|
Below is an in-depth analysis and side-by-side comparison of Choice Hotels vs AmeriHost Franchise Systems including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $88,050 - $13,166,100 | $3,700,000 - $4,700,000 |
Franchise Fee | $10,000 - $60,000 | N/A |
Royalty Fee | Varies | 4-5% |
Advertising Fee | Varies | - |
Year Founded | 1939 | 1989 |
Year Franchised | 1962 | 1998 |
Term Of Agreement | 20 years | 15-20 years |
Term Of Agreement | 20 years | 15-20 years |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | Yes/No |
Equipment | No/Yes | Yes/No |
Inventory | No/Yes | Yes/No |
Receivables | No/No | Yes/No |
Payroll | No/No | Yes/No |
Training & Support |
||
Training | - | Regional workshops |
Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Co-op advertising, Regional advertising |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. |
International franchisees required to buy multiple units/master licenses Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. |
Expansion Plans |
||
US Expansion | - | - |
Canada Expansion | No | No |
International Expansion | Yes | Yes |
No longer franchising; AmeriHost units are being converted to Baymont Inn & Suites.
Each AmeriHost Inn(R) lodging offers a luxury bundle not regularly found in other mid-estimated inns, for example, an indoor pool range with a whirlpool and yard; inside hall visitor room access for included security and accommodation; individual select whirlpool suites; meeting rooms; practice rooms; electronic entryway locks; complimentary extended mainland breakfast each morning; and a complimentary USA TODAY daily paper.
Amerihost Properties, Inc. at present claims or potentially oversees, in entire or partially, every AmeriHost Inn(R) inn open or under development today. "We know and comprehend the operations of the AmeriHost Inn(R) inns from a possession perspective. Truth be told, we comprehend the operations of our lodgings so well that we have made an establishment promoting effort in light of the motto 'Experience the distinction encounter makes!'"