Quality Inn operates hotels offering comfortable accommodations with essential amenities at value prices. The franchise provides clean rooms, free hot breakfast, WiFi, and convenient locations with a focus on delivering quality and value for business and leisure travelers.
Key Insights
- Originating with a vision to offer dependable lodging, the Quality Inn brand has grown to become a recognizable presence in the hospitality sector. It provides consistent accommodations and amenities designed to meet traveler needs, operating under a franchise model that empowers independent owners.
- The business focuses on providing a comfortable and reliable lodging experience for a broad range of travelers, from business professionals to families. This is achieved through standardized operational guidelines and brand expectations that franchisees implement.
- Quality Inn operates within the midscale hotel industry, a segment known for its appeal to budget-conscious consumers seeking value and essential services. The franchise contributes to this market by offering consistent brand recognition and operational support.
Franchise Fee and Costs to Open
Exploring the financial picture of Quality Inn gives insight into both the upfront commitment and the potential revenue opportunity. According to FDD Item 7, opening this franchise typically involves an investment in the range of $316,945 - $2,045,895, along with a franchise fee of $45,000 - $45,000.
Financial Performance and Revenue
Yearly gross sales of $1,338,137 and estimated earnings of $200,721 - $267,628 show the potential financial performance of this franchise. These figures are crucial for prospective franchisees as they help to project revenue and profitability. They offer insight into the business's ability to generate income and can be used to compare its performance against other investment opportunities. The Franchise Payback Period of 6.5-8.5 provides an estimation of the time it might take for an owner to recover their initial investment. This metric is a key consideration for anyone evaluating the financial viability of a franchise, as it relates directly to the speed at which the business can become profitable. A shorter payback period can indicate a faster return on capital, which is a significant factor in making an informed decision about a franchise investment.
Training and Resources
Quality Inn provides comprehensive training for new franchisees. This initial program offers a duration of two weeks, conducted at a dedicated training facility. Quality Inn also provides access to online resources and ongoing support. The franchisor recommends utilizing these resources to facilitate a smooth opening.
Legal Considerations
Legal considerations for a Quality Inn franchisee are outlined in the Franchise Disclosure Document (FDD) and the Franchise Agreement. Note that this franchise discloses lawsuits and/or bankruptcy information in its FDD, which may impact your evaluation. Subscribe now to access more details and be sure to consult a qualified attorney before proceeding.
Challenges and Risks
Operating a Quality Inn franchise presents several considerations. Local market competition from established brands and independent hotels requires strategic differentiation. Maintaining consistent brand standards across rooms, amenities, and guest services demands efficient operational management. Reliance on specific suppliers for linens, cleaning products, and food items necessitates robust supply chain relationships to ensure availability and quality.
Franchise Datasheet
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