Ramada Plaza Hotel FDD Summary
Type of Business
The franchisee will operate a Ramada® guest lodging facility franchise offering overnight accommodations and related services.
Corporate Information
Ramada Worldwide Inc. is a Delaware corporation, incorporated on August 10, 1989. They are a subsidiary of Wyndham Hotel Group, LLC, a Delaware limited liability company, which is 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 Ramada franchise for a new construction project ranges from the low end of $5,653,679 for a 100 room Ramada facility to the high end of $12,886,405 for a 150 room Ramada Plaza facility. The total investment necessary to begin operation of a Ramada franchise if you already own a facility typically ranges from the low end of $191,998 for a 100 room Ramada facility to the high end of $6,065,370 for a 150 room Ramada Plaza facility. The above amounts include a range of $57,328 to $130,327 that must be paid to the franchisor or an affiliate.