Value Place vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Value Place vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$5,035,000 - $7,031,000 | $93,000 - $6,277,500 |
Franchise Fee |
$5,000 | $7,000 |
Royalty Fee |
5% | $21/rm./mo. |
Advertising Fee |
- | - |
Year Founded |
2003 | 1972 |
Year Franchised |
2004 | 1991 |
Term Of Agreement |
20 years | - |
Term Of Agreement |
20 years | - |
Renewal Fee |
50% of current fran. 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 | Yes |
International Expansion |
No | - |
Company Overviews
About Value Place
Convenient Options for Temporary Housing
Enjoy the convenience of fully furnished suites and amenities that help you
feel at home. Whether you’re traveling for work, moving to a new city,
visiting family, remodeling you home, or you just need a place to stay
for a while, we’re here for you. With nearly 300 locations across the country - and new hotels opening this year - it’s easy to find the WoodSpring Suites hotel that meets your needs.
How to Save Even More With Our Monthly Pre-Paid Rates
- Search for your destination on WoodSpring.com with a date range of 28+ nights.
- Look for our exclusive "Stay Longer and Save” rates.
- Pre-pay for the first 28 nights of your stay when you check in, then pay every 28-nights for the rest of your stay.
- The price you see, plus taxes and fees, is the price you’ll pay.
The rate you see is the discounted rate for your 28+ night stay.
Planning a shorter visit? Check out our affordable weekly rates.
About Knights Inn
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.
A
s 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.