Key West Inn Franchise Opportunity ... FAQs
If you are considering a Key West Inn Hotel Franchise Opportunity, you may have a lot of questions. For your convenience, we have included a list of questions and answers about the unsurpassed benefits of joining one the fastest growing hotel chains in Southeast America.
Key West Inn Hotel Franchise FAQs
Questions
- Is it necessary to have previous hotel experience to own a Key West Inn?
- Does Key West Inns, Inc.’s provide financing?
- Will it be a requirement for me to alter the exterior appearance of my hotel to make it look like a Key West Inn?
- Will I be trained to run my Key West Inn?
- How much money can I make from owning a Key West Inn hotel?
- Does Key West Inn requires specific point of sale equipment (computer system)?
- What is the entry fee?
- What is the marketing fee?
- Are there any ongoing fees paid to Key West Inn, such as royalties?*
- What is the average investment for a Key West Inn?*
- How often will I see a KWI representative at my hotel?
Answers
Is it necessary to have previous hotel experience to own a Key West Inn?
It is highly recommended that the ownership / management of the hotel have hotel experience prior to owning and operating a Key West Inn. Key West Inn recommends the hotel management company, Jackson Hospitality Services, Inc. (www.jacksonhospitality.com)
Back To ListDoes Key West Inns, Inc.’s provide financing?
Yes, indirectly. We have several institutions that work with our franchisees to provide financing.
Back To ListWill it be a requirement for me to alter the exterior appearance of my hotel to make it look like a Key West Inn?
No, for conversion hotels, owners are not required to modify the exterior appearance of the hotel.
Back To ListWill I be trained to run my Key West Inn?
Yes, on site training is available. Training at another Key West Inn hotel is possible. Training will focus on Key West Inn reservation system, KWI Standards, and sales and marketing.
Back To ListHow much money can I make from owning a Key West Inn hotel?
The Federal Trade Commission will not let us make any earnings claims to prospective franchisees. Therefore, we rely on our franchisees to supply you information on this subject and, with some effort on your part; you can put together a fairly accurate pro forma.
Back To ListDoes Key West Inn requires specific point of sale equipment (computer system)?
No, owners are free to use any system. KWI recommends using a system that has two way interface with the KWI reservation service. A list of two way interface POS systems will be provided upon request.
Back To ListApplication fee is $1000.00. Entry Fee is $7500.00
Back To ListThere is a $100 per month marketing fee. The bulk of that revenue goes towards internet marketing.
Back To ListAre there any ongoing fees paid to Key West Inn, such as royalties?*
Yes, Key West Inn offers a flat fee based on room count. (Exact fee’s specified in UFOC).
- $17.00 per room per month based on rooms 1 – 50
- $15.00 per room per month based on room 51 – 99.
- $13.00 per room per month based on all room over 100
What is the average investment for a Key West Inn?*
Average investment is between $3,000,000 and $10,000,000 and varies depending on real estate, lease obligations, and tenant improvement.
Back To ListHow often will I see a KWI representative at my hotel?
A KWI Franchisee Success Coach will visit your hotel once every ninety days.
Back To List*Key West Inns, Inc. Uniform Franchise Offering Circular supersedes any stated figures on this site or any other printed material.
Key West Inns offer special rates help stretch your travel dollar. Do you belong to AAA or AARP? Are you a government employee, or businessman looking for corporate rates? Check our specials and start saving now!
At Key West Inn locations, you don't have to leave your best friend home or boarded in a small cage while you travel. Whether you're a seasoned pet traveler or this is your first time, we offer a great place for both you and your pet to stay.
