Park Plaza Hotels and Resorts

Hotels
Year began: 1986    Franchising since: 1993

P.O. Box 59159
Minneapolis, MN 55459-8205

Phone: (800)336-3301/(763)212-3475
Fax: (763)212-3401

Franchisor has 250 employee(s); 25 employee(s) in franchise department.


Franchise Growth
Year

2007
2006
2005
2004
U.S. Franchises
5
6
10
11
Canadian Franchises
3
3
1
2

Foreign Franchises
33
29
26
24
Company
Owned

3
4
0
0

Where Seeking Franchisees
Nationwide

Worldwide

Exclusive territories available.
Territory size: Varies

Costs & Fees
Total investment: $193.99K-1.2M
Franchise fee: Varies
Ongoing royalty fee: 5%
Term of agreement: 15 years, not renewable
Type of Financing Available
In-HouseThird Party
Franchise FeeNoNo
Startup CostsNoNo
EquipmentNoNo
InventoryNoNo
Accounts ReceivableNoNo
PayrollNoNo
Qualifications
Business Experience:
  • Industry experience
  • General business experience
  • Marketing skills

Operations
  • Number of employees needed to run franchised unit: 40
  • Absentee ownership of franchise is allowed.

Training & Support
TRAINING
  • Available at headquarters: 1 day
  • At franchisee's location: 1 day
  • Omaha reservation center: 2 days

ONGOING SUPPORT
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations
  • Purchasing cooperatives

MARKETING SUPPORT
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Rankings in Entrepreneur magazine 2004-2008
Franchise 500® rank:
#406 (2004);

Last Updated: 8/25/2008 12:00:00 AM



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