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Wednesday
May122010

Days Inns Worldwide Franchise

Hotel chain offering lodging for families and business travelers

Cecil B. Day opened his first hotel in Tybee Island, Georgia, in 1970. Since then, Days Inns Worldwide had grown into a network of nearly 2,000 USD franchised hotels located near airports, large cities and resorts worldwide.

Days Inns is a subsidiary of Cendant Corporation and has locations throughout the United States as well as worldwide.

Start-up Costs & Franchises Fees

What is the total cost to open a Days Inns Worldwide Franchises?

Total Cost: $4,069,000 USD -$6,700,000 USD
Total Franchise Fees: Not Available
Ongoing Royalty Fees: 5%
Ongoing Advertising Fees: Not Available
Term of Agreement: 15-20 years

Contact Information for Days Inns Worldwide

Days Inns Worldwide
1 Sylvan Wy.
Parsippany, NJ
07054

Phone Number: (973) 753-6590
Toll Free: (800)758-8999
Fax Number: (800)643-2107

Franchise Homepage:

Days Inns Worldwide In the Press

No results at this time.

Historical Expansion

In what year did Days Inns Worldwide begin operations? 1970
When did Days Inns Worldwide begin selling franchises? 1972

Year United States Canada International Corporate
2005 1728 81 65 0
2004 1757 79 60 0
2003 1766 76 61 0
2002 1820 75 47 0
2001 1808 75 53 0

Future Expansion

Countries of Interest:

Franchise Financing Information

Cost In House Financing Available? 3rd Party Financing Available?
Franchise Fee No No
Initial Start-up Capital Yes No
Plant, Property, and Equipment Yes No
Inventory Yes No
Accounts Receivable Yes No
Payroll Yes No

Other Sources for Financing: Development incentives

Training & Support

Training
Regional workshops
Support
In the Pressletter, Meetings, Toll free phone number, Grand opening support, Internet referrals, Safety and Security procedures, Field support and site evaluation, Purchasing cooperatives
Marketing
Cooperative advertising, National media, Regional advertising support

Franchise Operation Restrictions

International franchise business owners required to buy multiple units/master licenses; 30% of all franchise business owners own more than one franchise location.

Absentee ownership of franchise is allowed.

11 Other Franchises in this Family

Franchise Analyzer Professional's Inside Information

Can you buy this franchise for no money down? Yes
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes
Please note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.