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2 brands side-by-side
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| Brand | Grand Welcome Lodging Remove | RENUE® Lodging Remove |
|---|---|---|
| Vitals | ||
Investment range | $68K – $170K | $182K – $226K |
Liquid capital | $15K – $35K | $15K – $25K |
Franchise fee | $49K | $75K |
Royalty rate | 8.0% | 10.0% |
Ad fund rate | 1.0% | 1.0% |
| Performance | ||
Avg gross sales | $4.2M | $658K |
Median gross sales | N/A | $400K |
Avg owner earnings Metric varies by brand. Check type below | N/A | N/A |
Earnings metric | Not classified | Not classified |
| Risk | ||
Rating | CAverage | DBelow Average |
Risk score | 67 / 100 | 73 / 100 |
SBA charge-off rate | 0.0% | 22.2% |
SBA loans on record | 6 | 12 |
| Scale | ||
Total units | 64 | 26 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 21.9% | 0.0% |
| Contract | ||
Initial term (years) | 10 | 5 |
Renewal term (years) | 10 | 5 |
Initial training (hrs) | 79 | 71 |
| Contacts | ||
Franchisee phones | 18 | 23 |
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