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Wyndham Hotels and Resorts franchise financing options

Compare costs, fees and where to get financing for a Wyndham Hotels and Resorts.

Overall costs for Wyndham Hotels and Resorts run anywhere from $6,626,855 to $8,668,550. See how the costs break down and what funding options might be right for your new venture into the franchise foray.

Estimated initial costs

Our cost estimates are accurate as of 2021 from Franchise Direct and include opening fees and expenses only. The location you choose for your Wyndham Hotels and Resorts franchise may result in higher or lower fees.

Equipment fees

Equipment fees total $4,834,803 for Wyndham Hotels and Resorts. This costs more than the $180,023 average for the top 200 franchises.
Equipment Cost
Furniture, fixtures and equipment $4,638,781 to $4,835,825
Signage $45,000 to $150,000
Estimated total $4,683,781 to $4,985,825

Training fees

Wyndham Hotels and Resorts initial training costs total $4,193, which comes in under the nationwide average of $9,788.
Training Cost
Training expense $1,294 to $7,092
Estimated total $1,294 to $7,092

Inventory costs

Initial inventory for Wyndham Hotels and Resorts shakes out to $874,770. This is more expensive than the nationwide average of $53,119.
Inventory Cost
Opening inventory and supplies $813,579 to $935,961
Estimated total $813,579 to $935,961

Marketing costs

Advertisement and marketing costs total up to $31,000 for Wyndham Hotels and Resorts, which is more than the nationwide average of $9,938.
Marketing Cost
Market study $12,000 to $50,000
Estimated total $12,000 to $50,000

Licenses and permits costs

Wyndham Hotels and Resorts initial licenses and permits will set you back $201,000. This comes out to more than $18,770 — the overall nationwide average.
Licenses and permits Cost
Liquor license $2,000 to $400,000
Estimated total $2,000 to $400,000

Insurance costs

Initial insurance costs for Wyndham Hotels and Resorts run $45,000. This means you'll be paying more than the overall nationwide average of $6,311.
Insurance Cost
Insurance $35,000 to $55,000
Estimated total $35,000 to $55,000

Personnel costs

Uniforms, name tags and the like make up personnel costs, and for Wyndham Hotels and Resorts it will run you $752,199. The nationwide average cost of personnel fees comes in at $22,818, which means you'll be paying more than average to outfit your employees.
Personnel Cost
Pre-opening wages $501,466 to $1,002,932
Estimated total $501,466 to $1,002,932

Other expenses

Miscellaneous expenses for Wyndham Hotels and Resorts total $904,738 — more than the nationwide average of $69,970.
Other Cost
Three months' additional funds $577,735 to $1,231,740
Estimated total $577,735 to $1,231,740
All costs were found using the 200 largest franchises nationwide using Franchise Direct's list of more than 300 franchises, and are accurate as of 2021.

How to finance

Since the estimated total for Wyndham Hotels and Resorts is on the more costly side, we recommend following these steps to get fully financed:
  1. Go to the Wyndham Hotels and Resorts franchising website and review its financial requirements, including cash-on-hand requirements.
  2. Reach out to Wyndham Hotels and Resorts about in-house financing for franchisees.
  3. If in-house financing isn't available, look for online loans, bank loans and SBA loans to help meet the $7,647,703 estimated opening costs.
  4. Compare lenders based on amounts, interest rates and what types of personal and business credit history they accept.
  5. Once you settle on a lender, gather all required documents, including account statements and assets.
  6. Apply for financing online or in person as required by the lender.

What types of financing is available?

You have several options when it comes to financing a Wyndham Hotels and Resorts — even if the cost is on the heavier side. What assets you have available will largely determine how much you need to borrow, and which option suits you best.
  • Online loan. A number of online business lenders offer amounts up to $1 million, with some extending up to $5 million.
  • Bank loan. Your personal credit will typically need to at least be good — 670 or higher — when it comes to getting a bank loan large enough to cover a significant portion of Wyndham Hotels and Resorts opening costs.
  • SBA loan. While your personal credit score doesn't need to be as good to qualify for an SBA loan, they usually cost more than standard term loans from banks or online lenders.
Also check if Wyndham Hotels and Resorts franchise financing is available. You may be able to get some of the costs covered for less than you would with other traditional funding options.

Compare small business lenders

You may not need financing to cover the estimated $6,626,855. But if you need funds for other business ventures, select the loan amount, your time in business and revenue and your personal credit score to compare a selection of lenders.
Name Product Filter Values Min. Amount Max. Amount Requirements
Biz2Credit business loans
$25,000
$6,000,000
6+ months in business; $100,000+ monthly revenue; 500+ credit score
Get only the capital you need through secure, prescreened lenders with this highly rated company offering SBA, expansion, working capital and other loans.
OnDeck short-term loans
$5,000
$250,000
600+ personal credit score, 1 year in business, $100,000+ annual revenue, active business checking account
A leading online business lender offering flexible financing at competitive fixed rates.
Fora Financial business loans
$5,000
$500,000
6+ months in business, $12,000+ monthly revenue, no open bankruptcies
Get qualified for funding in minutes for up to $500,000 without affecting your credit score. Best for companies with at least six figures in annual revenue.
Lendio business loans
$500
$5,000,000
Operate business in US or Canada, have a business bank account, 560+ personal credit score
Submit one simple application to potentially get offers from a network of over 300 legit business lenders.
ROK Financial business loans
$10,000
$5,000,000
Eligibility criteria 3+ months in business, $15,000+ in monthly gross sales or $180,000+ in annual sales
A connection service for all types of businesses — even startups.
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Compare up to 4 providers

How Wyndham Hotels and Resorts stacks up

Compare how Wyndham Hotels and Resorts holds up against two similarly sized franchises.
Unishippers Global Logistics Wyndham Hotels and Resorts Experimax
Average Franchise fees NA NA $49,500
Average Equipment fees $6,750 $4,834,803 $82,400
Average Real estate fees NA NA $1,750
Average Training fees NA $4,193 NA
Average Inventory fees NA $874,770 $19,000
Average Marketing fees NA $31,000 $12,500
Average Licenses and permits fees NA $201,000 NA
Average Insurance fees NA $45,000 $1,500
Average Admin fees $4,000 NA $1,250
Average Personnel fees NA $752,199 NA
Average Other fees NA $904,738 $62,500

Bottom line

Wyndham Hotels and Resorts franchise costs run a total of $7,647,703. Before you decide to become a franchisee, compare the total costs against industry averages. And to learn more about financing read our guide to franchise financing.

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