Novotel vs Value Place Franchise Comparison

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

Start-Up Costs and Fees
  Novotel Value Place
Investment 1000000 - 999999 5035000 - 7031000
Franchise Fee
Royalty Fee 5%
Advertising Fee
Year Founded 0 2003
Year Franchised 0 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Novotel Value Place
Experience

Financing Options
  Novotel Value Place
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Novotel Value Place
Training
Support
Marketing
Operations

Expansion Plans
  Novotel Value Place
US Expansion
Canada Expansion 0 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Novotel
Value Place
Franchise Fee
Novotel
Value Place
Royalty Fee
Novotel
Value Place 5%
Advertising Fee
Novotel
Value Place
Year Founded
Novotel 0
Value Place 2003
Year Franchised
Novotel 0
Value Place 2004
Term Of Agreement
Novotel
Value Place 20 years
Renewal Fee
Novotel
Value Place 50% of current fran. fee


Business Experience Requirements
Experience
Novotel
Value Place

Financing Options
 
Franchise Fees
Novotel
Value Place
Start-up Costs
Novotel
Value Place
Equipment
Novotel}
Value Place
Inventory
Novotel
Value Place
Receivables
Novotel
Value Place
Payroll
Novotel
Value Place

Training & Support
Training
Novotel
Value Place
Support
Novotel
Value Place
Marketing
Novotel
Value Place
Operations
Novotel
Value Place

Expansion Plans
US Expansion
Novotel
Value Place
Canada Expansion
Novotel 0
Value Place 0
International Expansion
Novotel
Value Place