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Ramada Franchise Systems
339 Jefferson Rd., P.O. Box 278
Parsippany, NJ 07054
800#:
Tel: (973) 428-9700
Fax:
E-Mail: [email protected]
Web Site: www.ramada.com
Contact: Mr. John Osborne, EVP Franchise Sales
RAMADA is proud to have nearly 900 properties in the United States and Canada. The RAMADA brand was created in Flagstaff, AZ in 1954. In 1990, the brand was acquired by Cendant Corporation, formerly HFS Inc. RAMADA FRANCHISE SYSTEMS is a subsidiary of Cendant Corporation (NYSE: CD).
Franchisor Background
Established: 1954
First Franchise: 1989
Franchise Units: 893
Company-Owned Units: 0
Total Units: 893
Distribution:
U.S. -- 822;
Canada -- 71;
International -- 0
-North America -- Operations in 48 States, 8 Provinces
-States/Provinces with Greatest Density: 90 in CA, 67 in FL, 64 in TX
Projected New Units Over Next 12 months: NR
Franchisee Qualifications: 3, 2, 4, 1, 1, 5
(Click here for an explanation)
Registered in Following Registration States: All States and AB (Click here for an explanation)
Average Number of Employees: 75% FT, 25% PT (FT = Full Time, PT = Part Time)
Space Needs: 18.-2.4 Acres SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $384K-8.3MM
Total Investment: $NA
Average Total Investment: $-1.0K
Minimum Net Worth: $NA
Fees:
-Franchise: $35Kor $350/RM
-Average Franchise Fee: $35.0K
-Royalty: 4%
-Average Royalty: 4.0%
-Advertising: 4.5%
Provide Earning Claim Statement: Yes
Terms of Contract
Term of Contract (Years): 15 - 20
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: No
Franchisor Support and Training Provided
Site Selection Assistance: No
Lease Negotiation Assistance: No
Financial Assistance: Yes(I)
Cooperative Advertising: Yes
International Franchise Association: IFA MEMBER
Canadian Franchise Association:
Franchisee Association / Member: Yes/Yes
Size Of Corporate Staff: NA
On-Going Support: B,C,D,G,h,I (Click here for an explanation)
Training: 3-6 Days On-Site Property Opening/Training.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: All Canada
Overseas: No
Note: NR = No Response by Franchisor.
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