Start-Up Costs and Fees |
||
| Knights Inn | La Quinta | |
| Investment | 93000 - 6277500 | 3822657 - 12901630 |
| Franchise Fee | 0 | |
| Royalty Fee | $21/rm./mo. | 4-4.5% |
| Advertising Fee | 4.50% | |
| Year Founded | 1972 | 1968 |
| Year Franchised | 1991 | 2001 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | La Quinta | |
| Experience | General business experience | |
Financing Options |
||
| Knights Inn | La Quinta | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Knights Inn | La Quinta | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Knights Inn | La Quinta | |
| 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 | |
| La Quinta | |
| Franchise Fee | |
| Knights Inn | |
| La Quinta | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| La Quinta | 4-4.5% |
| Advertising Fee | |
| Knights Inn | |
| La Quinta | 4.50% |
| Year Founded | |
| Knights Inn | 1972 |
| La Quinta | 1968 |
| Year Franchised | |
| Knights Inn | 1991 |
| La Quinta | 2001 |
| Term Of Agreement | |
| Knights Inn | |
| La Quinta | 20 years |
| Renewal Fee | |
| Knights Inn | |
| La Quinta | |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| La Quinta | General business experience |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| La Quinta | |
| Start-up Costs | |
| Knights Inn | |
| La Quinta | |
| Equipment | |
| Knights Inn} | |
| La Quinta | |
| Inventory | |
| Knights Inn | |
| La Quinta | |
| Receivables | |
| Knights Inn | |
| La Quinta | |
| Payroll | |
| Knights Inn | |
| La Quinta | |
Training & Support |
|
| Training | |
| Knights Inn | |
| La Quinta | |
| Support | |
| Knights Inn | |
| La Quinta | Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Knights Inn | |
| La Quinta | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Knights Inn | |
| La Quinta | 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators) |
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 |
| La Quinta | |
| 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 |
| La Quinta | |
| International Expansion | |
| Knights Inn | |
| La Quinta | |