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Below is an in-depth analysis and side-by-side comparison of Hospitality including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $133,600 - $2,602,000 | |
Franchise Fee | $5,000 - $15,000 | |
Royalty Fee | $35/rm/night | |
Advertising Fee | - | |
Year Founded | 1971 | |
Year Franchised | 1982 | |
Term Of Agreement | 5 years | |
Term Of Agreement | 5 years | |
Renewal Fee | - | |
Business Experience Requirements |
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Experience | - | |
Financing Options |
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In-House/3rd Party | ||
Franchise Fees | No/No | |
Start-up Costs | No/No | |
Equipment | No/No | |
Inventory | No/No | |
Receivables | No/No | |
Payroll | No/No | |
Training & Support |
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Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
Operations |
50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
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Expansion Plans |
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US Expansion | Yes | |
Canada Expansion | Yes | |
International Expansion | Yes |