Key West Inns vs Aloft hotels Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Key West Inns vs Aloft hotels 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 | $10,358,360 - $26,620,860 |
Franchise Fee |
$14,000 | $185,050 - $258,650 |
Royalty Fee |
2% | 5.5% |
Advertising Fee |
2% | - |
Year Founded |
1989 | - |
Year Franchised |
1989 | - |
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 | -/- |
Start-up Costs |
No/No | -/- |
Equipment |
No/No | -/- |
Inventory |
No/No | -/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | - |
Support |
- | - |
Marketing |
- | - |
Operations |
- | - |
Expansion Plans |
US Expansion |
- | Yes |
Canada Expansion |
No | - |
International Expansion |
No | Yes |
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 Aloft hotels
Aloft Hotels caters to today’s modern traveler who craves jet-setting
style and a vibrant social scene at an affordable price. Urban-inspired
design, accessible technology and innovative programing centering on
music and F&B make Aloft unique to the traditional hotel landscape.
The total investment necessary to begin operation of a newly-constructed
prototypical Aloft Hotel, excluding the cost of real estate and related
costs (building permit, tap, and impact fees), ranges from $10,358,360
to $21,797,660 for an 80 to 110-guestroom Aloft Hotel to $13,906,160 to
$26,620,860 for a 120 to 150-guestroom Aloft Hotel. This includes
approximately $185,050 to $258,650 that must be paid to the franchisor
or an affiliate.