Knights Inn

Knights Inn

#138

Initial Investment

LOW: $102,384
HIGH: $7,243,349

Change in Units

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

Fund Your Franchise with Guidant

Guidant Financal Learn how to invest your IRA or 401k into a franchise. ($50k min)

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

$102,384 - $7,243,349

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 in the following regions/states: See List

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

Why More Baby Boomers Are Looking to Franchise

Why More Baby Boomers Are Looking to Franchise

Twenty-two percent of boomers have less than $100,000 of retirement savings.
David Nilssen
Why This Auto Repair Franchise Expanded to Nigeria

Why This Auto Repair Franchise Expanded to Nigeria

An automotive repair franchise takes the leap.
Tracy Stapp Herold
Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Travel Agencies Are Seeing a Boom -- and This Franchise Knows Why

Learn how Rob Steinfeld and Dean Hanson set up a franchise and joined the unexpected travel boom.
5 Things to Consider Before You Open More Locations

5 Things to Consider Before You Open More Locations

Once your first business succeeds, it's easy to get complacent. Ask yourself what you should do next.
Kyle Zagrodzky

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: June 22nd, 2016

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