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FranchiseVerdict

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1 brands side-by-side

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Brand
avid hotels logoBAbove Average
avid hotels
Lodging
Remove
Vitals
Investment range
$11.1M – $16.8M
Liquid capital
$100K – $175K
Franchise fee
$50K
Royalty rate
5.0%
Ad fund rate
3.0%
Performance
Avg gross sales
N/A
Median gross sales
N/A
Avg owner earnings
Metric varies by brand. Check type below
N/A
Earnings metric
Not classified
Risk
Rating
BAbove Average
Risk score
54 / 100
SBA charge-off rate
11.8%
SBA loans on record
1,505
Scale
Total units
81
Net change (latest yr)
N/A
Turnover rate
0.0%
Contract
Initial term (years)
20
Renewal term (years)
N/A
Initial training (hrs)
724
Contacts
Franchisee phones
80

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