Microtel Inns & Suites vs AFM Hospitality Corporation Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Microtel Inns & Suites vs AFM Hospitality Corporation including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  Microtel Inns & Suites AFM Hospitality Corporation
Investment 5709119 - 6799356 2000000 - 20000000
Franchise Fee
Royalty Fee 6% 3%
Advertising Fee 2% 4%
Year Founded 1987 1991
Year Franchised 1988 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Microtel Inns & Suites AFM Hospitality Corporation
Experience General business experience

Financing Options
  Microtel Inns & Suites AFM Hospitality Corporation
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Microtel Inns & Suites AFM Hospitality Corporation
Training On-Site 3-5 Days
Support Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline:
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed.

Expansion Plans
  Microtel Inns & Suites AFM Hospitality Corporation
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Microtel Inns & Suites
AFM Hospitality Corporation
Franchise Fee
Microtel Inns & Suites
AFM Hospitality Corporation
Royalty Fee
Microtel Inns & Suites 6%
AFM Hospitality Corporation 3%
Advertising Fee
Microtel Inns & Suites 2%
AFM Hospitality Corporation 4%
Year Founded
Microtel Inns & Suites 1987
AFM Hospitality Corporation 1991
Year Franchised
Microtel Inns & Suites 1988
AFM Hospitality Corporation 1992
Term Of Agreement
Microtel Inns & Suites 20 years
AFM Hospitality Corporation 5/5/5/5 Years
Renewal Fee
Microtel Inns & Suites 50% of current franchise fee
AFM Hospitality Corporation


Business Experience Requirements
Experience
Microtel Inns & Suites General business experience
AFM Hospitality Corporation

Financing Options
 
Franchise Fees
Microtel Inns & Suites No
AFM Hospitality Corporation No
Start-up Costs
Microtel Inns & Suites
AFM Hospitality Corporation
Equipment
Microtel Inns & Suites}
AFM Hospitality Corporation
Inventory
Microtel Inns & Suites
AFM Hospitality Corporation
Receivables
Microtel Inns & Suites
AFM Hospitality Corporation
Payroll
Microtel Inns & Suites
AFM Hospitality Corporation

Training & Support
Training
Microtel Inns & Suites
AFM Hospitality Corporation On-Site 3-5 Days
Support
Microtel Inns & Suites Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
AFM Hospitality Corporation Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline:
Marketing
Microtel Inns & Suites Co-op advertising, Ad slicks, National media, Regional advertising
AFM Hospitality Corporation
Operations
Microtel Inns & Suites 30% of all franchisees own more than one unit Number of employees needed to run franchised unit: 12 - 20 Absentee ownership of franchise is allowed.
AFM Hospitality Corporation

Expansion Plans
US Expansion
Microtel Inns & Suites
AFM Hospitality Corporation
Canada Expansion
Microtel Inns & Suites 0
AFM Hospitality Corporation
International Expansion
Microtel Inns & Suites
AFM Hospitality Corporation