FranchiseVerdict
Comfort logo
FV-00602·MODERATEExcellent86

Comfort

OtherFranchising since 1981Website
Investment
$319K – $12.1M
77th pct Other
Avg revenue
$67K
3rd pct Other
Royalty
6.0%
17th pct Other
Units
1,664
96th pct Other
SBA default
0.0%
vs <3% typical

Bottom line

  • Total investment $319K – $12.1M including a $50K franchise fee, 6.0% ongoing royalty.
  • Average unit revenue of $67K/year (median $65K).
  • Rated MODERATE with a risk score of 62/100. SBA loan default rate of 0.0% across 624 loans (below the industry average).
  • 83 litigation matters disclosed in Item 3 — higher than typical. Review the summary for patterns (franchisor-initiated vs. franchisee-initiated).

Item 1 · who you're contracting with

The Franchisor

Legal entity
Choice Hotels International, Inc.
Parent company
Choice Hotels International, Inc.
Incorporated in
Delaware
HQ
915 Meeting Street, Suite 600, North Bethesda, Maryland 20852
Auditor
Ernst & Young LLP
Audited financials
Franchisor revenue
$1.5B
vs $1.4B prior year

Yale framework · single-unit ROIC

Returns Analysis

Pulls Item 7 (investment) and Item 19 (revenue) from this brand's FDD into the Yale unlevered-ROIC formula. Override any input to stress-test it against your own assumptions.

The model · Yale framework

What would one Comfort unit return on the cash you put in?

Revenue · per unit, per year
$
FDD Item 19 reports $67,470
Franchisor take · royalty + ad fund
Royaltytyp 68%
%
Ad fundtyp 35%
%
Operating costs · category default: generic
COGS
%
Labor
%
Rent / occupancy
%
Other operating
%
Total invested capital · what you actually put in
Initial investment
$
FDD Item 7: $319K–$12.1M
Working capital
$
FDD reports $15K–$285K

Unlevered ROIC · per unit

0%

Below typical band (30–60%)

0%30–60% Yale band80%

Store EBITDA · annual
$9K
EBITDA margin
13.5%
Total invested
$6.4M
Payback
8403 mo
Unit-level only. A multi-unit portfolio gives up roughly 5–15% of this to shared services (corporate G&A) before reaching the ~10-unit break-even Yale describes.

Levered LBO scenario · Yale Crease Capital framing

What would 25 Comfort units return on equity?

Edit assumptions

Equity IRR · 5-yr

49.9%

7.57× MOIC

Year-1 DSCR

1.88×

EBITDA ÷ debt service

Equity required

$88K

on $439K purchase

Total debt

$351K

SBA $0.2M + senior + seller note

Overview

About

Franchisees operate limited-service hotel properties (typically 60–150 rooms) under the Comfort Inn brand, handling day-to-day management including front desk operations, housekeeping, maintenance, guest services, and revenue management. Franchisees pay 6% of gross room revenue to Choice Hotels and must maintain brand standards, participate in the loyalty program, and use the franchisor's reservation and property management systems.

CEO
Patrick S. Pacious
Founded
1963
FDD year
2024
States available
49

Item 7 · what it costs

The Vitals

Total investment
$319K – $12.1M
All-in to open one unit
Liquid capital
$15K – $285K
Cash you must have on hand
Franchise fee
$50K
Royalty
6.0%
Gross Room Revenues · typical 6–8%
Ad fund
3.5%
typical 3–5%
Total fee load
9.5%
vs 9–13% typical

Item 19

Financial Performance

Avg gross sales
$67K
Per unit, per year
Median gross sales
$65K
Item 19 type
Historical
Sample size
1600 units
vs category median 20 · large
Range (low → high)
$14$232
Cohort dispersion
Transparency
4 / 5
vs category median 3 / 5 · above
Revenue rank3th
vs Other peers
Investment cost rank77th
Lower investment ranks lower (better)
Royalty rate rank17th
Lower royalty = lower percentile (better)
Unit count rank96th
vs Other peers
Risk score rank49th
Lower risk = lower percentile (better)

Item 20 · unit dynamics

The Growth Chart

Total units
1,664
Opened
45
Last reporting year
Closed
36
Turnover rate
2.2%
Company-owned
0
Corporate units in the system
% franchised
100%
vs corporate-owned
Net growth (yr3)
+0.5%
Net unit change last year
3-yr CAGR
+1.2%
Compounded over last 3 years
2022
1,664+9
Franchised units
2023
1,655
Franchised units
2024
1,645
Franchised units

Year-over-year franchised unit counts and net change. Source: FDD Item 20.

