 4% |
| Year Founded | |
| Trend Hotels and Suites by My Place | 0 |
| Howard Johnson | 1925 |
| Year Franchised | |
| Trend Hotels and Suites by My Place | 0 |
| Howard Johnson | 1954 |
| Term Of Agreement | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | 15-20 years |
| Renewal Fee | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
Business Experience Requirements |
|
| Experience | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
Financing Options |
|
| Franchise Fees | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Start-up Costs | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Equipment | |
| Trend Hotels and Suites by My Place} | |
| Howard Johnson | |
| Inventory | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Receivables | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
| Payroll | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |
Training & Support |
|
| Training | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | Regional workshops |
| Support | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | Co-op advertising, National media, Regional advertising |
| Operations | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Trend Hotels and Suites by My Place | 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 |
| Howard Johnson | |
| Canada Expansion | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | 0 |
| International Expansion | |
| Trend Hotels and Suites by My Place | |
| Howard Johnson | |