Key West Inns vs WaterWalk Hotels and Apartments Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Key West Inns vs WaterWalk Hotels and Apartments including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$32,149 - $8,713,147 | $19,960,000 - $25,430,000 |
Franchise Fee |
$14,000 | $50,000 |
Royalty Fee |
2% | - |
Advertising Fee |
2% | - |
Year Founded |
1989 | 2014 |
Year Franchised |
1989 | 2014 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
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 |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
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 WaterWalk Hotels and Apartments
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.