Item 20 · 29 states with active franchisees

The Territory Map

Derived from franchisee contact records. Shows states with at least one current operator — not where the franchisor is registered to sell new units (that data is re-extracting in a future refresh).

AK
ME
VT
NH
MA
RI
CT
NY
NJ
PA
DE
MD
DC
WA
OR
CA
NV
ID
MT
WY
UT
CO
AZ
NM
ND
SD
NE
KS
OK
TX
MN
IA
MO
AR
LA
WI
IL
MS
TN
MI
IN
KY
AL
OH
WV
GA
VA
NC
SC
FL
HI
Available · 29 states
Not registered

States derived from franchisee phone area codes (Item 20). Approximate — ported numbers may show the original state, not the franchisee's current location.

Government records

SBA Loan Data

Aggregated from SBA 7(a) loan disclosures, public data unique to FranchiseVerdict.

Total loans
624
Loan volume
Avg loan
Default rate
0.0%
vs <3% typical · system-wide
5-yr default

FranchiseVerdict rating + FDD Items 3, 5, 6, 12, 17

Risk & Legal

62
Risk · 0-100
MODERATE62 / 100

Comfort Inn represents a cautious-to-high-risk opportunity: stagnant growth, aggressive debt collection, pending litigation over hidden fees, and zero financial transparency create meaningful structural concerns despite established brand recognition.

Score breakdown · what drove the 62 / 100 rating

  1. 01MINORStagnant unit growth (0.5% YoY) indicates a mature or declining system with minimal expansion momentum
  2. 02MEDNo Item 19 financial disclosure (Avg Net Income not disclosed) prevents validation of $67,470 average revenue claims and actual profitability
  3. 03HIGHAggressive litigation history: 75 franchisor-initiated collection actions in 2023 alone, plus pending class action in Canada regarding undisclosed fees—suggests systemic payment issues and franchisor-franchisee tension
  4. 04MINORWide investment range ($319K–$12.1M) with no protected territory creates unpredictable ROI and cannibalization risk
  5. 05HIGHPending class action litigation over undisclosed destination marketing fees indicates potential hidden costs beyond stated 6% royalty
  6. 06MINORChoice Hotels' anti-competitive practice disputes raise concerns about franchisor's operational fairness and legal compliance
  7. 07MINORHigh royalty rate (6% of gross, not net) combined with no profitability data creates cash flow risk in low-margin hospitality

Severity inferred from the FDD text · not a regulatory classification

FDD Items 5, 6, 12, 17 · continued from Risk & Legal

Contract & Territory Detail

Protected territory
No
Initial term
20 years
Online sales rights
Granted
Franchisor can compete
Yes
Hire a manager?
Allowed
Litigation count
83
Right of first refusal
No
Franchisor can buy back on resale
Mandatory arbitration
Yes
Jury trial waiver
Yes
Owner-operator
Optional
Governing law
Maryland

Item 11

Training & Operations

Classroom training
47 hrs
On-the-job training
19 hrs
POS system
choiceADVANTAGE
Operating tech stack

Item 20

Franchisee Contacts

Phone numbers extracted directly from this brand's FDD Item 20. After purchase, you'll also receive a list of validation questions tailored to this brand.

Franchisee contacts

100 numbers

Locked
(334) 383-••••
AL
(808) 586-••••
HI
(520) 628-••••
AZ

One-time purchase · CSV download · Validation questions included

FDD download

Comfort · FDD (2024) PDF

Single-page checkout · instant download · CSV export of contacts available separately above