• Franchise Fee:$60,000
• Total Investment Range:
$500,000
• Required Cash liquidity:
$1,000,000
Financing Assistance:
•No
Training and Support:
•Yes
Franchise Description
Franchisees pay Choice Hotels royalty, marketing, and reservation fees in exchange
for right to use one of the ten Choice Hotel brands. Choice Hotels provides exceptional
support and services to help make its franchisees successful. Choice spends over
$50 miilion annually marketing its brands and delivers paid roomnights to its properties
via its reservation center. Project costs: $2 - $10 million, depends on the Choice
brand and the number of rooms. Equity/Cash Requirements: 20-30% of total project
costs
Franchise Training and Support
No support information supplied.
Investment Requirements
Franchise Fee:
$60,000
Required Cash liquidity:
$1,000,000
Total Investment Range:
$500,000
