Start-Up Costs and Fees |
||
| Park Plaza Hotels and Resorts | Knights Inn | |
| Investment | 187500 - 1200000 | 93000 - 6277500 |
| Franchise Fee | ||
| Royalty Fee | 5% | $21/rm./mo. |
| Advertising Fee | ||
| Year Founded | 1986 | 1972 |
| Year Franchised | 1993 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Park Plaza Hotels and Resorts | Knights Inn | |
| Experience | ||
Financing Options |
||
| Park Plaza Hotels and Resorts | Knights Inn | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Park Plaza Hotels and Resorts | Knights Inn | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Park Plaza Hotels and Resorts | Knights Inn | |
| 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 | 0 | 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 | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Franchise Fee | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Royalty Fee | |
| Park Plaza Hotels and Resorts | 5% |
| Knights Inn | $21/rm./mo. |
| Advertising Fee | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Year Founded | |
| Park Plaza Hotels and Resorts | 1986 |
| Knights Inn | 1972 |
| Year Franchised | |
| Park Plaza Hotels and Resorts | 1993 |
| Knights Inn | 1991 |
| Term Of Agreement | |
| Park Plaza Hotels and Resorts | 15 years |
| Knights Inn | |
| Renewal Fee | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
Business Experience Requirements |
|
| Experience | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
Financing Options |
|
| Franchise Fees | |
| Park Plaza Hotels and Resorts | No |
| Knights Inn | No |
| Start-up Costs | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Equipment | |
| Park Plaza Hotels and Resorts} | |
| Knights Inn | |
| Inventory | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Receivables | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Payroll | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
Training & Support |
|
| Training | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |
| Support | |
| Park Plaza Hotels and Resorts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Knights Inn | |
| Marketing | |
| Park Plaza Hotels and Resorts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Knights Inn | |
| Operations | |
| Park Plaza Hotels and Resorts | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. |
| Knights Inn | |
Expansion Plans |
|
| US Expansion | |
| Park Plaza Hotels and Resorts | |
| 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 |
| Canada Expansion | |
| Park Plaza Hotels and Resorts | 0 |
| Knights Inn | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Park Plaza Hotels and Resorts | |
| Knights Inn | |