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Updated RecentlyGUESTHOUSE Franchise
Lodging
The GuestHouse International franchise support system is one of the best in the industry. Franchise Service Managers provide support from initial opening to front desk training to outside sales assistance. Our Brand Assurance team helps property managers maintain the highest possible standards to ensure guest satisfaction and increase success. InnLink Central Reservation Systems (located in GuestHouse Int'l corporate headquarters) delivers GDS, voice and branded reservation services at www.guesthouseintl.com. Guest House International franchise agreements reward success and a true working relationship between owner and franchisor.
In December 2006, GuestHouse International was purchased by Settle Inn LLC. In 2005 Settle Inn LLC, working with the AAFD, developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. As with Settle Inn LLC, GuestHouse International is committed to delivering exceptional service to our franchisees.
70-room GuestHouse Extended Stay Hotel is $118,000 to $1,918,500. This
estimate includes $21,000 to $22,000 that must be paid to the
franchisor.
70-room GuestHouse Extended Stay Hotel is $3,765,500 to $7,369,000, excluding the cost of
purchasing or leasing land or any real estate taxes. This estimate
includes $21,000 that must be paid to the franchisor.
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How much does it cost to open a GUESTHOUSE Franchise?
The investment required to open a GUESTHOUSE Franchise is between $118,000-$1,918,500. There is an initial franchise fee of $15,000 which grants you the license to run a business under the GUESTHOUSE name.
Individual Unit Costs
- Initial Investment:
$118,000-$1,918,500 - Initial Franchise Fee:
$15,000 - Royalty Fee:
3%year1, 3.5%thereafter - Advertising Fee:
1.5% - Term of Agreement:
10 years, 5 years thereafter
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Guesthouse International Opens Franchise In Tallahassee, Fla.
GuestHouse International Inns, Hotels & Suites opened its newest GuestHouse International Inn in Tallahassee, Fla. (formerly Cabot Lodge). The Tallahassee GuestHouse International Inn is owned by Mr. Mahesh Bhakta.
"We are looking forward to being a part of the GuestHouse International franchise....
GUESTHOUSE News & Press Releases
When did GUESTHOUSE start Franchising? 1987
To calculate how much income a franchise owner can do at GUESTHOUSE Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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GUESTHOUSE
GUESTHOUSE INTERNATIONAL
1550 Market Street, Suite 350
Denver,
CO
80202