Start-Up Costs and Fees |
||
| America's Best Inns & Suites | Hospitality | |
| Investment | 109250 - 5836500 | 133600 - 2602000 |
| Franchise Fee | 0 | |
| Royalty Fee | 17.50 -$22.50/room/mo. | $35/rm/night |
| Advertising Fee | ||
| Year Founded | 1970 | 1971 |
| Year Franchised | 1982 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| America's Best Inns & Suites | Hospitality | |
| Experience | ||
Financing Options |
||
| America's Best Inns & Suites | Hospitality | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| America's Best Inns & Suites | Hospitality | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. | 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 |
||
| America's Best Inns & Suites | 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 | 0 | 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 | |
| America's Best Inns & Suites | |
| Hospitality | |
| Franchise Fee | |
| America's Best Inns & Suites | |
| Hospitality | |
| Royalty Fee | |
| America's Best Inns & Suites | 17.50 -$22.50/room/mo. |
| Hospitality | $35/rm/night |
| Advertising Fee | |
| America's Best Inns & Suites | |
| Hospitality | |
| Year Founded | |
| America's Best Inns & Suites | 1970 |
| Hospitality | 1971 |
| Year Franchised | |
| America's Best Inns & Suites | 1982 |
| Hospitality | 1982 |
| Term Of Agreement | |
| America's Best Inns & Suites | |
| Hospitality | 5 years |
| Renewal Fee | |
| America's Best Inns & Suites | 50% of then-current fran. fee |
| Hospitality | |
Business Experience Requirements |
|
| Experience | |
| America's Best Inns & Suites | |
| Hospitality | |
Financing Options |
|
| Franchise Fees | |
| America's Best Inns & Suites | No |
| Hospitality | No |
| Start-up Costs | |
| America's Best Inns & Suites | |
| Hospitality | |
| Equipment | |
| America's Best Inns & Suites} | |
| Hospitality | |
| Inventory | |
| America's Best Inns & Suites | |
| Hospitality | |
| Receivables | |
| America's Best Inns & Suites | |
| Hospitality | |
| Payroll | |
| America's Best Inns & Suites | |
| Hospitality | |
Training & Support |
|
| Training | |
| America's Best Inns & Suites | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Support | |
| America's Best Inns & Suites | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Marketing | |
| America's Best Inns & Suites | Co-op advertising, Ad slicks, National media, Regional advertising |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Operations | |
| America's Best Inns & Suites | Number of employees needed to run franchised unit: 6 - 12 Absentee ownership of franchise is allowed. |
| 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 | |
| America's Best Inns & Suites | |
| 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 | |
| America's Best Inns & Suites | 0 |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| America's Best Inns & Suites | |
| Hospitality | |