Start-Up Costs and Fees |
||
| Knights Inn | Park Plaza Hotels and Resorts | |
| Investment | 93000 - 6277500 | 187500 - 1200000 |
| Franchise Fee | ||
| Royalty Fee | $21/rm./mo. | 5% |
| Advertising Fee | ||
| Year Founded | 1972 | 1986 |
| Year Franchised | 1991 | 1993 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Knights Inn | Park Plaza Hotels and Resorts | |
| Experience | ||
Financing Options |
||
| Knights Inn | Park Plaza Hotels and Resorts | |
| Franchise Fees | No | |
| Start-up Costs | No | |
| Equipment | No | |
| Inventory | No | |
| Receivables | No | |
| Payroll | No | |
Training & Support |
||
| Knights Inn | Park Plaza Hotels and Resorts | |
| Training | ||
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives | |
| Marketing | Co-op advertising, Ad slicks, National media, Regional advertising | |
| Operations | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. | |
Expansion Plans |
||
| Knights Inn | Park Plaza Hotels and Resorts | |
| 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 | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Franchise Fee | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Royalty Fee | |
| Knights Inn | $21/rm./mo. |
| Park Plaza Hotels and Resorts | 5% |
| Advertising Fee | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Year Founded | |
| Knights Inn | 1972 |
| Park Plaza Hotels and Resorts | 1986 |
| Year Franchised | |
| Knights Inn | 1991 |
| Park Plaza Hotels and Resorts | 1993 |
| Term Of Agreement | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | 15 years |
| Renewal Fee | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
Business Experience Requirements |
|
| Experience | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
Financing Options |
|
| Franchise Fees | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Start-up Costs | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Equipment | |
| Knights Inn} | |
| Park Plaza Hotels and Resorts | |
| Inventory | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Receivables | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Payroll | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
Training & Support |
|
| Training | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |
| Support | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives |
| Marketing | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | Co-op advertising, Ad slicks, National media, Regional advertising |
| Operations | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | Number of employees needed to run franchised unit: 40 Absentee ownership of franchise is allowed. |
Expansion Plans |
|
| US Expansion | |
| 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 |
| Park Plaza Hotels and Resorts | |
| Canada Expansion | |
| Knights Inn | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Park Plaza Hotels and Resorts | 0 |
| International Expansion | |
| Knights Inn | |
| Park Plaza Hotels and Resorts | |