Value Place vs The Red Collection Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Value Place vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Value Place Franchise
The Red Collection Franchise
Investment $5,035,000 - $7,031,000$787,000 - $1,745,500
Franchise Fee $5,000$30,000
Royalty Fee 5%-
Advertising Fee --
Year Founded 20032017
Year Franchised 20042017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee 50% of current fran. fee-


Business Experience Requirements

 
Value Place Franchise
The Red Collection Franchise
Experience --

Financing Options

 
Value Place Franchise
The Red Collection 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

 
Value Place Franchise
The Red Collection Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Value Place Franchise
The Red Collection Franchise
US Expansion --
Canada Expansion No-
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 The Red Collection

"The
Red Roof® properties, including The Red Collection, consistently outperform in the economy market and have some of the lowest fees in the industry.

Red Roof is expanding internationally to Brazil, Canada, Thailand, and Japan as well as across the U.S.A.

The total investment necessary to begin operation of a hotel participating in The Red Collection franchise for a 65-room conversion hotel ranges from $787,000 to $1,745,500. These amounts do not include the cost of land or rent for the hotel location but do include the approximately $57,500 to $62,000 that must be paid to the franchisor or affiliate.