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