Red Carpet Inn vs Value Place Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Red Carpet Inn vs Value Place including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Red Carpet Inn Value Place
Investment 133600 - 2602000 5035000 - 7031000
Franchise Fee
Royalty Fee 3% 5%
Advertising Fee 2.50%
Year Founded 1982 2003
Year Franchised 1982 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Red Carpet Inn Value Place
Experience

Financing Options

  Red Carpet Inn Value Place
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  Red Carpet Inn Value Place
Training
Support
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
Operations

Expansion Plans

  Red Carpet Inn Value Place
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Red Carpet Inn
Value Place
Franchise Fee
Red Carpet Inn
Value Place
Royalty Fee
Red Carpet Inn 3%
Value Place 5%
Advertising Fee
Red Carpet Inn 2.50%
Value Place
Year Founded
Red Carpet Inn 1982
Value Place 2003
Year Franchised
Red Carpet Inn 1982
Value Place 2004
Term Of Agreement
Red Carpet Inn
Value Place 20 years
Renewal Fee
Red Carpet Inn
Value Place 50% of current fran. fee


Business Experience Requirements

Experience
Red Carpet Inn
Value Place

Financing Options

 
Franchise Fees
Red Carpet Inn
Value Place
Start-up Costs
Red Carpet Inn
Value Place
Equipment
Red Carpet Inn}
Value Place
Inventory
Red Carpet Inn
Value Place
Receivables
Red Carpet Inn
Value Place
Payroll
Red Carpet Inn
Value Place

Training & Support

Training
Red Carpet Inn
Value Place
Support
Red Carpet Inn
Value Place
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
Value Place
Operations
Red Carpet Inn
Value Place

Expansion Plans

US Expansion
Red Carpet Inn
Value Place
Canada Expansion
Red Carpet Inn
Value Place 0
International Expansion
Red Carpet Inn
Value Place