Knights Inn FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is for the right to operate a Knights Inn branded hotel.
Corporate Information
Sonesta RL Hotels Franchising Inc a corporation formed in the State of Washington on December 24, 1986, as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc., and, on September 23, 2021, they subsequently changed their name to Sonesta RL Hotels Franchising Inc. Their principal business address is 400 Centre Street, Newton, Massachusetts 02458. They began offering franchises for the Brand in June 2018.
Investment
The total investment necessary to convert an existing hotel into a 65-room Knights Inn Hotel is $144,695 to $1,273,195. This estimate includes $24,695 to $39,195 that must be paid to the franchisor. The total investment for a new construction 50-room Knights Inn Hotel is $3,234,165 to $6,292,895,
excluding site acquisition and preparation. This estimate includes $22,445 to $39,945 that must be paid to the franchisor.