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Brand	BAbove Average Sonesta Simply Suites Lodging Remove	FBottom Quintile Best Western Lodging Remove
Vitals
Investment range	$14.0M – $19.2M	$582K – $32.5M
Liquid capital	$301K – $453K	$270K – $545K
Franchise fee	$50K	$45K
Royalty rate	5.0%	3.5%
Ad fund rate	3.5%	1.6%
Performance
Avg gross sales	$2.1M	N/A
Median gross sales	$1.9M	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	FBottom Quintile
Risk score	59 / 100	90 / 100
SBA charge-off rate	N/A	8.8%
SBA loans on record	3	418
Scale
Total units	67	1,748
Net change (latest yr)	N/A	N/A
Turnover rate	3.0%	3.0%
Contract
Initial term (years)	20	20
Renewal term (years)	20	10
Initial training (hrs)	33	99
Contacts
Franchisee phones	25	100