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

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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

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