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As a part of U.S. Franchise Systems Inc., Microtel Inns & Suites offers more than 150 affordable locations across the country.Offering free cable TV and mattresses approved by the American Chiropractic Association, Microtel’s MicroSaver rooms start as low as $35 per night and have queen size beds and built-in furniture.

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With a loan of $500, Howard Dearing Johnson purchased a small patent medicine shop in Quincy, Massachusetts, in 1925. He used an old-fashioned, hand-cranked freezer in the store’s basement to make vanilla, chocolate and strawberry ice cream for the shop’s soda fountain. Three years later, with menu additions like hot dogs and hamburgers, he opened [...]

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Knights Inn, a hotel chain with more than 230 locations in North America, was founded in 1972. The franchise, which is operated by Cendant Corp., provides limited-service, budget lodging to families, senior citizens, business travelers, truckers and other value-conscious travelers.Knights Inn looks for franchisees with hotel management or operation experience.