Unscripted by Hyatt provides lifestyle resort or city center hotel services under a separate tradename owned by the franchisee, but affiliated with the Hyatt brand. The franchise offers a hospitality affiliation for unique properties reflecting the local market, providing accommodations, F&B, and related guest services.
Key Insights
- Unscripted by Hyatt began with a strategic focus on creating sustainable business practices that benefit all stakeholders, including customers, franchisees, and communities, while establishing systems that support long-term growth and operational excellence across multiple markets.
- Dining atmosphere combines carefully designed ambiance with comfortable seating and appropriate lighting to create environments suitable for various occasions, from casual meals to special celebrations, ensuring that guests feel welcome and comfortable throughout their dining experience.
- Industry trends favor businesses that can adapt quickly to changing regulations, customer preferences, and market conditions while maintaining quality standards, creating competitive advantages for organizations that invest in training, technology, and customer-focused service approaches.
Franchise Fee and Costs to Open
Exploring the financial picture of Unscripted by Hyatt gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $1,017,703 - $11,805,961, along with a franchise fee of $75,000 - $100,000.
Financial Performance and Revenue
Training and Resources
Tim Ho Wan provides comprehensive training for new franchisees. This initial program, lasting several weeks, takes place at a designated Tim Ho Wan training location. The franchisor offers extensive resources covering operational procedures, product preparation, and customer service standards. Tim Ho Wan also recommends ongoing support and access to a network of experienced operators.
Legal Considerations
Legal considerations for a Unscripted by Hyatt franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Tim Ho Wan franchise involves navigating a competitive local dining landscape, where establishing a unique position requires careful attention. The brand's signature dim sum demands consistent quality, presenting operational complexities in maintaining culinary standards and staff training. Reliance on specific ingredient sourcing for authentic flavors also warrants a robust understanding of supply chain management to ensure availability and freshness.
Franchise Datasheet
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