Start-Up Costs and Fees |
||
| Knights Inn | Ramada Worldwide | |
| Investment | 93000 - 6277500 | 220731 - 9291313 |
| Franchise Fee | 0 | |
| Royalty Fee | $21/rm./mo. | 4.50% |
| Advertising Fee | 4% | |
| Year Founded | 1972 | 1954 |
| Year Franchised | 1991 | 1990 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | Ramada Worldwide | |
| Experience | ||
Financing Options |
||
| Knights Inn | Ramada Worldwide | |
| Franchise Fees | No | |
| Start-up Costs | Yes | |
| Equipment | Yes | |
| Inventory | Yes | |
| Receivables | Yes | |
| Payroll | Yes | |
Training & Support |
||
| Knights Inn | Ramada Worldwide | |
| Training | Regional workshops | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 10 - 15 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Knights Inn | Ramada Worldwide | |
| 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 | |
| Ramada Worldwide | |
| Franchise Fee | |
| Knights Inn | |
| Ramada Worldwide | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| Ramada Worldwide | 4.50% |
| Advertising Fee | |
| Knights Inn | |
| Ramada Worldwide | 4% |
| Year Founded | |
| Knights Inn | 1972 |
| Ramada Worldwide | 1954 |
| Year Franchised | |
| Knights Inn | 1991 |
| Ramada Worldwide | 1990 |
| Term Of Agreement | |
| Knights Inn | |
| Ramada Worldwide | 15-20 years |
| Renewal Fee | |
| Knights Inn | |
| Ramada Worldwide | |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| Ramada Worldwide | |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| Ramada Worldwide | |
| Start-up Costs | |
| Knights Inn | |
| Ramada Worldwide | |
| Equipment | |
| Knights Inn} | |
| Ramada Worldwide | |
| Inventory | |
| Knights Inn | |
| Ramada Worldwide | |
| Receivables | |
| Knights Inn | |
| Ramada Worldwide | |
| Payroll | |
| Knights Inn | |
| Ramada Worldwide | |
Training & Support |
|
| Training | |
| Knights Inn | |
| Ramada Worldwide | Regional workshops |
| Support | |
| Knights Inn | |
| Ramada Worldwide | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations |
| Marketing | |
| Knights Inn | |
| Ramada Worldwide | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Knights Inn | |
| Ramada Worldwide | Number of employees needed to run franchised unit: 10 - 15 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 |
| Ramada Worldwide | |
| 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 |
| Ramada Worldwide | |
| International Expansion | |
| Knights Inn | |
| Ramada Worldwide | |