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General

Industry

Travel and Hospitality

Category

Hotel

Works with Franchise Brokers

N/A

Year of Founding

2019

Fees

Marketing Fee

NA

Royalty Fee

7%

Franchise Fee

$100,000-$100,000

Investment Range

$32.83M-$116.22M

Location units

Total U.S. Locations

14

U.S. Franchised Units

3

U.S. Corporate Units

11

Headquarters (City)

Chicago

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

N/A

Started Offering Franchises

2019

Issuance of FDD Data

03/28/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$32.83M-$116.22M

Franchise Fee

$100,000-$100,000

What to know about JdV by Hyatt franchise?

JdV by Hyatt is a travel and hospitality brand that offers services to help the client make the most of his trip. JdV by Hyatt can help the customer plan his travel, book his accommodation, and even provide concierge services to make sure everything goes smoothly. Whether the customer is looking for a place to stay for business or pleasure, JdV by Hyatt can offer him the perfect solution. With locations in major cities around the world, JdV by Hyatt can help anyone find the right place to suit their needs. JdV by Hyatt staff are experts in the field of travel and hospitality. They can offer advice on the best places to stay, the best restaurants to eat at, and even the best sights to see.

JdV by Hyatt is based in Chicago, IL. Scroll down to learn more!

How much does a JdV by Hyatt franchise cost?

Are you wondering how much is a JdV by Hyatt franchise? Before starting a JdV by Hyatt franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a JdV by Hyatt franchise is $32,825,950 and can go all the way up to $116,220,950. Keep in mind, you should also allocate additional funds to live off of while the JdV by Hyatt business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 JdV by Hyatt franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a JdV by Hyatt business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your JdV by Hyatt franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare JdV by Hyatt. Hotels to the Hotel, Outdoor Travel and Hospitality industry.

Franchise Data

Year Start of Year Units Opened Units Closed End of Year
2020 2 0 0 2
2021 2 2 1 3

Additional Details

How much does a JdV by Hyatt franchise owner make?

JdV by Hyatt franchise earnings and revenue can vary significantly from one franchisee to another.
The JdV by Hyatt franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

JdV by Hyatt unfortunately does not disclose financials on how much JdV by Hyatt franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, JdV by Hyatt does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with JdV by Hyatt franchisees. Do note that JdV by Hyatt is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 JdV by Hyatt franchisees to understand how much money they are making from their JdV by Hyatt business.

You should also speak to former JdV by Hyatt franchisees to understand why they left the system. Did they sell their JdV by Hyatt at a profit? Were they forced to close their JdV by Hyatt franchise down because it kept losing money?

What is the JdV by Hyatt franchise fee?

Owning a JdV by Hyatt franchise requires 7% royalty fee and a variable marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the JdV by Hyatt Franchise Disclosure Document

Keep in mind, there is also an initial JdV by Hyatt franchise fee of $100,000 that is included in the initial investment amount of $32,825,950 to $116,220,950. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the JdV by Hyatt franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the JdV by Hyatt franchise fee of $100,000.

Visit the JdV by Hyatt metrics tab to explore the financials for this business, royalty and marketing fees compare to other Travel and Hospitality franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was JdV by Hyatt founded?

JdV by Hyatt started offering franchises in 2019. JdV by Hyatt was founded 3 years ago in 2019.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many JdV by Hyatt locations are in the U.S.?

As of 2022, there were 3 locations across the U.S. There are also 11 corporate locations. Most Travel and Hospitality franchises like JdV by Hyatt have more franchised locations than corporate locations.

How many JdV by Hyatt franchises opened over the past few years?

Over the prior 3 years we have data for, JdV by Hyatt has opened 4 outlets throughout the U.S. Visit the JdV by Hyatt metrics tab to explore how the openings compare to other Travel and Hospitality franchises.

How many JdV by Hyatt franchises closed over the past few years?

Over the prior 3 years we have data for, JdV by Hyatt has closed 1 outlets throughout the U.S

Visit the JdV by Hyatt metrics tab to explore how the openings compare to other Travel and Hospitality franchises.

Is JdV by Hyatt growing? Are they opening more locations than they are closing?

The net unit growth rate for JdV by Hyatt over the past 3 years is 0%. Over the last year we have data for, JdV by Hyatt had a net unit growth rate of 50%.

Without a comparison, this number doesn’t mean much. Compare how the JdV by Hyatt growth rate compares to 2,000+ other franchises and Industry franchises like JdV by Hyatt. More info in the JdV by Hyatt metrics tab.

Is JdV by Hyatt franchise eligible for an SBA Loan?

JdV by Hyatt is not eligible for SBA loans including the 7(a) loan last time we checked.

JdV by Hyatt franchise does not have a SBA Franchise ID and was not in the SBA Franchise Directory. The SBA Franchise Directory will only include business models like JdV by Hyatt that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria.

To find out more about the SBA loan program for franchising click here.

Is JdV by Hyatt a franchise in the United States?

According to the SBA, JdV by Hyatt does not meet the Federal Trade Commission (FTC) definition of a franchise.

Many popular brands like Starbucks and Topgolf are not franchises in the U.S. but franchise outside of the United States. Be sure the franchisor provides you with an updated Franchise Disclosure Document as this is one of the key indicators that the business opportunity is truly a franchise in the U.S.

The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items of about the franchise, its officers, and other franchisees. Be sure that JdV by Hyatt provides you with an FDD if you are in discussion to buy a JdV by Hyatt

What is the JdV by Hyatt Franchise for Sale Rate?

The JdV by Hyatt systemwide health and franchisee satisfaction can be measured by the JdV by Hyattfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

JdV by Hyatt franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, JdV by Hyatt had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the JdV by Hyatt franchise for sale rate compares to 2,000+ other franchises and Industry franchises like JdV by Hyatt. More info in the JdV by Hyatt metrics tab.

What is the JdV by Hyatt Franchise Failure Rate?

JdV by Hyatt franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

JdV by Hyatt failure rate over the past 3 years is 33%. Over the last year we have data for, JdV by Hyatt had a franchise failure rate of 33%.

Without a comparison, this number doesn’t mean much. Compare how the JdV by Hyatt franchise for sale rate compares to 2,000+ other franchises and Industry franchises like JdV by Hyatt. More info in the JdV by Hyatt metrics tab.

How can I find out more details on JdV by Hyatt franchise?

Visit the JdV by Hyatt metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

JdV by Hyatt

$74,523,450

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

JdV by Hyatt

7%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

JdV by Hyatt

$100,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Travel and Hospitality

Category

Hotel

Works with Franchise Brokers

N/A

Year of Founding

2019

Fees

Marketing Fee

NA

Royalty Fee

7%

Franchise Fee

$100,000-$100,000

Investment Range

$32.83M-$116.22M

Location units

Total U.S. Locations

14

U.S. Franchised Units

3

U.S. Corporate Units

11

Headquarters (City)

Chicago

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

N/A

Started Offering Franchises

2019

Issuance of FDD Data

03/28/2022

Detailed Franchise metrics for JdV by Hyatt

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for JdV by Hyatt below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

JdV by Hyatt

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

JdV by Hyatt

N/A

0%

Industry median

All franchises median

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Net Unit Growth (most recent year)

Net Unit Growth (3 years)

Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

JdV by Hyatt

N/A

33%

Industry median

All franchises median

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Business details

Website

https://www.hyatt.com/

Business email

i**********@hyatt.com

Mailing address

150 North Riverside Plaza

State headquarters

Illinois

Contact Name

JdV by Hyatt

Phone

+1 (000) 0********00

City

Chicago

Zip code

60606
Name Email State City Zip Code

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