AFM Hospitality Corporation vs Microtel Inns & Suites Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of AFM Hospitality Corporation vs Microtel Inns & Suites including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  AFM Hospitality Corporation Microtel Inns & Suites
Investment 2000000 - 20000000 5709119 - 6799356
Franchise Fee
Royalty Fee 3% 6%
Advertising Fee 4% 2%
Year Founded 1991 1987
Year Franchised 1992 1988
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  AFM Hospitality Corporation Microtel Inns & Suites
Experience General business experience

Financing Options
  AFM Hospitality Corporation Microtel Inns & Suites
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  AFM Hospitality Corporation Microtel Inns & Suites
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: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed.

Expansion Plans
  AFM Hospitality Corporation Microtel Inns & Suites
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
AFM Hospitality Corporation
Microtel Inns & Suites
Franchise Fee
AFM Hospitality Corporation
Microtel Inns & Suites
Royalty Fee
AFM Hospitality Corporation 3%
Microtel Inns & Suites 6%
Advertising Fee
AFM Hospitality Corporation 4%
Microtel Inns & Suites 2%
Year Founded
AFM Hospitality Corporation 1991
Microtel Inns & Suites 1987
Year Franchised
AFM Hospitality Corporation 1992
Microtel Inns & Suites 1988
Term Of Agreement
AFM Hospitality Corporation 5/5/5/5 Years
Microtel Inns & Suites 20 years
Renewal Fee
AFM Hospitality Corporation
Microtel Inns & Suites 50% of current franchise fee


Business Experience Requirements
Experience
AFM Hospitality Corporation
Microtel Inns & Suites General business experience

Financing Options
 
Franchise Fees
AFM Hospitality Corporation
Microtel Inns & Suites
Start-up Costs
AFM Hospitality Corporation
Microtel Inns & Suites
Equipment
AFM Hospitality Corporation}
Microtel Inns & Suites
Inventory
AFM Hospitality Corporation
Microtel Inns & Suites
Receivables
AFM Hospitality Corporation
Microtel Inns & Suites
Payroll
AFM Hospitality Corporation
Microtel Inns & Suites

Training & Support
Training
AFM Hospitality Corporation On-Site 3-5 Days
Microtel Inns & Suites
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:
Microtel Inns & Suites Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
AFM Hospitality Corporation
Microtel Inns & Suites Co-op advertising, Ad slicks, National media, Regional advertising
Operations
AFM Hospitality Corporation
Microtel Inns & Suites 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed.

Expansion Plans
US Expansion
AFM Hospitality Corporation
Microtel Inns & Suites
Canada Expansion
AFM Hospitality Corporation
Microtel Inns & Suites 0
International Expansion
AFM Hospitality Corporation
Microtel Inns & Suites