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FranchiseVerdict

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1 brands side-by-side

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Brand
Econo Lodge logoATop Quintile
Econo Lodge
Lodging
Remove
Vitals
Investment range
$175K – $955K
Liquid capital
$25K – $60K
Franchise fee
$30K
Royalty rate
5.0%
Ad fund rate
3.5%
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
ATop Quintile
Risk score
38 / 100
SBA charge-off rate
1.1%
SBA loans on record
121
Scale
Total units
677
Net change (latest yr)
N/A
Turnover rate
8.0%
Contract
Initial term (years)
20
Renewal term (years)
N/A
Initial training (hrs)
79
Contacts
Franchisee phones
100

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