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Entrepreneur: Start & Grow Your Business

Wyndham Hotels and Resorts

Hotels

Background

Founded: 1981 Franchising since: 1996
22 Sylvan Wy.
Parsippany, New jersey 07054
Phone:
(973)753-6000


Franchisor has 115 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 59 1 25 0
2008 57 2 23 0
2007 60 1 14 0
2006 58 2 10 17
2005 66 2 10 23

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, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Worldwide

Exclusive territories available.

Costs and Fees

Total investment: $4.5M-58.1M
Franchise fee: $35K-225K
Ongoing royalty fee: 5%
Term of agreement: 15-20 years, renewable
Express/kiosk option available

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:
  • General business experience

Operations
  • 12% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 10 - 15
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2 days
  • Regional workshops : 1-3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Security/safety procedures
  • Field operations/evaluations

Marketing Support
  • National media

Other marketing support
  • B2B, print advertising/marketing

Rankings

Franchise 500® rank:
#491 (2008); #351 (2007);