Ramada Worldwide Franchise Opportunity

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Capital investments in one Ramada Worldwide franchise will be yours in just a small period of time giving you more time to focus on improvements and other profitable business venture with the company.

With the mid-market category under its belt, Ramada Worldwide is more than capable of giving the success in franchise business that you’ve been looking for.

Location has played a significant role for the Ramada franchises all over the world. Great positioning and feasibility studies have made the company renowned to clients who want hospitality at its best.

But before you can acquire a franchise deal with Ramada Worldwide, here are several things that you need to know.

Do you fit the net worth requirement for a franchisee? This is important to know so that you’ll be able to tell if you can run the business. However, the company website failed to mention the exact need liquid capital to start one franchise.

If you do not have the required capital yet, the franchisor offers financing through partner banks as long as you are a qualified franchisee. To become qualified, you should pass the psychological evaluation test and must have a previous business experience. Ramada Worldwide also offers its first time franchisees with a business development incentive for the construction of new Hotel sites or other franchises. However, this will only be available to qualified developers under the minority block.

On the other hand, the total franchise capital needed to construct one Ramada Worldwide can cost you around $382,000 to $10,100,000. The amount varies on the kind of franchise that you wish to put up. You can choose from Ramada Inns for mid-market segment with basic amenities like lounges, restaurants, and swimming pools available for costumers. Ramada Limited on the other hand is for the budget clients. The company also has the upscale market franchise, called Ramada Plaza.

The franchising fee will cost around $35,000 with an additional $350 per authorized guest room. The amount will cover all franchise training expenses and franchise advertising solutions.

One of the weak points of the franchise system is that it is losing units in terms of franchising growth. However, the company remains firm that it can make a comeback. It also said that it can offer franchisees a stronger franchise deal with the mother company, Wyndham Hotel Group.

A good name recall will also serve as a good business start for new franchisees like you. Its high Internet marketing and visibility has made it competitive against other hotels in the market. The range of service from high-class to budget-class markets makes Ramada Worldwide a flexible market application just when you need it.

So, there’s no other hotel franchise that is better than Ramada Worldwide in terms of market offerings both to its clients and franchisees. Investing in this business model is always a sure ways to have a success in business.

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Ramada Worldwide Franchise Opportunity

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