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Updated RecentlyAFM Hospitality Corporation vs Best Western Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of AFM Hospitality Corporation vs Best Western including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $2,000,000 - $20,000,000 | $50,505 - $24,773,188 |
| Franchise Fee | $35,000 | $45,000 - $60,000 |
| Royalty Fee | 3% | - |
| Advertising Fee | 4% | - |
| Year Founded | 1991 | 1946 |
| Year Franchised | 1992 | 1957 |
| Term Of Agreement | 5/5/5/5 Years | - |
| Term Of Agreement | 5/5/5/5 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 | 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 |
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| US Expansion | - | Yes |
| Canada Expansion | - | - |
| International Expansion | - | Yes |
Company Overviews
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.
About Best Western
!["Best]("https://fddexchange.com/wp-content/uploads/2020/02/Best-Western-300x60.png")
Best Western Hotels & Resorts headquartered in Phoenix, Arizona, is a privately held hotel brand within the BWH Hotel Group global network. With 18 brands and approximately 4,700 hotels in over 100 countries and territories worldwide, BWH Hotel Group suits the needs of developers and guests in every market. Brands include Best Western®, Best Western Plus®, Best Western Premier®, Executive Residency by Best Western®, Vīb®, GLō®, Aiden®, Sadie®, BW Premier Collection® and BW Signature Collection®. Through acquisition, WorldHotelsTM Luxury, WorldHotels Elite, WorldHotels Distinctive and WorldHotels Crafted collections are also offered. Completing the portfolio is SureStay®, SureStay Plus®, SureStay Collection® and SureStay Studio franchises.
The total investment necessary to begin operation of a 75-room Best Western hotel is $5,080,050 - $9,589,538 (for new construction) and $505,050 - $1,939,539 (for a conversion), which includes $69,350 - $143,438 that must be paid to the franchisor or their affiliate; the total investment necessary to begin operation of a 90-room
Best Western
Plus hotel is $6,433,050 - $10,397,788 (for new construction) and
$608,050 - $2,406,288 (for a conversion), which includes $72,350 -
$147,188 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of a 120-room Best Western
Premier hotel is $13,944,450 - $24,773,188 (for new construction) and
$869,450 - $5,673,188 (for a conversion), which includes $78,350 -
$154,688 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of a 100-room Executive
Residency by Best Western hotel is $6,573,050 - $11,949,788 (for new
construction) and $648,050 - $3,149,788 (for a conversion), which
includes $74,350 - $149,688 that must be paid to the franchisor or their
affiliate; the total investment necessary to begin operation of a
100-room dual brand hotel (e.g., Best Western Plus and Executive
Residency by Best Western) is $6,751,750 - $12,065,838 (for new
construction) and $726,750 - $3,370,838 (for a conversion), which
includes $109,350 - $193,438 that must be paid to the franchisor or
their affiliate; the total investment necessary to begin operation of a
110-room Vīb hotel as is $9,817,150 - $14,354,988 (for new construction)
and $1,392,150 - $3,804,988 (for a conversion), which includes $76,350 -
$152,188 that must be paid to the franchisor or their affiliate; the
total investment necessary to begin operation of an 80-room GLō hotel is
$7,354,750 - $9,821,488 (for new construction) and $1,129,750 -
$2,771,488 (for a conversion), which includes $70,350 - $144,688 that
must be paid to the franchisor or their affiliate; the total investment
necessary to begin operation of a 90-room Aiden hotel is $6,494,750 -
$10,467,988 (for new construction) and $669,750 - $2,467,988 (for a
conversion), which includes $72,350 - $147,188 that must be paid to the
franchisor or their affiliate; and, the total investment necessary to
begin operation of a 120-room Sadie hotel is $13,924,750 - $24,749,488
(for new construction) and $845,750 - $5,649,488 (for a conversion),
which includes $78,350 - $154,688 that must be paid to the franchisor or
their affiliate.