Value Place Franchise

Short-term residential properties


Developer? Entrepreneur? Have we got a business for you.

Value Place has franchises available to license, and welcomes new, diverse talent to the Value Place system. Our franchisees come from varied backgrounds. Some are experienced hotel developers, while others are experts in outside industries, adding new perspectives that constantly help Value Place progress. No matter the background, our entrepreneurial owners appreciate Value Place for its Brand position. Why Value Place?

178 properties in 31 states
Low operating expense functions with as few as 4.5 FTE
Prototypical design specifications
Stringent Brand standards
Quality assurance programs
Optional real estate and management services

Value Place's standardized design and construction paired with our efficient operating model not only offer franchisees a strong investment opportunity, but have led to top industry recognition. Value Place was recognized again in 2011 as a Top 50 Franchise by the Franchise Business Review's Franchisee Satisfaction Awards. This has been the sixth year receiving this award since 2004. The Franchise Business Review surveys thousands of franchise owners annually to honor excellence in franchise systems, small and large. Value Place was also recognized in USA Today in 2010 as a recession-resistant business.

Find out more about the Value Place Franchise Opportunity at http://www.valueplace.com/company/franchising-opportunities/

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Please Note: The operators of Value Place, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Value Place website.

How much does it cost to open a Value Place Franchise?

The estimated investment required to open a Value Place Franchise is between $3,801,400-$5,032,000. There is an initial franchise fee of $49,600 which grants you the license to run a business under the Value Place name.

Individual Unit Costs

  • Initial Investment:
    $3,801,400-$5,032,000
  • Initial Franchise Fee:
    $49,600
  • Royalty Fee:
    5%
  • Advertising Fee:
    N/A
  • Term of Agreement:
    20 years
  • Renewal Fee:
    50% of current fran. fee



Click here to compare with
franchises similar to Value Place

Value Place Ready For Franchise Expansion
As reported in GlobeSt.com, Value Place, the low-cost extended-stay hotel chain, has undergone profound changes in the past year-and-a-half. It secured a $100 million capital investment, hired a new leadership team, and began launching new locations across the US. Its latest project, a new 124-room ...

Value Place Appoints Industry Veteran Bruce Haase As Ceo
Value Place , the largest economy, extended-stay hotel brand in the U.S., has named Bruce Haase as CEO, effective Friday, April 11, 2014. He will be based in Wichita, Kan. at the Value Place corporate headquarters. Haase joins Value Place following a 12-year tenure at Choice Hotels International,...

Value Place Seeks Land To Develop Six Cleveland-area Properties
Cleveland's metro area is the latest region to be the focus of Value Place's continuing rapid expansion across the U.S. In addition to the three existing corporate properties in Mentor, Akron-Green, and Avon, Ohio, Value Place has plans to develop six new corporate properties in the Cleveland metro ...

Nakota Development Company Opens First Value Place Franchise In Burgeoning Bakken Region Of North Dakota
Nakota Development Company, a full-service real estate development and management company based in Jacksonville, Fla., announced today that it has officially opened its first Value Place location here. Nakota Chairman/CEO Art Cahoon officiated a September 25th Grand Opening ceremony attended by Valu...

Value Place To Build Two New Hotels In Jacksonville
An extended-stay hotel chain is preparing to start construction on two new locations in Jacksonville. Wichita, Kansas-based Value Place has two franchise-owned locations in Jacksonville already, and hopes to start construction on another two at 6900 103rd Street and 10520 Balmoral Circle W. as co...

Value Place News & Press Releases

When did the first Value Place open? 2003
When did Value Place start Franchising? 2004

Year U.S.A. Canada International Corporate
2006 11 0 0 12
2005 2 0 0 5
2004 0 0 0 2
2003 0 0 0 1
Year U.S.A.
2006 11
2005 2
2004 0
2003 0
Year Canada
2006 0
2005 0
2004 0
2003 0
Year International
2006 0
2005 0
2004 0
2003 0
Year Corporate
2006 12
2005 5
2004 2
2003 1
Expense In-House Third Party
Franchise Fee No No
Startup Costs No No
Equipment No No
Inventory No No
Accounts Receivable No No
Payroll No No

To calculate how much income a franchise owner can do at Value Place 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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Legal Disclaimer: This information is not a franchise offering for Value Place and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recommend that anyone seriously interested in pursuing a Value Place franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.

Value Place

Value Place

8621 E. 21st St. N., #250
Wichita, KS
67206

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