Microtel by Wyndham

Microtel by Wyndham

Hotels
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2021 Franchise 500 Rank
#450 Ranked #302 last year
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Initial investment
$5.7M - $6.8M
Units as of 2020
346 2.7% over 3 years

Company Overview

About Microtel by Wyndham

Industry
Lodging
Related Categories
Hotels & Motels
Founded
1987
Parent Company
Wyndham Hotels & Resorts
Leadership
Geoff Ballotti, CEO
Ticker Symbol
WH

Franchising Overview

Franchising Since
1988 (33 years)
# of employees at HQ
14,200
Where seeking

This company is seeking new franchisees throughout the US.

This company is seeking new franchisees worldwide.

# of Units
346 (as of 2020)

Franchisor Information

Corporate Address
22 Sylvan Wy.
Parsippany, NJ 07054

Information for Franchisees

Here’s what you need to know if you’re interested in opening a Microtel by Wyndham franchise.

Financial Requirements & Ongoing Fees

Here’s what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.

Initial Franchise Fee
$43,000
Initial Investment
$5,709,119 - $6,799,356
Royalty Fee
6%
Ad Royalty Fee
2%
Term of Agreement
20 years
Is franchise term renewable?
Yes

Financing Options

Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.

In-House Financing
Microtel by Wyndham offers in-house financing to cover the following: franchise fee, startup costs, inventory
Third Party Financing
Microtel by Wyndham has relationships with third-party sources which offer financing to cover the following: equipment, inventory

Training & Support Offered

Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.

On-The-Job Training
Up to 30 hours
Classroom Training
38-70 hours
Additional Training
At regional locations
Ongoing Support
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Franchisee Intranet Platform
Marketing Support
Co-op Advertising
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App

Operations

Additional details about running this franchise.

Is absentee ownership allowed?
No
Can this franchise be run from home/mobile unit?
No
Can this franchise be run part time?
No
# of employees required to run
12
Are exclusive territories available?
Yes

Franchise 500 Ranking History

Compare where Microtel by Wyndham landed on this year’s Franchise 500 Ranking versus previous years.

Additional Rankings

Curious to know where Microtel by Wyndham ranked on other franchise lists? Find out below.

Ranked #450

Franchise 500 Ranking

Ranked #157

Top Global Franchises

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise by Entrepreneur Media. Our franchise listings and rankings are solely research tools you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise. That should include reviewing the franchisor's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees.
Updated: February 8th, 2021