Value Place - Franchise
Value Place is an extended-stay hotel that meets every life traveler's with a total commitment to comfort, privacy and peace of mind.
What Does a Value Place Franchise Cost?
To buy a franchise with Value Place, you'll need to have at least liquid capital of $500,000. Franchisees can expect to make a total investment of $3,500,000 - $7,400,000. They also offer a discount for veterans. *
Requirements
Financial requirements for this franchise:
Liquid Capital: | $500,000 What does Liquid Capital mean? |
---|---|
Total Investment: | $3,500,000 - $7,400,000 What does Total Investment mean? |
Options
Options available to franchisees:
Training: | Available |
---|---|
Veteran Discount: | Yes |
Value Place Franchise Information:
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%
Video
Availability
Value Place is currently accepting inquiries from the following states:
Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, District Of Columbia, Delaware, Florida, Georgia, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, Nevada, New York, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Washington, Wisconsin, West Virginia, Wyoming
Interested parties should have at least $500,000 in liquid capital to invest.
Here are some other suggestions in the same category that you selected
Aire Serv is an award-winning HVAC franchise, but you don't need technician experience to be an owner. Operating within a growing and recession-resilient industry that provides in-demand services, franchise owners enjoy…
50k Minimum Cash Required
Caring Transitions is a low-cost, home-based franchise that allows you to help older adults and their families with major transitions. Rather than concentrate on one service, we focus on the full needs of our clients in this…
50k Minimum Cash Required
My Business Venture gives you the ability to start an online business from your home. We provide you access up to 1 million products & you chose up to 2,000 you want to feature on your website! MBV’s 10% Price Guarantee on…
3,995 Minimum Cash Required
The #1 women’s fashion franchise. We train our franchisees to be THE fashion destination in their local market, bringing in new styles earlier and more often than any competitor, all at reasonable prices, and ultimately win…
80k Minimum Cash Required
VOTED TOP PART TIME - WORK AT HOME BUSINESS! Are You Looking to Make an Additional $100,000 in the Next 12 Months - No Employees to Hire - No Equipment to Rent/Buy - No Office/Warehouse to Rent/Lease - Start Making money in…
30k Minimum Cash Required
You may recognize the School of Rock name from the 2003 movie, but the real School of Rock has become the world’s most revolutionary music education brand. Originally a single location in Philadelphia in the late ‘90s,…
150k Minimum Cash Required
Poolwerx is America's fastest moving retail and service pool business, with over 166 service trucks and 31 retail stores joining Poolwerx in America since they first arrived in 2015. A global brand established as the…
80k Minimum Cash Required
Ready to join the future of online shopping? Our E-Commerce Future Partner Program is your ticket in! Experience hands-off Amazon stores that effortlessly generate passive returns every month, taking advantage of Amazon’s…
30k Minimum Cash Required
Join a booming industry where every property and business transaction in America is financed, and countless companies seek capital for growth. As a student of Clear Path Financial Training, you'll access cutting-edge…