GUESTHOUSE vs AFM Hospitality Corporation Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of GUESTHOUSE vs AFM Hospitality Corporation including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
| Investment |
$118,000 - $1,918,500 | $2,000,000 - $20,000,000 |
| Franchise Fee |
$15,000 | $35,000 |
| Royalty Fee |
3%year1, 3.5%thereafter | 3% |
| Advertising Fee |
1.5% | 4% |
| Year Founded |
1987 | 1991 |
| Year Franchised |
1987 | 1992 |
| Term Of Agreement |
10 years, 5 years thereafter | 5/5/5/5 Years |
| Term Of Agreement |
10 years, 5 years thereafter | 5/5/5/5 Years |
| 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 |
- | 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 |
| US Expansion |
- | - |
| Canada Expansion |
No | - |
| International Expansion |
No | - |
Company Overviews
About GUESTHOUSE
GuestHouse International Inns Hotels and Suites evolved from the first
GuestHouse Inn & Suites in Little Rock AR in 1987 to become a leading mid-market brand with 70+ properties across America and China.
GuestHouse International's most popular standard amenities include complimentary continental breakfast, freshly baked Belgian waffles, 25" remote-controlled TV's with free sports, movie and all news channels, data ports, In-room coffeemakers, free parking, and high speed internet access.
The
GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in
GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at
www.guesthouseintl.com.
Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006,
GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC,
GuestHouse International is committed to delivering exceptional service to our franchisees.
The total investment necessary to convert an existing hotel into a
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
The total investment necessary for a newly constructed
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.
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.
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