Franchimp Summary Rating
Higher than 62% of peers
Employee Contact Database
| # | Name | Position | Phone Number | Email Address |
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FAQ
How much investment do I need to start my own Night Hotels business?
Franchisees typically require at least $10,337,170 to $10,337,170 investment to get their Night Hotels business started
What are the initial franchise fees for Night Hotels?
Franchisees typically need to pay at least $35,000 in fees directly to Night Hotels in order to earn the right to launch their business
How much money can I make with a Night Hotels franchise? What are
the average revenues for a typical Night Hotels business?
We haven’t done the math on how much revenue a typical
Night Hotels brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Night Hotels to generate a similar amount
How long do I need to commit to running a Night 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
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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