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Entrepreneur: Start & Grow Your Business

Park Plaza Hotels and Resorts

Hotels

Background

Founded: 1986 Franchising since: 1993
P.O. Box 59159
Minneapolis, Minnesota 55459-8205
Phone:
(800)336-3301/ (763)212-3475


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

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2007 5 3 33 3
2006 6 3 29 4
2005 10 1 26 0

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

Exclusive territories available.
Territory size: Varies

Costs and 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-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

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 and 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