Knights Franchise Systems Franchise
Hotel chain
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.
Please Note: The operators of Knights Franchise Systems, may not have verified the accuracy of the franchise information contained within this website. For accurate up-to-date information, customers are strongly recommended to visit the official Knights Franchise Systems website.
Start-up Costs & Franchise Fees
How much does it cost to open a Knights Franchise Systems franchise?
Total Investment: $202,000-$4,400,000
Initial Franchise Fee: N/A
Royalty Fee: $21/rm./mo.
Advertising Fee:
Term of Agreement: 3 years
How to contact Knights Franchise Systems
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Knights Franchise Systems
1 Sylvan Wy.
Parsippany,
NJ
07054
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Toll Free: (800)758-8999
Fax: (800)643-2107
Website: Visit Website
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Knights Franchise Systems News
Hotel Operators Get Chance To 'Test Drive' Knights Inn Brand
Hotel operators now can experience the benefits of the Knights Inn® brand at minimum risk by participating in its Knights Inn Test Drive program, which features a franchise agreement with one-year initial window, low initial payments and a flexible fee structure.
Operators who sign a franchise w... more
Cendant Corporation Completes Previously Announced Sale Of Marketing Services Division
Cendant Corporation (NYSE: CD) today announced that it has completed the previously announced sale of the companies that comprise its Marketing Services Division to Affinity Acquisition Holdings LLC, an affiliate of Apollo Management, L.P., for approximately $1.8 billion of total consideration, of w... more
Cendant Completes Previously Announced Wyndham Acquisition
Cendant Corporation (NYSE: CD) today announced it has completed the acquisition of the management and franchise business of the Dallas-based Wyndham® hotel chain from an affiliate of The Blackstone Group for $101 million in cash. The acquisition includes 82 franchise agreements, 27 management contr... more
Cendant Acquires Coldwell Banker Success Realty And Its Affiliated Companies In Arizona And New Mexico
Cendant Corporation (NYSE: CD) today announced that its subsidiary, NRT Incorporated, has acquired the assets of CMLB, Ltd., which operates as Coldwell Banker Success Realty in Scottsdale, Ariz. With this announcement, Coldwell Banker Success Realty, one of the largest Coldwell Banker® franchisees, ... more
Cendant Comments On Financial Impact Of Hurricane Katrina
Cendant Corporation (NYSE: CD) today commented on the expected impact of Hurricane Katrina on its results of operations.
Cendant's President and Chief Financial Officer, Ronald L. Nelson, stated: "Like all companies doing business in the Gulf Coast and Southeast, our operations in those ... more
View all Knights Franchise Systems Press Releases
Franchise History
When did the first Knights Franchise Systems open? 1972
When did Knights Franchise Systems start franchising? 1991
| 2005 |
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9 |
0 |
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| 2004 |
189 |
10 |
0 |
0 |
| 2003 |
195 |
9 |
0 |
0 |
| 2002 |
209 |
6 |
0 |
0 |
| 2001 |
223 |
3 |
0 |
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Expansion Plans
International:
Financing Options
| Franchise Fee |
No |
Yes |
| Startup Costs |
No |
Yes |
| Equipment |
No |
Yes |
| Inventory |
No |
Yes |
| Accounts Receivable |
No |
No |
| Payroll |
No |
Yes |
Third Party Financing Source(s): American States Leasing, CIT & Jacom Leasing Group
Training & Support
Training
Regional workshops Support
Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations Marketing
National media
Business Operations
International franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed.
This franchise opportunity has been viewed 1149 times.
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maintain accurate franchise data but does not guarantee nor assume liability for
incorrect data. We recommend that anyone seriously interested in
pursuing a Knights Franchise Systems franchise opportunity, review that franchise's Uniform
Franchise Offering Circular (UFOC) with an attorney and accountant.
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