Start-Up Costs and Fees |
||
| WoodSpring Suites | Knights Inn | |
| Investment | 5035000 - 7031000 | 93000 - 6277500 |
| Franchise Fee | ||
| Royalty Fee | 5% | $21/rm./mo. |
| Advertising Fee | 2.50% | |
| Year Founded | 2003 | 1972 |
| Year Franchised | 2004 | 1991 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| WoodSpring Suites | Knights Inn | |
| Experience | ||
Financing Options |
||
| WoodSpring Suites | Knights Inn | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| WoodSpring Suites | Knights Inn | |
| Training | On-The-Job Training: Upon request Classroom Training: Varies | |
| Support | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| WoodSpring Suites | Knights Inn | |
| 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 | 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 | |
| WoodSpring Suites | |
| Knights Inn | |
| Franchise Fee | |
| WoodSpring Suites | |
| Knights Inn | |
| Royalty Fee | |
| WoodSpring Suites | 5% |
| Knights Inn | $21/rm./mo. |
| Advertising Fee | |
| WoodSpring Suites | 2.50% |
| Knights Inn | |
| Year Founded | |
| WoodSpring Suites | 2003 |
| Knights Inn | 1972 |
| Year Franchised | |
| WoodSpring Suites | 2004 |
| Knights Inn | 1991 |
| Term Of Agreement | |
| WoodSpring Suites | |
| Knights Inn | |
| Renewal Fee | |
| WoodSpring Suites | |
| Knights Inn | |
Business Experience Requirements |
|
| Experience | |
| WoodSpring Suites | |
| Knights Inn | |
Financing Options |
|
| Franchise Fees | |
| WoodSpring Suites | |
| Knights Inn | |
| Start-up Costs | |
| WoodSpring Suites | |
| Knights Inn | |
| Equipment | |
| WoodSpring Suites} | |
| Knights Inn | |
| Inventory | |
| WoodSpring Suites | |
| Knights Inn | |
| Receivables | |
| WoodSpring Suites | |
| Knights Inn | |
| Payroll | |
| WoodSpring Suites | |
| Knights Inn | |
Training & Support |
|
| Training | |
| WoodSpring Suites | On-The-Job Training: Upon request Classroom Training: Varies |
| Knights Inn | |
| Support | |
| WoodSpring Suites | Purchasing Co-ops Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Knights Inn | |
| Marketing | |
| WoodSpring Suites | |
| Knights Inn | |
| Operations | |
| WoodSpring Suites | |
| Knights Inn | |
Expansion Plans |
|
| US Expansion | |
| WoodSpring Suites | |
| Knights Inn | 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 | |
| WoodSpring Suites | |
| Knights Inn | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| International Expansion | |
| WoodSpring Suites | |
| Knights Inn | |