5/10

Franchimp Summary Rating

5 /10
Investment Accessibility
Higher than 56% of peers

Franchise Summary

Description
The franchise offered in this disclosure document is for the rights to own and/or operate a CAMBRIA HOTELS ("CAMBRIA") hotel business.
Company Background
CAMBRIA HOTELS is the first and only hotel franchise that offers a full range of services, from food to housekeeping. CAMBRIA has created an innovative business model that combines all aspects of hospitality into one simple system, making it easier for owners to operate their hotels more efficiently.
Franchise Opportunity
Owning and/or operating a hotel business can be difficult, as there are many things to consider when starting and running a hotel. The CAMBRIA HOTELS franchise offers you the chance to own and operate a successful hotel business with all of the necessary resources and support. With over 20 years of experience in the hotel industry, CAMBRIA HOTELS knows what it takes to make your hotel business a success. From start-up assistance to marketing guidance, we provide everything you need to get your hotel up and running smoothly.
Corporate Structure
Choice Hotels International, Inc. is a Delaware corporation formed on January 8, 1963, under the name Quality Inns International, Inc. They changed their corporate name to Choice Hotels International, Inc. on July 25, 1990. From November 1, 1996 to October 15, 1997, their corporate name was Choice Hotels Franchising, Inc. Their corporate name has been Choice Hotels International, Inc. since October 15, 1997. Their principal business address is 1 Choice Hotels Circle, Suite 400, Rockville, Maryland 20850.

Franchise Types Available

# Type Investment Fees

Distribution of Cambria Hotels & Suites Franchisees

Cambria Hotels & Suites Franchise System Development in 2022

FAQ

How much investment do I need to start my own Cambria Hotels & Suites business?
Franchisees typically require at least $14 to $28 investment to get their Cambria Hotels & Suites business started
What are the initial franchise fees for Cambria Hotels & Suites?
Franchisees typically need to pay at least $60 in fees directly to Cambria Hotels & Suites in order to earn the right to launch their business
How much money can I make with a Cambria Hotels & Suites franchise? What are the average revenues for a typical Cambria Hotels & Suites business?
We haven’t done the math on how much revenue a typical Cambria Hotels & Suites brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Cambria Hotels & Suites to generate a similar amount
How long do I need to commit to running a Cambria Hotels & Suites unit? What is my contractual commitment?
Cambria Hotels & Suites franchisees are typically required to sign up to a 20 year contract initially. The renewal length is 10 years. You can of course exit early but don’t expect to get any refund!

Accessibility

5 /10
The Franchisor's investment costs ranges from $14,788,700 to $28,663,339 which is Much Higher than the $0 to $0 average in the Hotels & Resorts industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc

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