Days Inn operates hotels providing comfortable accommodations and amenities for business and leisure travelers. The franchise offers clean rooms, convenient services, and consistent quality across their locations.
Key Insights
- The Days Inn brand originated with a vision to provide travelers with comfortable and affordable lodging, growing into a recognizable name within the hospitality sector by focusing on accessible and dependable accommodations. Its operational model emphasizes streamlined services and consistent guest experiences across its locations.
- The franchise operates within the budget-friendly segment of the hotel industry, catering to a broad demographic of travelers seeking value and convenience. This segment of the market is characterized by high volume and a need for efficient operations.
- The business leverages a network of independently owned and operated hotels under its brand umbrella, offering a recognized name and established operational standards to franchisees. This model allows for widespread reach and accessibility for guests.
Franchise Fee and Costs to Open
Exploring the financial picture of Days 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 $7,607,385 - $9,406,499, along with a franchise fee of $35,000 - $35,000.
Financial Performance and Revenue
Yearly gross sales of $1,026,299 and estimated earnings of $153,945 - $205,260 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 48.9-50.9 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
Days Inn provides comprehensive training for new franchisees. This initial program offers a blend of classroom instruction and on-site operational guidance. The standard duration is two weeks, with locations typically at Days Inn corporate facilities. Resources also extend to operational manuals and ongoing support channels.
Legal Considerations
Legal considerations for a Days 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
Franchisees may navigate local market dynamics where established brands and independent operators vie for traveler attention. Maintaining consistent service standards and managing day-to-day operations, from staffing to guest satisfaction, requires dedicated effort. Dependence on franchise-approved suppliers for amenities and inventory also presents a consideration for ensuring availability and cost-effectiveness.
Franchise Datasheet
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