Start-Up Costs and Fees |
||
| Downtowner Inns | AFM Hospitality Corporation | |
| Investment | 133600 - 2602000 | 2000000 - 20000000 |
| Franchise Fee | ||
| Royalty Fee | 3% | 3% |
| Advertising Fee | 2.50% | 4% |
| Year Founded | 1982 | 1991 |
| Year Franchised | 1982 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Downtowner Inns | AFM Hospitality Corporation | |
| Experience | ||
Financing Options |
||
| Downtowner Inns | AFM Hospitality Corporation | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| Downtowner Inns | AFM Hospitality Corporation | |
| 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. | |
| Operations | ||
Expansion Plans |
||
| Downtowner Inns | AFM Hospitality Corporation | |
| US Expansion | ||
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Franchise Fee | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Royalty Fee | |
| Downtowner Inns | 3% |
| AFM Hospitality Corporation | 3% |
| Advertising Fee | |
| Downtowner Inns | 2.50% |
| AFM Hospitality Corporation | 4% |
| Year Founded | |
| Downtowner Inns | 1982 |
| AFM Hospitality Corporation | 1991 |
| Year Franchised | |
| Downtowner Inns | 1982 |
| AFM Hospitality Corporation | 1992 |
| Term Of Agreement | |
| Downtowner Inns | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| Renewal Fee | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
Business Experience Requirements |
|
| Experience | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
Financing Options |
|
| Franchise Fees | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Start-up Costs | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Equipment | |
| Downtowner Inns} | |
| AFM Hospitality Corporation | |
| Inventory | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Receivables | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Payroll | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
Training & Support |
|
| Training | |
| Downtowner Inns | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| Support | |
| Downtowner Inns | |
| 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: |
| Marketing | |
| Downtowner Inns | 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. |
| AFM Hospitality Corporation | |
| Operations | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
Expansion Plans |
|
| US Expansion | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| Canada Expansion | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |
| International Expansion | |
| Downtowner Inns | |
| AFM Hospitality Corporation | |