AFM Hospitality Corporation vs Everhome Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of AFM Hospitality Corporation vs Everhome Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
AFM Hospitality Corporation Franchise
Everhome Suites Franchise
Investment $2,000,000 - $20,000,000$10,108,350 - $12,101,869
Franchise Fee $35,000N/A
Royalty Fee 3%-
Advertising Fee 4%-
Year Founded 1991-
Year Franchised 1992-
Term Of Agreement 5/5/5/5 Years-
Term Of Agreement 5/5/5/5 Years-
Renewal Fee --


Business Experience Requirements
 
AFM Hospitality Corporation Franchise
Everhome Suites Franchise
Experience --

Financing Options
 
AFM Hospitality Corporation Franchise
Everhome Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
AFM Hospitality Corporation Franchise
Everhome Suites Franchise
Training On-Site 3-5 Days-
Support Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

-
Marketing --
Operations --

Expansion Plans
 
AFM Hospitality Corporation Franchise
Everhome Suites Franchise
US Expansion -Yes
Canada Expansion --
International Expansion --

Company Overviews

About AFM Hospitality Corporation

AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.

About Everhome Suites

"Everhome
Choice Hotels will offer the following to help hotel developers build a strong and successful portfolio with Everhome Suites:
The total investment necessary to begin operation of a 113-room newly constructed Everhome Suites hotel franchise is between $10,108,350 and $12,101,869. This includes an affiliation fee of $50,000 for properties with 113 rooms or less, $300/per room for each additional room and $550 per room for transfers and renewals ($50,000 minimum); a property management system software license and systems training fee of between $10,750 and $14,750; and orientation and hospitality training fees of
$0 - $3,145 per person, all of which must be paid to the Franchisor or its affiliates. These sums do not include the cost of purchasing or leasing land or any real estate taxes.