Microtel Inn & Suites by Wyndham

Microtel Inn & Suites by Wyndham

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Promoted Opportunities

Initial Investment

LOW: $4,343,815
HIGH: $6,745,386

Change in Units

+0.6% +2 UNITS (1 Year)
+8.1% +25 UNITS (3 Years)

Company Profile

Founded

1987

Franchising Since

1988 (29 Years)

Corporate Address

22 Sylvan Wy. Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

About Microtel Inn & Suites by Wyndham

As a part of U.S. Franchise Systems Inc., Microtel Inns & Suites offers more than 150 affordable locations across the country.

Offering free cable TV and mattresses approved by the American Chiropractic Association, Microtel’s MicroSaver rooms start as low as $35 per night and have queen size beds and built-in furniture.

Financials

Financial Requirements

Initial Investment

$4,343,815 - $6,745,386

Ongoing Fees

Initial Franchise Fee

$40,000

Ongoing Royalty Fee

6%

Ad Royalty Fee

2%

Financing Options

Microtel Inn & Suites by Wyndham offers in-house financing to cover the following: startup costs, equipment

Microtel Inn & Suites by Wyndham has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units worldwide.

Operations & Franchisor Support

Training Onsite: 3-4 days

Training at headquarters: 4 days

Additional Training: At regional locations

Ongoing Support
Newsletter
Meetings
Toll-Free Line
Grand Opening
Internet
Security
Field Operations

Marketing Support
Co-op Advertising
Regional Media
National Media

Absentee Ownership Allowed

Number of employees required to run: 12 - 20

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Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 30th, 2016

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