AFM Hospitality Corporation vs My Place Hotels Franchise Comparison

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

Start-Up Costs and Fees
  AFM Hospitality Corporation My Place Hotels
Investment 2000000 - 20000000 4108050 - 5709950
Franchise Fee
Royalty Fee 3%
Advertising Fee 4%
Year Founded 1991 2014
Year Franchised 1992 2014
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  AFM Hospitality Corporation My Place Hotels
Experience

Financing Options
  AFM Hospitality Corporation My Place Hotels
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  AFM Hospitality Corporation My Place Hotels
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
Operations

Expansion Plans
  AFM Hospitality Corporation My Place Hotels
US Expansion Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile
Investment
AFM Hospitality Corporation
My Place Hotels
Franchise Fee
AFM Hospitality Corporation
My Place Hotels
Royalty Fee
AFM Hospitality Corporation 3%
My Place Hotels
Advertising Fee
AFM Hospitality Corporation 4%
My Place Hotels
Year Founded
AFM Hospitality Corporation 1991
My Place Hotels 2014
Year Franchised
AFM Hospitality Corporation 1992
My Place Hotels 2014
Term Of Agreement
AFM Hospitality Corporation 5/5/5/5 Years
My Place Hotels
Renewal Fee
AFM Hospitality Corporation
My Place Hotels


Business Experience Requirements
Experience
AFM Hospitality Corporation
My Place Hotels

Financing Options
 
Franchise Fees
AFM Hospitality Corporation
My Place Hotels
Start-up Costs
AFM Hospitality Corporation
My Place Hotels
Equipment
AFM Hospitality Corporation}
My Place Hotels
Inventory
AFM Hospitality Corporation
My Place Hotels
Receivables
AFM Hospitality Corporation
My Place Hotels
Payroll
AFM Hospitality Corporation
My Place Hotels

Training & Support
Training
AFM Hospitality Corporation On-Site 3-5 Days
My Place Hotels
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:
My Place Hotels
Marketing
AFM Hospitality Corporation
My Place Hotels
Operations
AFM Hospitality Corporation
My Place Hotels

Expansion Plans
US Expansion
AFM Hospitality Corporation
My Place Hotels Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming
Canada Expansion
AFM Hospitality Corporation
My Place Hotels
International Expansion
AFM Hospitality Corporation
My Place Hotels