| ||||
Updated RecentlyMainstay Suites vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Mainstay Suites vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $290,825 - $13,479,816 | $93,000 - $6,277,500 |
| Franchise Fee | $30,000 | $7,000 |
| Royalty Fee | 5% | $21/rm./mo. |
| Advertising Fee | 2.5% | - |
| Year Founded | - | 1972 |
| Year Franchised | - | 1991 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | Yes |
| Canada Expansion | - | Yes |
| International Expansion | - | - |
Company Overviews
About Mainstay Suites
Strong brand for the strong midscale, extended-stay market.
MainStay Suites® is an all suites extended stay brand that
helps guests maintain their lifestyle during time away from home.
Designed with welcoming, residential style architecture, MainStay Suites
hotels feature multiple suite types, regional exterior options and the
amenities to help guests live like home.
About Knights Inn
!["KNIGHTS]("https://fddexchange.com/wp-content/uploads/2020/11/KNIGHTS-INN.png")
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.
As 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.