Value Place vs Novotel Franchise Comparison

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

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


Business Experience Requirements
  Value Place Novotel
Experience

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

Training & Support
  Value Place Novotel
Training
Support
Marketing
Operations

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

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


Business Experience Requirements
Experience
Value Place
Novotel

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

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

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