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 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 100 room new construction facility ranges from $6,760,653 to $10,310,238. The total investment necessary to begin operation of a Wingate by Wyndham franchise for a room conversion facility ranges from $297,141 to $3,742,638 Land acquisition costs are not included in these ranges. The above amounts include a range of $63,971 to $115,113 that must be paid to the franchisor or an affiliate.