|
Woodfield Suites
250 E. Wisconsin Ave., # 1750
Milwaukee, WI 53202
800#:
Tel: (414) 905-1376
Fax: (414) 905-2496
E-Mail: [email protected]
Web Site: www.budgetelinns.com
Contact: Mr. Daniel Daniele, SVP Franchise Develop.
WOODFIELD SUITES is positioned to appeal to both business and longer term business travelers offering many amenities - complimentary executive continental breakfast, complimentary hospitality and Jacuzzi suites and fully-equipped kitchens available in all suites, including a microwave, oven, refrigerator, coffeemaker. Suites also include an ironing board, hair dryer and voice mail.
Franchisor Background
Established: 1988
First Franchise: 1998
Franchise Units:
Company-Owned Units: 8
Total Units: 8
Distribution:
U.S. -- 8;
Canada -- 0;
International -- 0
�North America -- Operations in 5 States
�States/Provinces with Greatest Density: 3 in WI, 1 in IL, 1 in TX
Projected New Units Over Next 12 months:0
Franchisee Qualifications:5, 5, 3, 2, 1, 3
(Click here for an explanation)
Registered in Following Registration States: All States
Average Number of Employees: 9 FT, 18-23 PT (FT = Full Time, PT = Part Time)
Space Needs: 130,680 (3ac) SF; FS
(Click here for abbreviations)
Encourage Conversion: Yes
Financial Requirements
Cash Investment: $70%
Total Investment: $8.6-9.8MM
Average Total Investment: $9,200.0K
Minimum Net Worth: $8-9MM
Fees
�Franchise: $30K;
�Average Franchise Fee: $30.0K
�Royalty: 4.5%
�Average Royalty: 4.5%
�Advertising: 1%
Provide Earning Claim Statement: No
Terms of Contract
Term of Contract (Years): 20/0
Passive Ownership: Allowed
Area Development Agreements: No
Sub-Franchising Contracts: No
Expand In Territory: Yes
Franchisor Support and Training Provided
Site Selection Assistance: Yes
Lease Negotiation Assistance: No
Financial Assistance: No
Cooperative Advertising: Yes
Franchisee Association / Member: No
Size Of Corporate Staff: 4
On-Going Support: C,d,e,h,I (Click here for an explanation)
Training: 1 Week in Milwaukee, WI.
Franchisor's Specific Expansion Plans
U.S.: All United States
Canada: No
Overseas: No
Note: NR = No Response by Franchisor.
Click here for a sample questionnaire.
|
New
Search: Alphabetical
| Industry
Type | Average
Total Investment | Average
Franchise Fee | Total
Units
|
|