Knights Inn vs stayAPT Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Knights Inn vs stayAPT Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Knights Inn Franchise
stayAPT Suites Franchise
Investment $93,000 - $6,277,500$4,148,500 - $7,616,000
Franchise Fee $7,000N/A
Royalty Fee $21/rm./mo.-
Advertising Fee --
Year Founded 19722018
Year Franchised 19912018
Term Of Agreement --
Term Of Agreement --
Renewal Fee --


Business Experience Requirements

 
Knights Inn Franchise
stayAPT Suites Franchise
Experience --

Financing Options

 
Knights Inn Franchise
stayAPT Suites Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support

 
Knights Inn Franchise
stayAPT Suites Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Knights Inn Franchise
stayAPT Suites Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion --

Company Overviews

About Knights Inn

"KNIGHTS

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.

About stayAPT Suites

"stayAPT
A stayAPT Suites™ hotel is an extended- stay hotel offering temporary housing on a weekly or monthly rental basis. stayAPT offers franchisees both the right to develop multiple Hotels under an Area Development Agreement (each Hotel requiring a separate Franchise Agreement) and individual Hotels under a Franchise Agreement.

The total investment necessary to begin operation of a stayAPT Suites™ Hotel with 59 units is from $4,148,500 to $5,378,500 and for 87 units is $6,052,500 to $7,616,000, excluding real estate costs. This includes $51,000 that must be paid to the franchisor or an affiliate. If you sign an Area Development Agreement, you must pay $30,000 for each Hotel you plan to develop, all of which is due at signing. The initial fee paid under the Area Development Agreement is in lieu of the initial franchise fee normally due for a Hotel when the Franchise Agreement for that Hotel is executed.