Hospitality Franchise
Hotel
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Hospitality Franchise ?
The investment required to open a Hospitality Franchise is between $133,600 - $2,602,000 . There is an initial franchise fee of $5,000 -$15,000 which grants you the license to run a business under the Hospitality name.
Individual Franchise Costs
- Initial Investment:
$133,600 - - Initial Franchise Fee:
$5,000 - $15,000 - Royalty Fee:
$35/rm/night - Term of Agreement:
5 years
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | No | No |
| Startup Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Accounts Receivable | No | No |
| Payroll | No | No |
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
Hospitality Growth History
When did the first Hospitality open? 1971When did Hospitality start Franchising ? 1982
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
Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory
Your income potential as a Hospitality Franchise entrepreneur depends vastly on many factors. As an entrepreneur, the goals to achieve are related to expanding sales while lowering your oper_ation costs and increasing the quality of your products and or services. Each month your oper_ating costs can include royalty fees, mortgage / rent, supplies for products, staffing, utilities, bookwork, stationary and other items. From one month to the ext, you _may find your costs fluctuate, but your up-front costs are, for the most part, fixed and they will cover most of the initial setup of equipment, signage and renovations.
Legal Disclaimer: This information is not a franchise offering for Hospitality and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Hospitality franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.