Question 1

How much does it cost to open a Wingate by Wyndham franchise?

Accepted Answer

The total initial investment for a Wingate by Wyndham franchise ranges from $11.3M to $16.1M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Wingate by Wyndham franchise fee?

Accepted Answer

The initial franchise fee for Wingate by Wyndham is $36K.

Question 3

What are the net worth requirements for a Wingate by Wyndham franchise?

Accepted Answer

Net worth requirements for Wingate by Wyndham are specified in the Franchise Disclosure Document.

Question 4

Does Wingate by Wyndham require a personal guarantee?

Accepted Answer

Yes, Wingate by Wyndham requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a Wingate by Wyndham franchise?

Accepted Answer

Equipment costs for a Wingate by Wyndham franchise range from $925K to $1.0M. Initial inventory costs range from $311K to $326K.