Settle Inn Franchise
Lodging
For over 14 years, Settle Inn management has worked to establish a consistent and effective lodging system and grown to become a successful regional brand. Working with the AAFD in 2005, Settle Inn, LLC developed a franchise agreement that has been awarded the most franchise friendly contract in the lodging industry. Settle Inn is a hotel designed for hoteliers by hoteliers with a back-to-the-basics approach, and is based upon a quality physical product, great rooms and a great guest experience. We offer our Owners a simple cost effective partnership with our 100% to commitment to their success including; 24/7 800 call center, 2-way reservations interface, 100% FREE PMS software, 24/7 tech support, 24/7 online booking engine at www.settleinn.com, proprietary & permanent sales and service training reinforced monthly for all system hotels, generous quarterly royalty fee discounts based upon service scores, experienced quality assurance staff, an exciting guest loyalty program and an overall approach to marketing that is fresh and fun. We currently offer two brand levels: Settle Inn and Settle Inn & Suites. Both brands target the mid-priced market segment and offer Developers at any stage: from first time Owner to experienced operator – to grow with America's friendliest brand.
Start-up Costs & Franchises Fees
What is the total cost to open a Settle Inn Franchises?
Total Cost: $3,000 USD ,000 USD
Total Franchise Fees: $15,000 USD
Ongoing Royalty Fees: 3%year 1, 3.5%thereafter
Ongoing Advertising Fees: 2.25%
Term of Agreement: 10 years, 5 years thereafter
Contact Information for Settle Inn
|
Settle Inn LLC |
Phone Number: 605-725-5302 |
Settle Inn In the Press
No results at this time.Historical Expansion
In what year did Settle Inn begin operations? Not Available
When did Settle Inn begin selling franchises? Not Available
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes