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Entrepreneur: Start & Grow Your Business

Park Plaza and Park Inns

Midscale/upscale hotels

Background

Founded: 1986 Franchising since: 1993
P.O. Box 59159
Minneapolis, Minnesota 55459-8203
Phone:
(763)212-6609


Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 N/A N/A N/A N/A
2006 N/A N/A N/A N/A
2005 N/A N/A N/A N/A

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, United states, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming

Costs and Fees

Total investment: $70K-15M
Franchise fee: $25K-35K
Ongoing royalty fee: 4-5%
Term of agreement: Term of agreement not renewable


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No