|
Below is an in-depth analysis and side-by-side comparison of Travelodge Hotels vs Country Comfort including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $184,960 - $8,424,593 | $2,000,000 - $10,000,000 |
Franchise Fee | $35,000 - $38,000 | N/A |
Royalty Fee | 4.5% | - |
Advertising Fee | 4% | - |
Year Founded | 1939 | 1986 |
Year Franchised | 1966 | 2013 |
Term Of Agreement | 15 years | - |
Term Of Agreement | 15 years | - |
Renewal Fee | - | - |
Business Experience Requirements |
||
Experience | - | Whilst the Country Comfort Franchise system welcomes all types of professionals, having experience in operating upper midscale Franchise hotels is advantageous. No matter whether you are a hotel owner, an investor looking to diversify your portfolio or an entrepreneur seeking a new challenge, Country Comfort will work with you to build a sustainable, profitable partnership that delivers mutual success. |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | Yes/No | -/- |
Start-up Costs | Yes/No | -/- |
Equipment | No/Yes | -/- |
Inventory | Yes/Yes | -/- |
Receivables | No/No | -/- |
Payroll | No/No | -/- |
Training & Support |
||
Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property training | Once you become a Franchisee with Country Comfort, you will take part in our diligent and comprehensive pre-opening training programme that will assist you to feel comfortable with your Country Comfort Franchise business. This will include help with your business strategies including Sales & Marketing plans and people development. |
Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | - |
Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations |
International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit Number of employees needed to run franchised unit: 25 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | Yes | - |
International Expansion | Yes | Yes |
Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.
Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:
* Wyndham Rewards, the world's biggest lodging rewards program*
* Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
* Pet Friendly Locations
* Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
* Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
* Free day by day daily papers * In-room espresso
* Pools and/or meeting rooms at numerous areas
* Sleepy Bear Den rooms at numerous areas
Why Country Comfort Franchise? You will benefit from a team of dynamic and committed professionals that are passionate about creating successful Franchisees. We understand how challenging developing a Franchise can be and our dedicated Franchising team will provide you with a supportive, personalised and caring relationship. We will provide you with clear brand guidelines and visual brand elements that will assist to build your Country Comfort Hotel(s) consistently and effectively. It does not end there. You will also benefit from Country Comfort on-going personalised support and training initiatives, which will allow you to continuously fine-tune your Franchise for peak performance. At Country Comfort, we are focused on providing you with a new and compelling option. We are committed to assisting you to capitalise on market opportunities as well as maximise your investment. Types of FranchiseesCountry Comfort Hotels offers two types of Franchise Relationships: Area Development Franchisee Single Unit Development Franchisee To develop a minimum of three Country Comfort Hotels, we require that a potential Franchisee has a minimum of US$7.5 million in capital available or access to adequate financing.