Howard Johnson

Howard Johnson

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

Promoted Opportunities

Initial Investment

LOW: $162,320
HIGH: $8,731,136

Change in Units

-8.7% -36 UNITS (1 Year)
-15.3% -68 UNITS (3 Years)

Company Profile

Founded

1925

Franchising Since

1954 (63 Years)

Corporate Address

22 Sylvan Wy. Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

About Howard Johnson

With a loan of $500, Howard Dearing Johnson purchased a small patent medicine shop in Quincy, Massachusetts, in 1925. He used an old-fashioned, hand-cranked freezer in the store's basement to make vanilla, chocolate and strawberry ice cream for the shop's soda fountain. Three years later, with menu additions like hot dogs and hamburgers, he opened the first Howard Johnson's Restaurant. By 1935, there were 25 Howard Johnson ice cream and sandwich stands in Massachusetts. Five years later, with more than 100 restaurants on the Atlantic Coast, Johnson opened the first turnpike restaurant on the Pennsylvania Turnpike. In 1954, when the company operated 400 restaurants, the first Howard Johnson hotel opened in Savannah, Georgia.

Financials

Financial Requirements

Initial Investment

$162,320 - $8,731,136

Ongoing Fees

Initial Franchise Fee

$35,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

4%

Financing Options

Howard Johnson offers in-house financing to cover the following: franchise fee, startup costs

Howard Johnson 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

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

Marketing Support
Co-op Advertising
Regional Media
National Media

Related Franchises

Related Articles

The Pros and Cons of Franchising Your Business

The Pros and Cons of Franchising Your Business

Before you take the first step to turn your business into a franchise, read these advantages and disadvantages of franchising.
Rick Grossmann
Smart Tips for Growing Your Franchise

Smart Tips for Growing Your Franchise

Once you've launched your franchise, find out what more you can do to grow your business.
Rick Grossmann
How This Badminton Star is Shuttling the Right Opportunity

How This Badminton Star is Shuttling the Right Opportunity

For this sports star B comes before A, at least that's how her life unfolded.
Punita Sabharwal
What Owning a Franchise Has Taught Two Deaf Brothers About Communication

What Owning a Franchise Has Taught Two Deaf Brothers About Communication

For these brothers, business is a second language.
This Wellness Franchise Makes Sensory Deprivation Tanks Cool Again

This Wellness Franchise Makes Sensory Deprivation Tanks Cool Again

It's not just a Seattle thing.

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

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

100 franchises for under $60,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012