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Updated RecentlyComfort Suites vs Knights Inn Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Comfort Suites vs Knights Inn including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $307,125 - $9,243,275 | $93,000 - $6,277,500 |
| Franchise Fee | $50,000 | $7,000 |
| Royalty Fee | 5.65% | $21/rm./mo. |
| Advertising Fee | 3.85% | - |
| Year Founded | - | 1972 |
| Year Franchised | - | 1991 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| 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 | - | Yes |
| International Expansion | - | - |
Company Overviews
About Comfort Suites
Choice Hotel's premier midscale, limited service,
all-suites brand.
The total investment necessary to convert an existing hotel and begin
operation of an 80-room COMFORT hotel franchise is between
$307,125-$1,967,495. The total investment necessary to begin operation
of a newly constructed 80-room COMFORT INN or COMFORT INN & SUITES
hotel franchise is between $4,638,625-$8,393,895, and the total
investment necessary to begin operation of a newly constructed 86-room
COMFORT SUITES hotel franchise is between $5,119,845-$9,243,275. This
includes the following fees that must be paid to the franchisor or its
affiliates as follows: an affiliation fee of $500 per room for new
franchises, $750 per room for transfers and renewals ($50,000 minimum
for new franchises, $65,000 minimum for transfers and renewals); a property
management system software license and systems training fee of between
$10,750 and $14,750; and orientation and hospitality training fees of
between $0 and $3,245 per person. These sums do not include the cost of
purchasing or leasing land or any real estate taxes.
About Knights Inn
!["KNIGHTS]("https://fddexchange.com/wp-content/uploads/2020/11/KNIGHTS-INN.png")
Knight's Inns, an illustrious place to remain. An illustrious place to claim.
With about 200 properties - most ideal off major U.S. what's more, Canadian interstates - Knights Inn is an inn network on a mission: to be the favored economy/spending brand for voyagers searching for clean rooms, well disposed administration, and incredible esteem.
As a Knights Inn franchisee, you'll appreciate two upper hands: a very perceived roadside name and steadfast clients. The economy/spending fragment is an extending market, especially on the recreation side, making Knights Inn lodgings consummately situated to serve esteem cognizant clients: families, seniors and mid-level business voyagers.
This inn network has been around quite a while and individuals know the name by heart. Strong organization.