Start-Up Costs and Fees |
||
| Knights Inn | WoodSpring Suites | |
| Investment | 93000 - 6277500 | 5035000 - 7031000 |
| Franchise Fee | ||
| Royalty Fee | $21/rm./mo. | 5% |
| Advertising Fee | 2.50% | |
| Year Founded | 1972 | 2003 |
| Year Franchised | 1991 | 2004 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | WoodSpring Suites | |
| Experience | ||
Financing Options |
||
| Knights Inn | WoodSpring Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Knights Inn | WoodSpring Suites | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| Knights Inn | WoodSpring 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 | |
| WoodSpring Suites | |
| Franchise Fee | |
| Knights Inn | |
| WoodSpring Suites | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| WoodSpring Suites | 5% |
| Advertising Fee | |
| Knights Inn | |
| WoodSpring Suites | 2.50% |
| Year Founded | |
| Knights Inn | 1972 |
| WoodSpring Suites | 2003 |
| Year Franchised | |
| Knights Inn | 1991 |
| WoodSpring Suites | 2004 |
| Term Of Agreement | |
| Knights Inn | |
| WoodSpring Suites | |
| Renewal Fee | |
| Knights Inn | |
| WoodSpring Suites | |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| WoodSpring Suites | |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| WoodSpring Suites | |
| Start-up Costs | |
| Knights Inn | |
| WoodSpring Suites | |
| Equipment | |
| Knights Inn} | |
| WoodSpring Suites | |
| Inventory | |
| Knights Inn | |
| WoodSpring Suites | |
| Receivables | |
| Knights Inn | |
| WoodSpring Suites | |
| Payroll | |
| Knights Inn | |
| WoodSpring Suites | |
Training & Support |
|
| Training | |
| Knights Inn | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Support | |
| Knights Inn | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Knights Inn | |
| WoodSpring Suites | |
| Operations | |
| Knights Inn | |
| WoodSpring Suites | |
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 |
| WoodSpring 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 |
| WoodSpring Suites | |
| International Expansion | |
| Knights Inn | |
| WoodSpring Suites | |