Settle Inn vs Knights Inn Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Settle Inn vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Settle Inn Franchise
Knights Inn Franchise
Investment $2,763,290 - $3,687,220$93,000 - $6,277,500
Franchise Fee $25,000$7,000
Royalty Fee 3%year 1, 3.5%thereafter$21/rm./mo.
Advertising Fee 2.25%-
Year Founded 19921972
Year Franchised 19921991
Term Of Agreement 10 years, 5 years thereafter-
Term Of Agreement 10 years, 5 years thereafter-
Renewal Fee --


Business Experience Requirements
 
Settle Inn Franchise
Knights Inn Franchise
Experience --

Financing Options
 
Settle Inn Franchise
Knights Inn Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Settle Inn Franchise
Knights Inn Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Settle Inn Franchise
Knights Inn Franchise
US Expansion -Yes
Canada Expansion NoYes
International Expansion No-

Company Overviews

About Settle Inn

Since,1992, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience.
We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels: Settle Inn and Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator - to grow with America's friendliest brand.

About Knights Inn

"KNIGHTS

Knight's Inns, an illustrious place to remain. An illustrious place to claim.

With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.

As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.

This inn network has been around quite a while and individuals know the name by heart. Strong organization.