- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$54.7M - $77.1M
- Units as of 2023
-
75 4.2% over 3 years
Company Overview
About Kimpton Hotels & Restaurants
Business Overview
Franchising Since | 1981 (43 years) |
---|---|
# of employees at HQ | 1,711 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 75 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Kimpton Hotels & Restaurants franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$100,000 |
---|---|
Initial Investment
|
$54,726,187 - $77,062,781 |
Royalty Fee
|
6% |
Term of Agreement
|
20 years (average) |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | Varies |
---|---|
Classroom Training | Varies |
Ongoing Support |
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Site Selection
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
SEO
Website Development
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
No |
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