Start-Up Costs and Fees |
||
| AFM Hospitality Corporation | Red Carpet Inn | |
| Investment | 2000000 - 20000000 | 133600 - 2602000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 3% |
| Advertising Fee | 4% | 2.50% |
| Year Founded | 1991 | 1982 |
| Year Franchised | 1992 | 1982 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
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| AFM Hospitality Corporation | Red Carpet Inn | |
| Experience | ||
Financing Options |
||
| AFM Hospitality Corporation | Red Carpet Inn | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| AFM Hospitality Corporation | Red Carpet Inn | |
| Training | On-Site 3-5 Days | |
| Support | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: | |
| Marketing | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider | |
| Operations | ||
Expansion Plans |
||
| AFM Hospitality Corporation | Red Carpet Inn | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Franchise Fee | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Royalty Fee | |
| AFM Hospitality Corporation | 3% |
| Red Carpet Inn | 3% |
| Advertising Fee | |
| AFM Hospitality Corporation | 4% |
| Red Carpet Inn | 2.50% |
| Year Founded | |
| AFM Hospitality Corporation | 1991 |
| Red Carpet Inn | 1982 |
| Year Franchised | |
| AFM Hospitality Corporation | 1992 |
| Red Carpet Inn | 1982 |
| Term Of Agreement | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| Red Carpet Inn | |
| Renewal Fee | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
Business Experience Requirements |
|
| Experience | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
Financing Options |
|
| Franchise Fees | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Start-up Costs | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Equipment | |
| AFM Hospitality Corporation} | |
| Red Carpet Inn | |
| Inventory | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Receivables | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Payroll | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
Training & Support |
|
| Training | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| Red Carpet Inn | |
| Support | |
| AFM Hospitality Corporation | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: |
| Red Carpet Inn | |
| Marketing | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | Hospitality International's Marketing Team works in concert with the Franchise Development Team for the purpose of finding new resources to attract new guests and to retain the current guest base of our franchised locations. In addition, the two teams collaborate to discover creative and cost effective ways to promote Hospitality International's five brands to encourage brand recognition and loyalty. Increasing Reservations is a key component of the Marketing Department's responsibility. Therefore, Corporate Discount Programs, Advertising and E-commerce efforts all combine to support and enhance our Reservation Services. Local Marketing efforts and Training opportunities are discussed in the Support & Benefits section of this site. Logos divider |
| Operations | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
Expansion Plans |
|
| US Expansion | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| Canada Expansion | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |
| International Expansion | |
| AFM Hospitality Corporation | |
| Red Carpet Inn | |