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Value Place
Business Type: Franchise
Liquid Capital Required: $500,000
Total Investment: $3,500,000 - $7,400,000
Total Capital Investment does not include real estate
 Financing Assistance: No
Training and Support: Yes


Value Place Franchise Information:

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About Value Place
Value Place is an extended-stay hotel that meets every life traveler's need for affordable, clean and secure, temporary lodging with our remarkably low weekly rates, rigorous cleanliness standards, total commitment to your comfort, privacy and peace of mind, and our just-right simplicity. Whether it's business or pleasure travel, relocation, or just looking for a temporary basecamp, Value Place is your place.


Proven Systems
Operations have been streamlined and processes created at every step to assist you in franchising your own property. Training is provided, and our expert team members are available to help.

Strong Quality Nationwide
With an emphasis not only on value in pricing, but also in cleanliness – strong quality control is key in creating and maintaining a successful nationwide brand. Brand Standards and Quality Assurance Programs play a key role in managing the Value Place brand.

Prototypical Design Specifications
We provide design specifications for you to supply to licensed architects to adapt to your site. Quality FF&E and building standards reduce maintenance requirements and expenses while providing a more comfortable atmosphere for guests.

Efficiency
Based on property size, each Value Place operates with as few as 4.0-4.5 full-time equivalent employees, keeping operating expenses low.

In other words, we are here every step of the way to help you from preliminary site feasibility to ongoing operations and revenue management.

High Regards
Franchise Business Review honored us with the 2006 Top 50 Franchise Award.

Franchise License & Ongoing Fees
License Fee: The Greater of $49,600 or $400 per Room Developed
Royalty: 5% of Room Revenues
Marketing Fund Fee: Up to 2.5% of Room Revenues, Currently 0%

Disclaimer: This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for information purposes only. Currently, the following states regulate the offer and sale of franchises: In the U.S., California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington and Wisconsin. If you are a resident or desire a franchise in one of these states, we will not offer you a franchise unless and until we have complied with applicable presale registration and disclosure requirements in your jurisdiction.

VPFS is not authorized to offer franchises in Virginia or Hawaii.

Please note this franchise is not currently accepting inquires from VA, HI or from outside the U.S. Interested parties should have at least $500,000 to invest.
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