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| Brand | Econo Lodge By Choice Hotels/e Lodging Remove | Grand Welcome Lodging Remove |
|---|---|---|
| Vitals | ||
Investment range | N/A | $68K – $170K |
Liquid capital | N/A | $15K – $35K |
Franchise fee | N/A | $49K |
Royalty rate | N/A | 8.0% |
Ad fund rate | N/A | 1.0% |
| Performance | ||
Avg gross sales | N/A | $4.2M |
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 | ATop Quintile | ATop Quintile |
Risk score | 15 / 100 | 40 / 100 |
SBA charge-off rate | 2.8% | 0.0% |
SBA loans on record | 185 | 6 |
| Scale | ||
Total units | N/A | 64 |
Net change (latest yr) | N/A | N/A |
Turnover rate | N/A | 25.8% |
| Contract | ||
Initial term (years) | N/A | 10 |
Renewal term (years) | N/A | 10 |
Initial training (hrs) | N/A | 79 |
| Contacts | ||
Franchisee phones | 0 | 18 |
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