My Place Hotels vs AFM Hospitality Corporation Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of My Place Hotels vs AFM Hospitality Corporation including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
  My Place Hotels AFM Hospitality Corporation
Investment 4108050 - 5709950 2000000 - 20000000
Franchise Fee
Royalty Fee 3%
Advertising Fee 4%
Year Founded 2014 1991
Year Franchised 2014 1992
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  My Place Hotels AFM Hospitality Corporation
Experience

Financing Options
  My Place Hotels AFM Hospitality Corporation
 
Franchise Fees
Start-up Costs
Equipment
Inventory
Receivables
Payroll

Training & Support
  My Place Hotels AFM Hospitality Corporation
Training On-Site 3-5 Days
Support Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline:
Marketing
Operations

Expansion Plans
  My Place Hotels AFM Hospitality Corporation
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
International Expansion

Start-Up Costs and Fees Mobile
Investment
My Place Hotels
AFM Hospitality Corporation
Franchise Fee
My Place Hotels
AFM Hospitality Corporation
Royalty Fee
My Place Hotels
AFM Hospitality Corporation 3%
Advertising Fee
My Place Hotels
AFM Hospitality Corporation 4%
Year Founded
My Place Hotels 2014
AFM Hospitality Corporation 1991
Year Franchised
My Place Hotels 2014
AFM Hospitality Corporation 1992
Term Of Agreement
My Place Hotels
AFM Hospitality Corporation 5/5/5/5 Years
Renewal Fee
My Place Hotels
AFM Hospitality Corporation


Business Experience Requirements
Experience
My Place Hotels
AFM Hospitality Corporation

Financing Options
 
Franchise Fees
My Place Hotels
AFM Hospitality Corporation
Start-up Costs
My Place Hotels
AFM Hospitality Corporation
Equipment
My Place Hotels}
AFM Hospitality Corporation
Inventory
My Place Hotels
AFM Hospitality Corporation
Receivables
My Place Hotels
AFM Hospitality Corporation
Payroll
My Place Hotels
AFM Hospitality Corporation

Training & Support
Training
My Place Hotels
AFM Hospitality Corporation On-Site 3-5 Days
Support
My Place Hotels
AFM Hospitality Corporation Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline:
Marketing
My Place Hotels
AFM Hospitality Corporation
Operations
My Place Hotels
AFM Hospitality Corporation

Expansion Plans
US Expansion
My Place Hotels 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
AFM Hospitality Corporation
Canada Expansion
My Place Hotels
AFM Hospitality Corporation
International Expansion
My Place Hotels
AFM Hospitality Corporation