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| Brand | Sonesta Hotels and Resorts / Royal Sonesta Lodging Remove | Grand Welcome Lodging Remove |
|---|---|---|
| Vitals | ||
Investment range | $1.5M | $68K – $170K |
Liquid capital | $526K – $1.8M | $15K – $35K |
Franchise fee | $75K | $49K |
Royalty rate | 5.0% | 8.0% |
Ad fund rate | 3.5% | 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 | DBelow Average | CAverage |
Risk score | 75 / 100 | 67 / 100 |
SBA charge-off rate | N/A | 0.0% |
SBA loans on record | 2 | 6 |
| Scale | ||
Total units | 48 | 64 |
Net change (latest yr) | N/A | N/A |
Turnover rate | 2.1% | 21.9% |
| Contract | ||
Initial term (years) | 20 | 10 |
Renewal term (years) | 20 | 10 |
Initial training (hrs) | 33 | 79 |
| Contacts | ||
Franchisee phones | 33 | 18 |
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