Ramada Franchise for Sale - Hotel
Ramada Franchise Opportunities
Ramada franchise represents an iconic brand that has been on the market since 1954. The company provides hotel services at the best available rates. Ramada by Wyndham franchise gives promising opportunities to their owners due to strong brand recognition and the largest number of airport locations worldwide. Starting a Ramada hotel franchise, an entrepreneur commits to share the company's vision and values. Which means to give time and help to the franchise partners. If you are thinking about how to own one of Ramada Worldwide franchises offered for sale, contact us. We will provide you with Ramada franchise requirements, cost and profit details, and franchise investment information.
How to open a Ramada franchise?
- Ensure you have adequate capitalization.
In order to open a Ramada hotel franchise, you must have a net worth of more than $212,973.
- Appreciate the investment required for a hotel franchise.
You will need to consider real estate costs, the cost of equipment and signs, the costs of licenses and permits, the cost of insurance, etc.
- Evaluate your prior experience and strengths.
You should thoroughly evaluate your prior business experience before applying to become Days Inn Worldwide by Wyndham franchise owner.
- Assess market availability.
You will want to look at the market availability for Ramada franchises and see if there are available markets in your location of interest before proceeding with the franchising application.
- Submit your application.
Your application will be reviewed by the Ramada franchise team. You will be emailed a confirmation receipt upon reception of your online application, where we will additionally provide the contact details of the franchise owner.
- Receive approval & opening your Ramada franchise.
You will receive franchise approval once your financial and background checks are completed. Approval will only be given to candidates who meet all the requirements of franchise owners.
How much does Ramada franchise cost?
Ramada has the franchise fee of up to $35,000, with a total initial investment range of $212,973 to $14,150,558.
Initial Investment: $212,973 - $14,150,558
Net-worth Requirement: $212,973
Initial Franchise Fee: $35,000 - $39,500
Ongoing Royalty Fee: 4.5%
Ad Royalty Fee: 4%
On-The-Job Training: 3 - 4 days
Classroom Training: 4 days
Additional Training: Regional workshops, property training
Number of Employees Required to Run: 10 - 15
Ramada Franchise Info: https://development.wyndhamhotels.com/brand/ramada-worldwide-by-wyndham/
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Starting investments from:$212,973
- Company foundation year:1954
- Year of launching the franchise:1990
- Franchise enterprises:871
- Corporate Address:22 Sylvan Wy. Parsippany, NJ 07030