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Updated RecentlyKey West Inns vs Residence Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Key West Inns vs Residence Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $32,149 - $8,713,147 | N/A |
| Franchise Fee | $14,000 | N/A |
| Royalty Fee | 2% | - |
| Advertising Fee | 2% | - |
| Year Founded | 1989 | - |
| Year Franchised | 1989 | - |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-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 |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | No | - |
Company Overviews
About Key West Inns
Key West Inns, Inc. is a hotel franchising company that borrows the looks and feel of South Florida in architectural style and appearance. All hotels feature the amenities that corporate travelers need while offering a relaxing atmosphere that will please families and senior travelers.
The total investment necessary to begin operation of a Key West Lodging
Facility franchised business is between $3,4667,149 and $8,713,147 for a
newly constructed hotel. This includes between $27,999 and $52,497 that
must be paid to the franchisor or its affiliate(s).
The total
investment necessary to begin operation of a Key West Lodging Facility
franchised business is between $32,149 and $1,633,147 for the conversion
of an existing hotel. This includes between $20,999 and $52,497 that
must be paid to the franchisor or its affiliate(s).
About Residence Inn
Designed as "home away from home" for travelers staying 5 or more nights - Residential atmosphere with spacious accommodations Features include: - Complimentary hot breakfast - Evening hospitality hour - Swimming pool - Sport Court - Personalized grocery shopping - Daily housekeeping - Guest suites with separate living and sleeping areas - Fully equipped kitchen - Work space with data ports and voicemail