Start-Up Costs and Fees |
||
| Red Carpet Inn | Hospitality | |
| Investment | 133600 - 2602000 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | 3% | $35/rm/night |
| Advertising Fee | 2.50% | |
| Year Founded | 1982 | 1971 |
| Year Franchised | 1982 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Red Carpet Inn | Hospitality | |
| Experience | ||
Financing Options |
||
| Red Carpet Inn | Hospitality | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Red Carpet Inn | Hospitality | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Red Carpet Inn | Hospitality | |
| 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 | |
| Red Carpet Inn | |
| Hospitality | |
| Franchise Fee | |
| Red Carpet Inn | |
| Hospitality | |
| Royalty Fee | |
| Red Carpet Inn | 3% |
| Hospitality | $35/rm/night |
| Advertising Fee | |
| Red Carpet Inn | 2.50% |
| Hospitality | |
| Year Founded | |
| Red Carpet Inn | 1982 |
| Hospitality | 1971 |
| Year Franchised | |
| Red Carpet Inn | 1982 |
| Hospitality | 1982 |
| Term Of Agreement | |
| Red Carpet Inn | |
| Hospitality | 5 years |
| Renewal Fee | |
| Red Carpet Inn | |
| Hospitality | |
Business Experience Requirements |
|
| Experience | |
| Red Carpet Inn | |
| Hospitality | |
Financing Options |
|
| Franchise Fees | |
| Red Carpet Inn | |
| Hospitality | |
| Start-up Costs | |
| Red Carpet Inn | |
| Hospitality | |
| Equipment | |
| Red Carpet Inn} | |
| Hospitality | |
| Inventory | |
| Red Carpet Inn | |
| Hospitality | |
| Receivables | |
| Red Carpet Inn | |
| Hospitality | |
| Payroll | |
| Red Carpet Inn | |
| Hospitality | |
Training & Support |
|
| Training | |
| Red Carpet Inn | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | |
| Red Carpet Inn | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Red Carpet Inn | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| Red Carpet Inn | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
Expansion Plans |
|
| US Expansion | |
| Red Carpet Inn | |
| Hospitality | 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 | |
| Red Carpet Inn | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| Red Carpet Inn | |
| Hospitality | |