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Brand	BAbove Average Sonesta ES Suites Lodging Remove	BAbove Average avid hotels Lodging Remove
Vitals
Investment range	$982K – $26.4M	$11.1M – $16.8M
Liquid capital	$401K – $553K	$100K – $175K
Franchise fee	$65K	$50K
Royalty rate	5.0%	5.0%
Ad fund rate	3.5%	3.0%
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	BAbove Average	BAbove Average
Risk score	59 / 100	54 / 100
SBA charge-off rate	N/A	11.8%
SBA loans on record	12	1,505
Scale
Total units	73	81
Net change (latest yr)	N/A	N/A
Turnover rate	8.2%	0.0%
Contract
Initial term (years)	20	20
Renewal term (years)	20	N/A
Initial training (hrs)	33	724
Contacts
Franchisee phones	61	80