America's Best Inns & Suites vs WaterWalk Hotels and Apartments Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of America's Best Inns & Suites vs WaterWalk Hotels and Apartments including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
America's Best Inns & Suites Franchise
WaterWalk Hotels and Apartments Franchise
Investment $109,250 - $5,836,500$19,960,000 - $25,430,000
Franchise Fee $15,000$50,000
Royalty Fee 17.50 -$22.50/room/mo.-
Advertising Fee --
Year Founded 19702014
Year Franchised 19822014
Term Of Agreement --
Term Of Agreement --
Renewal Fee 50% of then-current fran. fee-


Business Experience Requirements
 
America's Best Inns & Suites Franchise
WaterWalk Hotels and Apartments Franchise
Experience --

Financing Options
 
America's Best Inns & Suites Franchise
WaterWalk Hotels and Apartments Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
America's Best Inns & Suites Franchise
WaterWalk Hotels and Apartments Franchise
Training --
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives-
Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
Operations

Number of employees needed to run franchised unit: 6 - 12

Absentee ownership of franchise is allowed.

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Expansion Plans
 
America's Best Inns & Suites Franchise
WaterWalk Hotels and Apartments Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion No-

Company Overviews

About America's Best Inns & Suites

America's Best Inns & Suites is a high quality mid-level limited service hotel brand with locations throughout the United States. With 102 hotels open and 5 under development as of September 1, 2004, America's Best Inns & Suites continues to expand around the country. America's Best Inns & Suites is primarily a conversion brand for existing hotel owners looking for a better way to do business. America's Best Inns & Suites offers a solution to independent hotel owners looking for a franchise brand or for current franchise hotel owners looking to reposition their property in the market place. Multi-unit operators disenchanted with the direction of their current brand should also consider America's Best Inns & Suites, subject to the requirements of their existing franchise agreement. US Franchise Systems, franchisor for the brand, is a recognized leader in the hotel industry, with 3 growing hotel brands and a reputation for treating our franchisees fairly. Noted for our strong relationships with and support for our franchisees, US Franchise Systems was founded on the principle that franchisees are our partners and they are in business for themselves, not by themselves.

About WaterWalk Hotels and Apartments

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WaterWalk offers both well-appointed hotel suites and all-inclusive apartments. Stay a few days or settle in for a while.
We do hospitality right. Every time.

The total investment necessary to begin operation of a WaterWalk Property ranges from $19,960,000 to $25,430,000. This includes the initial fees owed to  WaterWalk varying from between $137,000 and $647,500 that must be paid to WaterWalk or its affiliates when the Property has no more than 153 units. If the Property will have more than 153 units, the payment to  WaterWalk and its affiliates and the total investment is increased by $375 per each additional unit.