Start-Up Costs and Fees |
||
| Hospitality | Settle Inn | |
| Investment | 133600 - 2602000 | 2763290 - 3687220 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 3%year 1, 3.5%thereafter |
| Advertising Fee | 2.25% | |
| Year Founded | 1971 | 1992 |
| Year Franchised | 1982 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Settle Inn | |
| Experience | ||
Financing Options |
||
| Hospitality | Settle Inn | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Hospitality | Settle Inn | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | Settle Inn | |
| 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 | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Settle Inn | |
| Franchise Fee | |
| Hospitality | |
| Settle Inn | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Settle Inn | 3%year 1, 3.5%thereafter |
| Advertising Fee | |
| Hospitality | |
| Settle Inn | 2.25% |
| Year Founded | |
| Hospitality | 1971 |
| Settle Inn | 1992 |
| Year Franchised | |
| Hospitality | 1982 |
| Settle Inn | 1992 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Settle Inn | 10 years, 5 years thereafter |
| Renewal Fee | |
| Hospitality | |
| Settle Inn | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Settle Inn | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Settle Inn | No |
| Start-up Costs | |
| Hospitality | |
| Settle Inn | |
| Equipment | |
| Hospitality} | |
| Settle Inn | |
| Inventory | |
| Hospitality | |
| Settle Inn | |
| Receivables | |
| Hospitality | |
| Settle Inn | |
| Payroll | |
| Hospitality | |
| Settle Inn | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Settle Inn | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Settle Inn | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Settle Inn | |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Settle Inn | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | 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 |
| Settle Inn | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Settle Inn | 0 |
| International Expansion | |
| Hospitality | |
| Settle Inn | |