| Homewood Suites by Hilton 9336 Civic Center Dr. Beverly Hills, CA 90210 |
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| Operating Units: | |||||||||||||||||||||||||||||||
Franchised Units: | 156 | 79.6% | |||||||||||||||||||||||||||||
| Company-Owned Units: | 40 | 20.4% | |||||||||||||||||||||||||||||
Total Operating Units: | 196 | 100.0% | |||||||||||||||||||||||||||||
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| Density | Units |
| 1. Texas | 31 |
| 2. Florida | 16 |
| 3. California | 10 |
| Investment: | |
| Minimum Net Worth: | $50K/Rm. |
| Cash Investment: | $Varies |
| Total Investment: | $10.6-15.6MM |
| Average Total Investment: | $13100K |
| Fees: | |
| Initial Franchise Fee: | $60K Min. |
| Average Franchise Fee: | $60K |
| On-Going Royalty: | 4% Gross Rm. Rev |
| Average Royalty: | 4% |
| Advertising Fee: | 4% GrRmRev |
| Franchisee Qualifications | |||||||||
Ranked from 1 (unimportant) to 5 (important): | |||||||||
| Financial Net Worth: | 5 | ||||||||
| General Business Experience: | 5 | ||||||||
| Specific Industry Experience: | 5 | ||||||||
| Formal Education: | 3 | ||||||||
| Psychological Profile: | 1 | ||||||||
| Personal Interview(s): | 3 | ||||||||
| Terms of Contract | |||||||||
| Term of Initial Contract: | 22 Year(s) | ||||||||
| Term of Renewal Period: | 10-20 Year(s) | ||||||||
| Passive Ownership: | Allowed | ||||||||
| Area Development Agreements? | No | ||||||||
| Sub-Franchising Contracts? | No | ||||||||
| Franchisees Allowed to Expand Within Territory? | Yes | ||||||||
| Support and Training | |||||||||
| International Franchise Association: | Yes | ||||||||
| Canadian Franchise Association: | No | ||||||||
| Franchisee Association/Member: | No | ||||||||
| Size of Corporate Staff: | 2332 | ||||||||
| Site Selection Assistance? | No | ||||||||
| Lease Negotiation Assistance? | Yes | ||||||||
| Financial Assistance? | Yes, Indirect | ||||||||
| Marketing Support: | |||||||||
| Co-Op Advertising: | Yes | ||||||||
| National Advertising: | No | ||||||||
| Regional Advertising: | No | ||||||||
| Local Advertising: | No | ||||||||
| Marketing Materials: | None Specified | ||||||||
| Additional Services: | None Specified | ||||||||
| Other Marketing Support: | None Specified | ||||||||
| On-Going Support: | |||||||||
| Central Data Processing: | Not Applicable | ||||||||
| Central Purchasing: | Not Applicable | ||||||||
| Field Operation Evaluation: | Included in Fees | ||||||||
| Field Training: | Included in Fees | ||||||||
| Initial Store Opening: | Included in Fees | ||||||||
| Inventory Control: | Not Applicable | ||||||||
| Franchisee Newsletter: | Included in Fees | ||||||||
| Regional or National Meetings: | At Additional Cost | ||||||||
| 800 Telephone Hotline: | Included in Fees | ||||||||
| Training: | |||||||||
| 1. Memphis, TN | 2 Weeks | ||||||||
| Expansion Plans | |||||||||
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Submit an online form to receive information from Homewood Suites by Hilton.
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