Knights Inn

Knights Inn

#138

Initial Investment

LOW: $109,000
HIGH: $7,406,300

Change in Units

-2.6% -10 UNITS (1 Year)
+2.8% +11 UNITS (3 Years)

Promoted Opportunities

Company Profile

Founded

1972

Franchising Since

1991 (25 Years)

Corporate Address

22 Sylvan Wy. Parsippany, NJ 07054

CEO

Geoff Ballotti

Parent Company

Wyndham Hotel Group

Ticker Symbol

About Knights Inn

Knights Inn, a hotel chain with more than 230 locations in North America, was founded in 1972. The franchise, which is operated by Cendant Corp., provides limited-service, budget lodging to families, senior citizens, business travelers, truckers and other value-conscious travelers.

Knights Inn looks for franchisees with hotel management or operation experience.

Financials

Financial Requirements

Initial Investment

$109,000 - $7,406,300

Ongoing Fees

Initial Franchise Fee

$7,000

Ongoing Royalty Fee

Varies

Ad Royalty Fee

$4.00 per room booke

Financing Options

Knights Inn offers in-house financing to cover the following: franchise fee, startup costs

Knights Inn has relationships with third-party sources which offer financing to cover the following: 
startup costs, equipment, inventory

Franchise 500® Rank History

Highest Rank: 106

Lowest Rank: 235

Units (Locations)

Where Seeking Franchisees:
Franchisor is seeking new franchise units throughout the U.S. and Canada.

Operations & Franchisor Support

Training Onsite: 2 days

Training at headquarters: 5 days

Additional Training: Regional workshops; property training

Ongoing Support
Purchasing Co-ops
Newsletter
Meetings
Toll-Free Line
Internet
Field Operations

Marketing Support
Regional Media

Absentee Ownership Allowed

Related Franchises

Related Articles

Taco Bell's New Mystery Item: What Could It Be?

Taco Bell's New Mystery Item: What Could It Be?

As speculation grows ahead of the chain's Super Bowl reveal, here are a few possibilities of what it might be.
Lindsay Friedman
Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

Kick Off Your Super Bowl Sunday Party With These 9 Pizza Promotions

As the industry's biggest day of the year, franchises are bringing their 'A' game.
Lindsay Friedman
This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

This Franchisee Left a Life of Crime (Others' Crimes) to Focus on Fitness

Government prosecutor April Porter had seen more than enough horrific sex offenses and homicides. She decided to walk away.
Entrepreneur Staff
Robotics: The new Frontier of Technology Entrepreneurship

Robotics: The new Frontier of Technology Entrepreneurship

With robots taking over in virtually every field, Indian entrepreneurs need to enter the market - and fast!
Rustam Singh
McDonald's Mozzarella Sticks Are at the Center of a New Lawsuit

McDonald's Mozzarella Sticks Are at the Center of a New Lawsuit

The lawsuit claims the fast-food giant isn't using real cheese in its latest menu item.
Lindsay Friedman

Disclaimer

The Franchise 500 is not intended to endorse, advertise, or recommend any particular franchise. It is solely a research tool you can use to compare franchise operations. Entrepreneur stresses that you should always conduct your own independent investigation before investing money in a franchise.

Updated: September 30th, 2015

Reprints & Licensing
Update Your Listing
Submit New Listing

Regions/States List

More Franchise Rankings

Top Low-Cost Franchises

87 franchises for under $50,000

Top Homebased/Mobile Franchises

These 100 businesses can be managed from home

Fastest-Growing Franchises

These companies have shown rapid unit expansion over the last two years

Top New Franchises

The top 75 companies that began franchising in the last five years

Top Global Franchises

200 North American franchisors seeking international franchisees

For reprints and licensing questions, click here.

Previous Years Rankings

2016 2015 2014 2013 2012