Wingate Inn and Wingate FDD Summary
Type of Business
The franchisee will operate a Wingate by Wyndham® guest lodging facility franchise offering overnight accommodations and related services.
Corporate Information
Wingate Inns International, Inc. is a Delaware corporation, incorporated on February 27, 1995 as General Franchise Systems, Inc. They are a subsidiary of Wyndham Hotel Group, LLC, a Delaware limited liability company, which is wholly owned by Wyndham Worldwide Corporation, a Delaware corporation. Their principal business address is 22 Sylvan Way, Parsippany, New Jersey 07054.
Investment
The total investment necessary to begin operation of a Wingate by Wyndham franchise for a 99 room new construction facility ranges from $6,722,858 to $10,484,474. The total investment necessary to begin operation of a Wingate by Wyndham franchise for a 100 room conversion facility ranges from $305,685 to $3,925,045. Land acquisition costs are not included in these ranges. The above amounts include a range of $46,000 to $75,800 that must be paid to the franchisor or an affiliate.