Super 8 Franchise For Sale - Worldwide Hotel
Super 8 Franchise Opportunities
Super 8 Worldwide, formerly Super 8 Motels, is the world's largest budget hotel chain, with hotels in the United States, Canada and China. The company is a subsidiary of Wyndham Worldwide, formerly a part of Cendant.
As of May 2014, the company website listed 2,392 hotels worldwide. As per the 2006 company reports, Super 8 had 2,039 properties open with 123,982 rooms in the US and Canada. Super 8 Worldwide entered the China market in 2004 by opening a Super 8 hotel in Beijing. By 2011, there are 680 Super 8 hotels mainly located in major cities of China.
Super 8 now offers guests standard amenities at every motel and hotel, including a continental breakfast, wireless Internet access, hair dryers, coffee makers, and a lobby area. Some locations have pools and meeting rooms. A few of the larger Super 8's have restaurants.
Financial Requirements for Super 8
How much does Lapels franchise cost?
Lapels has the franchise fee of up to $25,000, with total initial investment range of $209,638 to $4,444,3870.
Initial investments: $209,638 - $4,444,387
Liquid Cash Requirement:
Initial Franchise Fee: $25,000
Ongoing Royalty Fee: 5.5%
Ad Royalty Fee: 3%
On-The-Job Training: 3 - 4 days
Classroom Training: 4 days
Additional Training: Regional workshops; customized property training
Number of Employees Required to Run:
Super 8 Franchise Info: https://development.wyndhamhotels.com
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- Starting investments from:$209,638
- Company type:Hotel
- Company foundation year:1974
- Year of launching the franchise:1976
- Franchise enterprises:2,825
- Corporate Address:22 Sylvan Wy. Parsippany, NJ 07054, USA