Knights Inn & Suites FDD Summary
Type of Business
The franchisee will operate a Knights Inn® transient or a Knights Inn & Suites® extended stay guest lodging facility franchise offering overnight accommodations and related services.
Corporate Information
Knights Franchise Systems, Inc. is a Delaware corporation, incorporated on September 20, 1994. They are a subsidiary of Wyndham Hotel Group, LLC, a Delaware limited liability company, which is owned by Wyndham Worldwide Corporation, a Delaware limited liability company. Their principal business address is 22 Sylvan Way, Parsippany, New Jersey 07054.
Investment
The total investment necessary to begin operation of a Knights Inn franchise for a 100 room new construction facility ranges from $4,445,260 to $7,243,349. The total investment necessary to begin operation of a Knights Inn franchise for a 100 room conversion facility ranges from $102,384 to $1,525,626. Land Acquisition costs are not included in these ranges. The above amounts include a range of $5,884 to $16,853 that must be paid to the franchisor or an affiliate.