Start-Up Costs and Fees |
||
| Sleep Inn | Hospitality | |
| Investment | 0 - 0 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | 4.65% | $35/rm/night |
| Advertising Fee | 3.85% | |
| Year Founded | 0 | 1971 |
| Year Franchised | 0 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Sleep Inn | Hospitality | |
| Experience | ||
Financing Options |
||
| Sleep Inn | Hospitality | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Sleep 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 | 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 |
||
| Sleep 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 | |
| Sleep Inn | |
| Hospitality | |
| Franchise Fee | |
| Sleep Inn | |
| Hospitality | |
| Royalty Fee | |
| Sleep Inn | 4.65% |
| Hospitality | $35/rm/night |
| Advertising Fee | |
| Sleep Inn | 3.85% |
| Hospitality | |
| Year Founded | |
| Sleep Inn | 0 |
| Hospitality | 1971 |
| Year Franchised | |
| Sleep Inn | 0 |
| Hospitality | 1982 |
| Term Of Agreement | |
| Sleep Inn | 20 years |
| Hospitality | 5 years |
| Renewal Fee | |
| Sleep Inn | |
| Hospitality | |
Business Experience Requirements |
|
| Experience | |
| Sleep Inn | |
| Hospitality | |
Financing Options |
|
| Franchise Fees | |
| Sleep Inn | |
| Hospitality | |
| Start-up Costs | |
| Sleep Inn | |
| Hospitality | |
| Equipment | |
| Sleep Inn} | |
| Hospitality | |
| Inventory | |
| Sleep Inn | |
| Hospitality | |
| Receivables | |
| Sleep Inn | |
| Hospitality | |
| Payroll | |
| Sleep Inn | |
| Hospitality | |
Training & Support |
|
| Training | |
| Sleep Inn | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | |
| Sleep Inn | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| Sleep Inn | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| Sleep 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 | |
| Sleep 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 | |
| Sleep 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 | |
| Sleep Inn | |
| Hospitality | |