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Brand	FBottom Quintile Best Western Lodging Remove	BAbove Average Hyatt Studios Lodging Remove
Vitals
Investment range	$582K – $32.5M	$13.3M – $20.7M
Liquid capital	$270K – $545K	$400K – $500K
Franchise fee	$45K	$50K
Royalty rate	3.5%	5.0%
Ad fund rate	1.6%	N/A
Performance
Avg gross sales	N/A	N/A
Median gross sales	N/A	N/A
Avg owner earnings Metric varies by brand. Check type below	N/A	N/A
Earnings metric	Not classified	Not classified
Risk
Rating	FBottom Quintile	BAbove Average
Risk score	90 / 100	57 / 100
SBA charge-off rate	8.8%	N/A
SBA loans on record	418	N/A
Scale
Total units	1,748	0
Net change (latest yr)	N/A	N/A
Turnover rate	3.0%	N/A
Contract
Initial term (years)	20	20
Renewal term (years)	10	10
Initial training (hrs)	99	128
Contacts
Franchisee phones	100	10