Franchimp Summary Rating
Higher than 52% of peers
Holiday Inn Express Franchise System Development in 2024
FAQ
How much investment do I need to start my own Holiday Inn Express business?
Franchisees typically require at least $12,847,351 to $19,461,100 investment to get their Holiday Inn Express business started
What are the initial franchise fees for Holiday Inn Express?
Franchisees typically need to pay at least $138,500 in fees directly to Holiday Inn Express in order to earn the right to launch their business
How much money can I make with a Holiday Inn Express franchise? What are
the average revenues for a typical Holiday Inn Express business?
We haven’t done the math on how much revenue a typical
Holiday Inn Express brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Holiday Inn Express to generate a similar amount
How long do I need to commit to running a Holiday Inn Express unit? What
is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are
also generally 10 years
Accessibility
The Franchisor's investment costs ranges from
$12,847,351 to $19,461,100
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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