9/10

Franchimp Summary Rating

9 /10
Lower than 11% of peers

Franchise Summary

Description
The franchise offered in this disclosure document is for the rightto operate a Knights Inn branded hotel.
Company Background
The Knights Inn franchise offers the opportunity to operate a hotel in one of our many desirable locations. We are currently franchising properties in 48 states, with over 500 hotels open and operating today. The Knights Inn brand is committed to providing travelers with an affordable stay that includes clean rooms, comfortable beds, free breakfast and free high-speed internet access. We offer three types of franchises: Super 8 by Wyndham - for those who want an established national name at the lowest possible cost; Knight's Inn - for those who want a full service budget motel experience; or Quality Hotel & Suites by Knights Inn - for those who are interested in running quality hotels with all amenities included.
Franchise Opportunity
Finding a good, clean and affordable hotel room is hard. The franchise offered in this disclosure document is for the right to operate a Knights Inn branded hotel. This business will allow you to provide high quality rooms at an affordable price. With over 300 hotels in the United States, Canada and Mexico there are plenty of locations where you can open your own Knights Innhotel. Our brand has been around since 1972 so we know what it takes to run a successful hotel business! We'll be with you every step of the way as we teach you how to start your new franchise today!
Corporate Structure
Knights Franchise Systems, Inc. is a Delaware corporation, incorporated on September 20, 1994. They are a subsidiary of Wyndham Hotel Group, LLC, a Delaware limited liability company, which is owned by Wyndham Worldwide Corporation, a Delaware limited liability company. Their  principal business address is 22 Sylvan Way, Parsippany, New Jersey 07054.

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Knights Inn (Red Lion Hotels) Franchisees

Knights Inn (Red Lion Hotels) Franchise System Development in 2021

FAQ

How much investment do I need to start my own Knights Inn (Red Lion Hotels) business?
Franchisees typically require at least $144 to $1 investment to get their Knights Inn (Red Lion Hotels) business started
What are the initial franchise fees for Knights Inn (Red Lion Hotels)?
Franchisees typically need to pay at least $24 in fees directly to Knights Inn (Red Lion Hotels) in order to earn the right to launch their business
How much money can I make with a Knights Inn (Red Lion Hotels) franchise? What are the average revenues for a typical Knights Inn (Red Lion Hotels) business?
We haven’t done the math on how much revenue a typical Knights Inn (Red Lion Hotels) brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Knights Inn (Red Lion Hotels) to generate a similar amount
How long do I need to commit to running a Knights Inn (Red Lion Hotels) unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

9 /10
The Franchisor's investment costs ranges from $144,695 to $1,273,195 which is Much Lower than the $0 to $0 average in the Lodging industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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