4/10

Franchimp Summary Rating

4 /10
Investment Accessibility
Higher than 62% of peers

Franchise Summary

Description
Franchisees will own and operate hotels offering distinctive, high quality lodging services to the general public under the name "American Idea Hotels. "
Company Background
American Idea Hotels is committed to unmatched quality and service, providing guests with a unique experience. The hotels will be managed by franchisees who will own and operate the hotels under the name "American Idea(TM) Hotels" for their local communities. American Idea Hotels is looking for people who are committed to excellence in customer service and providing one-of-a-kind experiences to their guests.
Franchise Opportunity
The hotel industry is a $200 billion dollar market, but it's also crowded with competition. Most of the hotels you stay at are either corporate giants or mom and pop operations that don't have what it takes to compete in this cutthroat industry. American Idea Hotels will be better than any other hotel on the market because they'll be backed by a powerful brand and an experienced management team that has been carefully selected from some of America's most successful businesses. This isn't just a business opportunity; It's an investment in your future!
Corporate Structure
T Express LLC is a Delaware limited liability company organized on March 10, 2017. Their principal business address is 725 Fifth Avenue New York, New York 10022.
Investment and Franchisee Fees
The total investment necessary estimated  to construct and begin operation of a typical American Idea™ Hotel will range from $5,805,250 to $10,012,500, which includes $44,500 that must be paid to the franchisor. The above estimate excludes the purchase price of the real estate and site preparation expenses.

FAQ

How much investment do I need to start my own American Idea Hotels business?
Franchisees typically require at least $5,805,250 to $5,805,250 investment to get their American Idea Hotels business started
What are the initial franchise fees for American Idea Hotels?
Franchisees typically need to pay at least $35,000 in fees directly to American Idea Hotels in order to earn the right to launch their business
How much money can I make with a American Idea Hotels franchise? What are the average revenues for a typical American Idea Hotels business?
We haven’t done the math on how much revenue a typical American Idea Hotels brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect American Idea Hotels to generate a similar amount
How long do I need to commit to running a American Idea Hotels unit? What is my contractual commitment?
American Idea Hotels franchisees are typically required to sign up to a 10 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

4 /10
The Franchisor's investment costs ranges from $10,151,300 to $37,430,300 which is Much Higher 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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