Knights Inn vs Canopy Franchise Comparison

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

Start-Up Costs and Fees
 
Knights Inn Franchise
Canopy Franchise
Investment $93,000 - $6,277,500$44,872,050 - $114,186,475
Franchise Fee $7,000$75,000
Royalty Fee $21/rm./mo.5%
Advertising Fee -4%
Year Founded 19722007
Year Franchised 19912007
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements
 
Knights Inn Franchise
Canopy Franchise
Experience --

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

Training & Support
 
Knights Inn Franchise
Canopy Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans
 
Knights Inn Franchise
Canopy Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion -Yes

Company Overviews

About Knights Inn

"KNIGHTS

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.

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