Knights Inn
HotelsBackground
Founded: 1972 Franchising since: 1991
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.
Franchisor has 5 employee(s)
Franchise Growth
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: Varies
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.
|
22 Sylvan Wy. Parsippany, New jersey 07054 |
Phone: (800)758-8999 |
Franchisor has 5 employee(s)
Franchise Growth
| Year | U.S. Franchises | Canadian Franchises | Foreign Franchises | Company Owned |
| 2009 | 299 | 18 | 0 | 0 |
| 2008 | 278 | 12 | 0 | 0 |
| 2007 | 241 | 11 | 0 | 0 |
| 2006 | 211 | 10 | 0 | 0 |
| 2005 | 203 | 10 | 0 | 0 |
Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada
Exclusive territories available.
Territory size: Varies
Costs and Fees
|
Total investment: $167.1K-4.9M Franchise fee: $5K |
Ongoing royalty fee: 5% Term of agreement: 3 years, renewable |
Type of Financing Available
| In-House | Third Party | |
| Franchise Fee | No | Yes |
| Startup Costs | No | Yes |
| Equipment | No | Yes |
| Inventory | No | Yes |
| Accounts Receivable | No | Yes |
| Payroll | No | Yes |
Qualifications
Business Experience:
- General business experience
Operations
- 5% of all franchisees own more than one unit
- Absentee ownership of franchise is allowed.
Training and Support
Training
Ongoing Support
Marketing Support
- Available at headquarters: 5 days
- At franchisee's location: 2 days
- Regional workshops; property training
Ongoing Support
- Newsletter
- Meetings
- Toll-free phone line
- Internet
- Field operations/evaluations
- Purchasing cooperatives
Marketing Support
- National media
Rankings
Franchise 500® rank:
#129 (2009); #168 (2008); #193 (2007); #235 (2006); #386 (2005);
Fastest-Growing Franchises:
#82 (2009);
America's Top Global Franchises:
#101 (2009); #177 (2006);
#129 (2009); #168 (2008); #193 (2007); #235 (2006); #386 (2005);
Fastest-Growing Franchises:
#82 (2009);
America's Top Global Franchises:
#101 (2009); #177 (2006);