Question 1

How much does it cost to open a Howard Johnson franchise?

Accepted Answer

The total initial investment for a Howard Johnson franchise ranges from $347K to $11.5M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Howard Johnson franchise fee?

Accepted Answer

The initial franchise fee for Howard Johnson is $35K.

Question 3

What are the net worth requirements for a Howard Johnson franchise?

Accepted Answer

Net worth requirements for Howard Johnson are specified in the Franchise Disclosure Document.

Question 4

Does Howard Johnson require a personal guarantee?

Accepted Answer

Yes, Howard Johnson requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Howard Johnson franchise?

Accepted Answer

Equipment costs for a Howard Johnson franchise range from $116K to $616K. Initial inventory costs range from $7K to $298K.