Key West Inns vs Candlewood Suites Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Key West Inns vs Candlewood Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$32,149 - $8,713,147 | $7,807,040 - $10,716,900 |
Franchise Fee |
$14,000 | $50,000 |
Royalty Fee |
2% | 5% |
Advertising Fee |
2% | - |
Year Founded |
1989 | 1995 |
Year Franchised |
1989 | 1996 |
Term Of Agreement |
- | - |
Term Of Agreement |
- | - |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
- | - |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/No | -/Yes |
Start-up Costs |
No/No | -/Yes |
Equipment |
No/No | -/Yes |
Inventory |
No/No | -/Yes |
Receivables |
No/No | -/Yes |
Payroll |
No/No | -/Yes |
Training & Support |
Training |
- |
On-The-Job Training: Varies
Classroom Training: Varies
|
Support |
- | Meetings/Conventions
Toll-Free Line
Grand Opening
Online Support
Security/Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing |
- |
Ad Templates
National Media
SEO
Loyalty program/app |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
No | - |
Company Overviews
About Key West Inns
Key West Inns, Inc. is a hotel franchising company that borrows the looks and feel of South Florida in architectural style and appearance. All hotels feature the amenities that corporate travelers need while offering a relaxing atmosphere that will please families and senior travelers.
The total investment necessary to begin operation of a Key West Lodging
Facility franchised business is between $3,4667,149 and $8,713,147 for a
newly constructed hotel. This includes between $27,999 and $52,497 that
must be paid to the franchisor or its affiliate(s).
The total
investment necessary to begin operation of a Key West Lodging Facility
franchised business is between $32,149 and $1,633,147 for the conversion
of an existing hotel. This includes between $20,999 and $52,497 that
must be paid to the franchisor or its affiliate(s).
About Candlewood Suites
At Candlewood Suites® hotels we offer a more casual kind
of longer stay, where you’ll always feel at home, at your best and
really productive while on the road.
All of our locations throughout the Americas are easily accessible
and we’re always opening new hotels, so guests can book a spacious suite
whenever and wherever it works for them.
Candlewood Suites gives you the amenities that make you feel at home.
Fully-equipped suites, room to spread out, space to work and space to
relax.