Super 8

Super 8

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Promoted Opportunities

#306

Initial Investment

LOW: $124,172
HIGH: $3,976,946

Change in Units

+6.2% +158 UNITS (1 Year)
+13.6% +325 UNITS (3 Years)

Company Profile

Founded

1974

Franchising Since

1976 (41 Years)

Corporate Address

22 Sylvan Wy. Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

About Super 8

Super 8's name is derived from its original room rate--$8.88 per night--when the first location opened in 1974 in Aberdeen, South Dakota. Since Super 8 began franchising in 1976, the motel chain has grown to more than 2,000 locations throughout the United States and Canada.

Super 8's parent company, Wyndham Worldwide, also owns Travelodge Hotels, Days Inn Worldwide, Howard Johnson Int'l., Ramada Worldwide, Knights Franchise Systems, Wingate by Wyndham, Baymont Inns & Suites, Microtel Inns & Suites, Hawthorn Suites, and Wyndham Hotels & Resorts.

Financials

Financial Requirements

Initial Investment

$124,172 - $3,976,946

Ongoing Fees

Initial Franchise Fee

$25,000 - $25,500

Ongoing Royalty Fee

5.5%

Ad Royalty Fee

3%

Financing Options

Super 8 offers in-house financing to cover the following: franchise fee, startup costs

Super 8 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: Regional workshops; customized property training

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

Marketing Support
Co-op Advertising
National Media
Regional Media

Absentee Ownership Allowed

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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 21st, 2016

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