Park Inn
Who are we
What to know about Park Inn franchise? Park Inn is a hotel chain with multiple locations across the globe, including the United States. The company is a part of Radisson Hotels, which is one of the largest hotel chains in the world. Park Inn hotels offer travelers a variety of amenities, including free Wi-Fi, fitness centers, and on-site restaurants. The staff at Park Inn hotels are known for their friendly and helpful service to all guests at every hotel location around the world. Park Inn provides their franchisees with a support system to ensure the success of each hotel. The company offers training programs, marketing resources, and access to a reservation system. Park Inn is based in St. Louis Park, MN. Scroll down to learn more!How much does a Park Inn franchise cost?Are you wondering how much is a Park Inn franchise? Before starting a Park Inn franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Park Inn franchise is $2,649,324 and can go all the way up to $16,552,774. Keep in mind, you should also allocate additional funds to live off of while the Park Inn business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Park Inn franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Park Inn business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Park Inn franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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How much will it cost
- $35,000
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