Knights Inn

Knights Inn

Information based on 2024 FDD

Lodging & Hospitality · Hotels, Resorts

Investment min
$3M
Total: $3M–$6M
Avg gross revenue
N/A
Unit-level, 2024
Franchise fee
$18K–$20K
Per current disclosure
Royalty
$36.50 - $41.50/guest room
Locations
146
Franchising since 2018

Description

What is Knights Inn?

Knights Inn stands as a well-established name in the American hospitality landscape, offering budget-friendly lodging solutions since 1974. This hotel franchise has built its reputation on providing comfortable, reliable accommodations for both business and leisure travelers across North America.

As a Knights Inn franchisee, you'll become part of a recognized brand that understands the essential balance between affordability and quality in the hospitality sector. The franchise model is designed to support owners in delivering consistent service while maintaining operational efficiency. Their streamlined approach to hotel management allows franchisees to focus on what matters most - creating positive guest experiences and building a sustainable business.

What sets Knights Inn apart is its commitment to maintaining competitive room rates while ensuring guests receive clean, comfortable accommodations and friendly service. The brand's straightforward operating model and established systems make it an attractive option for both experienced hoteliers and newcomers to the hospitality industry.

Franchisees benefit from comprehensive training programs, ongoing operational support, and access to established booking systems and marketing networks. The brand's recognition among budget-conscious travelers helps drive consistent occupancy rates, while its efficient operating model helps optimize profitability.

With nearly five decades of experience in the hospitality industry, Knights Inn continues to adapt to changing market conditions and guest expectations while maintaining its core value proposition of affordable, reliable lodging. For entrepreneurs looking to enter the hotel industry with a proven business model, Knights Inn offers a pathway to hospitality business ownership backed by years of industry expertise.
  • 50 years proven hospitality experience since 1974
  • Budget-friendly market positioning advantage
  • 145+ established location network across North America
  • 62% lower investment than sector average
  • Essential amenities including free Wi-Fi and parking
  • Strategic locations near major attractions and highways

Location Analysis

Where Knights Inn wins

Knights Inn maintains a strategic presence across multiple states, demonstrating a balanced distribution focused on key hospitality markets. The franchise shows strong concentrations in the South Central, Great Lakes, Southwest, and Southeast regions, with notable presence in major tourism and business travel corridors. This geographic spread suggests a deliberate focus on secondary and tertiary markets, where budget-conscious travelers seek reliable accommodations.

The brand's expansion pattern indicates a preference for locations along major interstate highways and near regional business centers, particularly in markets where value-oriented lodging options are in demand. While the franchise has established a foothold in major hospitality markets, significant expansion opportunities exist in the Northeast and Pacific Northwest regions, where coverage is currently more limited.

Ideal locations for new Knights Inn franchises typically include sites near highway exits, regional airports, or business districts in mid-sized cities. Success factors include proximity to steady traffic generators (industrial parks, universities, tourist attractions), limited local competition in the economy segment, and areas with consistent business/leisure travel patterns. Franchisees should focus on locations with land costs that support the economy lodging model while maintaining visibility from major thoroughfares.
Total US locations
146
Franchise units
146
Corporate locations
0
Avg. sq. footage
N/A

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Financial Analysis

The numbers behind Knights Inn

Avg gross revenueN/A
Investment range$3,234,165 – $6,292,895
Investment midpoint$4,763,530
Brand fundN/A
Royalty$36.50 - $41.50/guest room
Franchise fee$17,500–$19,750
Min. net worth
Min. liquid capital
Knights Inn requires a substantial investment of $3.2M to $6.3M, positioning it as a premium-tier lodging franchise opportunity. This investment range significantly undercuts the sub-sector average of $8.4M to $9.3M, potentially offering competitive entry costs within the hotels and resorts segment. The investment typically covers property acquisition or lease, construction, furnishing, equipment, and initial working capital requirements.

The lodging industry benefits from consistent travel demand and the growing economy hotel segment, where Knights Inn operates. With 50 years of operational history since 1974, the brand demonstrates proven longevity, though its current 146-unit footprint suggests a mature system with selective growth opportunities. This smaller network may limit brand recognition compared to larger hotel chains but could provide better territory availability.

Ideal investors require substantial liquid capital, likely $1M-2M minimum, plus hotel management experience or willingness to hire experienced operators. The business model demands 24/7 operational oversight, making it suitable for hands-on investors or those with strong management infrastructure. Multi-unit development potential exists in underserved markets.

Key considerations include property location criticality, seasonal demand fluctuations, and operational complexity inherent in hospitality. The brand's budget-friendly positioning targets price-conscious travelers, requiring efficient cost management. Territory rights and market protection vary by location. Note that specific revenue data is not currently available for detailed financial projections.
Did you know? Did you know that launching your own Knights Inn hotel franchise - one of America's trusted budget-friendly lodging brands - requires a total investment between $3,234,165 and $6,292,895, which covers everything from the franchise fee and property acquisition to furnishing guest rooms and getting your hospitality business ready to welcome travelers?

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

FDD Item 7

Initial investment range

$3M–$6M
Most common
$3,234,165
Minimum
$4,763,530
Midpoint
$6,292,895
Maximum

Per FDD Item 7, total initial investment ranges from $3,234,165 to $6,292,895. The midpoint $4,763,530 is what most franchisees report at signing — financing typically reduces cash-at-close by 80–90%. Knowing the investment range helps you plan confidently and ensure you're fully prepared to make the leap.

Growth over time

Franchise footprint

-9% YoY
400320240160800
2017
2018
2019
2020
2021
2022
2023
2024
146 units open as of 2024 FDD-14 in last 12 mo

2024 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Knights Inn's 2024 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2024 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Knights Inn franchise typically ranges between $3,234,165.00 and $6,292,895.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) that is publicly available and that we have on record, which was issued in 2024. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. For the most current and detailed information, we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Knights Inn
Knights Inn
N/A avg revenue · 146+ US franchises

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