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Brand	CAverage MainStay Suites Lodging Remove	CAverage Ramada Lodging Remove
Vitals
Investment range	$8.7M – $15.8M	$238K – $24.6M
Liquid capital	N/A	$126K – $1.6M
Franchise fee	$50K	$35K
Royalty rate	6.0%	5.0%
Ad fund rate	2.5%	3.5%
Performance
Avg gross sales	$2.1M	N/A
Median gross sales	$2.1M	N/A
Avg owner earnings Metric varies by brand. Check type below	N/A	N/A
Earnings metric	Not classified	Not classified
Risk
Rating	CAverage	CAverage
Risk score	66 / 100	65 / 100
SBA charge-off rate	22.2%	17.2%
SBA loans on record	9	633
Scale
Total units	126	247
Net change (latest yr)	N/A	N/A
Turnover rate	2.4%	8.9%
Contract
Initial term (years)	20	20
Renewal term (years)	N/A	N/A
Initial training (hrs)	162	66
Contacts
Franchisee phones	60	97