Start-Up Costs and Fees |
||
| Knights Inn | Wyndham Hotels & Resorts | |
| Investment | 93000 - 6277500 | 42112580 - 69188897 |
| Franchise Fee | ||
| Royalty Fee | $21/rm./mo. | 5% |
| Advertising Fee | 3% | |
| Year Founded | 1972 | 1981 |
| Year Franchised | 1991 | 1996 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | Wyndham Hotels & Resorts | |
| Experience | ||
Financing Options |
||
| Knights Inn | Wyndham Hotels & Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Knights Inn | Wyndham Hotels & Resorts | |
| Training | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform | |
| Marketing | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app | |
| Operations | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 | |
Expansion Plans |
||
| Knights Inn | Wyndham Hotels & Resorts | |
| 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 | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Franchise Fee | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| Wyndham Hotels & Resorts | 5% |
| Advertising Fee | |
| Knights Inn | |
| Wyndham Hotels & Resorts | 3% |
| Year Founded | |
| Knights Inn | 1972 |
| Wyndham Hotels & Resorts | 1981 |
| Year Franchised | |
| Knights Inn | 1991 |
| Wyndham Hotels & Resorts | 1996 |
| Term Of Agreement | |
| Knights Inn | |
| Wyndham Hotels & Resorts | 15-20 YEARS |
| Renewal Fee | |
| Knights Inn | |
| Wyndham Hotels & Resorts | Negotiable, renewable |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Start-up Costs | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Equipment | |
| Knights Inn} | |
| Wyndham Hotels & Resorts | |
| Inventory | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Receivables | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
| Payroll | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |
Training & Support |
|
| Training | |
| Knights Inn | |
| Wyndham Hotels & Resorts | On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops |
| Support | |
| Knights Inn | |
| Wyndham Hotels & Resorts | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Franchisee Intranet Platform |
| Marketing | |
| Knights Inn | |
| Wyndham Hotels & Resorts | Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations | |
| Knights Inn | |
| Wyndham Hotels & Resorts | Absentee Ownership Allowed Number of Employees Required to Run: 10 - 15 |
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 |
| Wyndham Hotels & Resorts | |
| 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 |
| Wyndham Hotels & Resorts | 0 |
| International Expansion | |
| Knights Inn | |
| Wyndham Hotels & Resorts | |