Monday
May312010
Econo Lodge Franchise
Lodging
Econo Lodge hotels provide a great stay and a great value for business and leisure travelers.
Free wireless hotspots
Complimentary Breakfast by Econo Lodge
Free USA Today weekdays
Start-up Costs & Franchises Fees
What is the total cost to open a Econo Lodge Franchises?
Total Cost: $2,000 USD ,000 USD
Total Franchise Fees: $25,000 USD
Ongoing Royalty Fees: 4.5%
Ongoing Advertising Fees: 3.5%
Term of Agreement: 20 years
Contact Information for Econo Lodge
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Econo Lodge |
Phone Number: 1.800.547.0007 |
Historical Expansion
In what year did Econo Lodge begin operations? Not Available
When did Econo Lodge begin selling franchises? Not Available
Franchise Analyzer Professional's Inside Information
Can you buy this franchise for no money down? YesPlease note: You must download a free copy of Franchise Analyzer Professional to receive these benefits and so much more. Click here to download your FREE copy now.
What key terms in the franchise agreement can be negotiated? Cross-default provisions, arbitration clause, personal guarantee, default cure periods, non-compete agreement, favorable valuations for corporate buyout
Can you negotiate lower royalties during start-up? Yes
Can you purchase multiple franchises for a discounted franchise fee? Yes
Can you receive lower advertising fees? Yes
Will I know when the franchise break even? Yes
Will my personal assets including my home be safe in case my franchise business fails? Yes