Start-Up Costs and Fees |
||
| Knights Inn | Hawthorn Suites | |
| Investment | 93000 - 6277500 | 225693 - 12785326 |
| Franchise Fee | 0 | |
| Royalty Fee | $21/rm./mo. | 5.50% |
| Advertising Fee | 2.50% | |
| Year Founded | 1972 | 1986 |
| Year Franchised | 1991 | 1986 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | Hawthorn Suites | |
| Experience | ||
Financing Options |
||
| Knights Inn | Hawthorn Suites | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Knights Inn | Hawthorn Suites | |
| Training | Available at headquarters, Available at franchisee's location, At regional location | |
| Support | 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 | |
| Operations | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Knights Inn | Hawthorn Suites | |
| 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 | |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Knights Inn | |
| Hawthorn Suites | |
| Franchise Fee | |
| Knights Inn | |
| Hawthorn Suites | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| Hawthorn Suites | 5.50% |
| Advertising Fee | |
| Knights Inn | |
| Hawthorn Suites | 2.50% |
| Year Founded | |
| Knights Inn | 1972 |
| Hawthorn Suites | 1986 |
| Year Franchised | |
| Knights Inn | 1991 |
| Hawthorn Suites | 1986 |
| Term Of Agreement | |
| Knights Inn | |
| Hawthorn Suites | 20 years |
| Renewal Fee | |
| Knights Inn | |
| Hawthorn Suites | 50% of current franchise fee |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| Hawthorn Suites | |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| Hawthorn Suites | |
| Start-up Costs | |
| Knights Inn | |
| Hawthorn Suites | |
| Equipment | |
| Knights Inn} | |
| Hawthorn Suites | |
| Inventory | |
| Knights Inn | |
| Hawthorn Suites | |
| Receivables | |
| Knights Inn | |
| Hawthorn Suites | |
| Payroll | |
| Knights Inn | |
| Hawthorn Suites | |
Training & Support |
|
| Training | |
| Knights Inn | |
| Hawthorn Suites | Available at headquarters, Available at franchisee's location, At regional location |
| Support | |
| Knights Inn | |
| Hawthorn Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Knights Inn | |
| Hawthorn Suites | Co-op advertising, Ad slicks, National media |
| Operations | |
| Knights Inn | |
| Hawthorn Suites | 20% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 30 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| Knights Inn | 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 |
| Hawthorn Suites | |
| Canada Expansion | |
| Knights Inn | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Hawthorn Suites | |
| International Expansion | |
| Knights Inn | |
| Hawthorn Suites | |