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Below is an in-depth analysis and side-by-side comparison of Select Inn vs My Place Hotels including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $5,000,000 | $4,108,050 - $5,709,950 |
| Franchise Fee | N/A | $30,000 |
| Royalty Fee | - | - |
| Advertising Fee | - | - |
| Year Founded | 1989 | 2014 |
| Year Franchised | 2004 | 2014 |
| Term Of Agreement | - | - |
| Term Of Agreement | - | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | - |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
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| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | - |
Providing confidence to the traveling public that Select Inn's are a clean place to stay in the economy segment. "Always A Friend, Always A Smile."