Novotel Franchise

Full-service hotels

AAPL Price Today by TradingView
Establishing franchised and corporate full-service hotels in all major cities across the country serving the top end of the mid-scale segment of the market. Providing franchisees with extensive and dedicated franchise services, national sales & marketing, training and purchasing power.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


It's time to give yourself permission to build your days around what's important to you! You're in Control!
For more information, complete our FREE FRANCHISE ADVICE form!
 
Please Note: The operators of Novotel, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Novotel website.

How much does it cost to open a Novotel Franchise ?

The investment required to open a Novotel Franchise is $1,000,000 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Novotel name.

Individual Franchise Costs

  • Initial Investment:
    $1,000,000
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Novotel Growth History

When did the first Novotel open? N/A
When did Novotel start Franchising ? N/A


How much does a Novotel Franchise owner make?

How much money you could make as a Novotel Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Novotel Franchise owner may include rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - And Up
Initial Franchise Fee
$50,000
Latest News
Novotel Revamps Toronto Airport Property With New, Modern Furnishings To Appeal To Business And Leisure Travelers
Toronto
2006-09-19 View All

Sister Companies

Novotel Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Novotel and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing an Novotel franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.