Due diligence of potential franchisee.
Scoping out the potential hostel to include legal and interior designer costs to understand viability
Considering a Franchise? Here are the advantages of owning a Safestay Franchise
Owning your own business puts you in the driver’s seat of your financial future. But how do you get started and what challenges lie ahead? We have answers to those questions and more.
When you invest in a franchise, you’re investing in yourself. You’re confident that your determination and skills will provide the fuel to power your success. The franchise is the vehicle. It’s a well-built, road-tested, fine-tuned machine that’s been driven to victory time and time again.
So which franchise has the best options and the best price for you? Safestay offers you the opportunity to become a top accommodation provider today.
If you are a hotel or a hostel owner needing the oomph of a brand, we can come in and give you the benefit of our sales team, our revenue nous or our preferential OTA agreements. We can potentially improve your turnover by 15% and make your costs of doing business 5% more effective, simply by joining a larger business.
Or you have identified a property that would make a great hostel in a great location? We can help by supporting your application for investment, as we know the process and the best way to get a yes at the end of it. We can help you with refurbishment, we have the contacts and the suppliers that make it cost effective. We can then take the risk out of operating the hostel, we know how to deliver and revenue-rich the delivers profit.
It’s not just us, it’s our industry. The hostel market is the next big thing in hospitality and offers opportunity around every turn. Take a dive around your city and you’ll see the market saturated with overpriced, overdressed hotels all competing with the same product. Hostels provide quality accommodation for a truly competitive price. And great value for money will always be a successful business model.
Here are the keys to success; commit yourself to your business, communicate with your customers, follow our roadmap and work together with Safestay to grow your business.
If this gets your engine running, we’d love to hear from you today.
Larry Lipman, the Chairman, is a serial entrepreneur with a portfolio of successfully listed business, from Safestore to Safeland and Safestay.
“To provide a consistently high-quality product and standard of service while still preserving the ethos and character of individual hostels. Style, safety, comfort, cleanliness and value for money are paramount, when guests stay at a Safestay hostel they can expect to enjoy a safe and comfortable night’s sleep, as well as socialising in the fabulous communal areas and making full use of the excellent facilities available.”
We would love to talk to you about Safestay.
Our franchise suits someone looking to join the hostel revolution. By far the biggest growth segment in accommodation.
Millennials are likely to spend $339 billion worldwide in the sector by 2020, according to WYSE. You may be a property investor with the perfect location, a hotelier looking to be part of an innovative change, or an investor seeking just the right opportunity.
Booking direct with us is cheaper than all online travel sites. Best price guaranteed.