Value Place vs Hospitality Franchise Comparison

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

Start-Up Costs and Fees

  Value Place Hospitality
Investment 5035000 - 7031000 133600 - 2602000
Franchise Fee 0
Royalty Fee 5% $35/rm/night
Advertising Fee
Year Founded 2003 1971
Year Franchised 2004 1982
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Value Place Hospitality
Experience

Financing Options

  Value Place Hospitality
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Value Place 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

  Value Place 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
Value Place
Hospitality
Franchise Fee
Value Place
Hospitality
Royalty Fee
Value Place 5%
Hospitality $35/rm/night
Advertising Fee
Value Place
Hospitality
Year Founded
Value Place 2003
Hospitality 1971
Year Franchised
Value Place 2004
Hospitality 1982
Term Of Agreement
Value Place 20 years
Hospitality 5 years
Renewal Fee
Value Place 50% of current fran. fee
Hospitality


Business Experience Requirements

Experience
Value Place
Hospitality

Financing Options

 
Franchise Fees
Value Place No
Hospitality No
Start-up Costs
Value Place
Hospitality
Equipment
Value Place}
Hospitality
Inventory
Value Place
Hospitality
Receivables
Value Place
Hospitality
Payroll
Value Place
Hospitality

Training & Support

Training
Value Place
Hospitality Classroom Training: 10.5 hours Additional Training: At regional training seminars
Support
Value Place
Hospitality Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations
Marketing
Value Place
Hospitality Ad Templates Regional Advertising Social media Website development Email marketing
Operations
Value Place
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
Value Place
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
Value Place 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
Value Place
Hospitality