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| Brand | WoodSpring Suites Lodging Remove |
|---|---|
| Vitals | |
Investment range | $8.8M – $14.6M |
Liquid capital | $30K – $200K |
Franchise fee | $50K |
Royalty rate | 6.0% |
Ad fund rate | 2.5% |
| Performance | |
Avg gross sales | $2.1M |
Median gross sales | $2.1M |
Avg owner earnings Metric varies by brand. Check type below | $1.2M |
Earnings metric | P&L Bottom Line |
| Risk | |
Rating | ATop Quintile |
Risk score | 50 / 100 |
SBA charge-off rate | 0.0% |
SBA loans on record | 11 |
| Scale | |
Total units | 284 |
Net change (latest yr) | N/A |
Turnover rate | 0.0% |
| Contract | |
Initial term (years) | 20 |
Renewal term (years) | N/A |
Initial training (hrs) | 51 |
| Contacts | |
Franchisee phones | 32 |
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