Wingate by Wyndham

Wingate by Wyndham

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Promoted Opportunities

Initial Investment

LOW: $297,141
HIGH: $10,310,238

Change in Units

-1.3% -2 UNITS (1 Year)
-6.3% -10 UNITS (3 Years)

Company Profile

Founded

1995

Franchising Since

1995 (22 Years)

Corporate Address

22 Sylvan Wy. Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

About Wingate by Wyndham

The first Wingate Inn hotel was opened in 1996. In 2007, the company became affiliated with Wyndham Worldwide and changed its name to Wingate by Wyndham. Typical amenities include a hot breakfast buffet, high-speed internet access, 24-hour business center, fitness center and pool.

Financials

Financial Requirements

Initial Investment

$297,141 - $10,310,238

Ongoing Fees

Initial Franchise Fee

$36,000

Ongoing Royalty Fee

4.5%

Ad Royalty Fee

4%

Financing Options

Wingate by Wyndham offers in-house financing to cover the following: franchise fee, startup costs

Wingate 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 throughout the U.S. and in the following regions/states: See List

Operations & Franchisor Support

Training Onsite: 3-4 days

Training at headquarters: 4 days

Additional Training: Regional workshops, 1-3 days; customized property training, varies with fees

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

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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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