Best Western
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What to know about Best Western franchise? llection®" or "BW Signature Collection®" name and be included on Best Western International, Inc.'s reservations systems. Best Western is a hotel chain with multiple properties worldwide. It was founded in 1946 and is headquartered in Phoenix, Arizona. Best Western offers a variety of room types and amenities to accommodate different travelers' needs, including standard rooms, suites, business-friendly rooms, and pet-friendly rooms. The chain also offers complimentary breakfast, Wi-Fi, and parking at most locations. BWH Hotel Group suits the needs of developers and guests in every market. Best Western is based in Phoenix, AZ. Scroll down to learn more!How much does a Best Western franchise cost?Are you wondering how much is a Best Western franchise? Before starting a Best Western 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 Best Western franchise is $573,050 and can go all the way up to $26,594,338. Keep in mind, you should also allocate additional funds to live off of while the Best Western 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 Best Western franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Best Western business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Best Western franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.
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