Knights Inn vs The Red Collection Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Knights Inn vs The Red Collection including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$93,000 - $6,277,500 | $787,000 - $1,745,500 |
Franchise Fee |
$7,000 | $30,000 |
Royalty Fee |
$21/rm./mo. | - |
Advertising Fee |
- | - |
Year Founded |
1972 | 2017 |
Year Franchised |
1991 | 2017 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
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 Knights Inn
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.
A
s 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 The Red Collection
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.