Sleep Inn vs Canopy Franchise Comparison

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

Start-Up Costs and Fees

 
Sleep Inn Franchise
Canopy Franchise
Investment N/A$44,872,050 - $114,186,475
Franchise Fee $40,000$75,000
Royalty Fee 4.65%5%
Advertising Fee 3.85%4%
Year Founded -2007
Year Franchised -2007
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Sleep Inn Franchise
Canopy Franchise
Experience --

Financing Options

 
Sleep Inn Franchise
Canopy Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Sleep Inn Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Sleep Inn Franchise
Canopy Franchise
US Expansion -Yes
Canada Expansion --
International Expansion -Yes

Company Overviews

About Sleep Inn

Choice's expanding midscale limited-service brand.

About Canopy

"Canopy
The Hilton Performance Advantage is an integrated system of innovative solutions and advanced technologies that work together to drive increased business and keep costs down, without compromising quality. Together, these seven services provide access to the latest tools, technologies, forward-thinking strategies, and the most influential people in the industry to create an unrivaled competitive advantage.

#210 in Franchise 500 for 2021   Not in Franchise 500 for 2020