To buy a franchise with Value Place, you'll need to have at least $500,000 in liquid capital. Franchisees can expect to make a total investment of at least does not include real estate. *
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.
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.
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.
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%
Wyoming, West Virginia, Wisconsin, Washington, Vermont, Utah, Texas, Tennessee, South Dakota, South Carolina, Rhode Island, Pennsylvania, Oregon, Oklahoma, Ohio, New York, Nevada, New Mexico, New Jersey, New Hampshire, Nebraska, North Dakota, North Carolina, Montana, Mississippi, Missouri, Minnesota, Michigan, Maine, Maryland, Massachusetts, Louisiana, Kentucky, Kansas, Indiana, Illinois, Idaho, Iowa, Georgia, Florida, Delaware, Washington, D.C., Connecticut, Colorado, California, Arizona, Arkansas, Alabama, Alaska
Interested parties should have at least $500,000 in liquid capital to invest.