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Below is an in-depth analysis and side-by-side comparison of Home2 Suites vs Atwell Suites including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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Investment | $9,102,300 - $17,456,500 | $8,820,308 - $12,387,352 |
Franchise Fee | $75,000 | N/A |
Royalty Fee | 5% | 5% |
Advertising Fee | 3.5% | - |
Year Founded | 2008 | - |
Year Franchised | 2009 | - |
Term Of Agreement | 22 years | - |
Term Of Agreement | 22 years | - |
Renewal Fee | Same as initial 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 | -/Yes | -/- |
Start-up Costs | -/Yes | -/- |
Equipment | -/Yes | -/- |
Inventory | -/Yes | -/- |
Receivables | -/Yes | -/- |
Payroll | -/Yes | -/- |
Training & Support |
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Training | On-The-Job Training: 1 hour Classroom Training: Varies | - |
Support | Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Proprietary Software Franchisee Intranet Platform | - |
Marketing | Co-op Advertising Ad Templates National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | - |
Operations | Number of Employees Required to Run: 30 | - |
Expansion Plans |
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US Expansion | Yes | Yes |
Canada Expansion | Yes | - |
International Expansion | No | Yes |
Atwell Suites™ is a new upper-midscale, all-suites hotel brand that brings inspiration to every journey.