Start-Up Costs and Fees |
||
| AFM Hospitality Corporation | Downtowner Inns | |
| Investment | 2000000 - 20000000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 3% |
| Advertising Fee | 4% | 2.50% |
| Year Founded | 1991 | 1982 |
| Year Franchised | 1992 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| AFM Hospitality Corporation | Downtowner Inns | |
| Experience | ||
Financing Options |
||
| AFM Hospitality Corporation | Downtowner Inns | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| AFM Hospitality Corporation | Downtowner Inns | |
| 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 | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. | |
| Operations | ||
Expansion Plans |
||
| AFM Hospitality Corporation | Downtowner Inns | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Franchise Fee | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Royalty Fee | |
| AFM Hospitality Corporation | 3% |
| Downtowner Inns | 3% |
| Advertising Fee | |
| AFM Hospitality Corporation | 4% |
| Downtowner Inns | 2.50% |
| Year Founded | |
| AFM Hospitality Corporation | 1991 |
| Downtowner Inns | 1982 |
| Year Franchised | |
| AFM Hospitality Corporation | 1992 |
| Downtowner Inns | 1982 |
| Term Of Agreement | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| Downtowner Inns | |
| Renewal Fee | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
Business Experience Requirements |
|
| Experience | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
Financing Options |
|
| Franchise Fees | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Start-up Costs | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Equipment | |
| AFM Hospitality Corporation} | |
| Downtowner Inns | |
| Inventory | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Receivables | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Payroll | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
Training & Support |
|
| Training | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| Downtowner Inns | |
| Support | |
| AFM Hospitality Corporation | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: |
| Downtowner Inns | |
| Marketing | |
| AFM Hospitality Corporation | |
| Downtowner Inns | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. |
| Operations | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
Expansion Plans |
|
| US Expansion | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| Canada Expansion | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |
| International Expansion | |
| AFM Hospitality Corporation | |
| Downtowner Inns | |