8/10

Franchimp Summary Rating

7 /10
Earnings Transparency
8 /10
Investment Accessibility
Lower than 21% of peers

Franchise Summary

Description
The franchise offered in this disclosure document is for the rights to own and/or operate a COMFORT INN , COMFORT SUITES or COMFORT INN & SUITES ("COMFORT") hotel business.
Company Background
The Comfort Inn is a franchise offered in this disclosure document for the rights to own and/or operate a Comfort Inn, Comfort Suites or Comfort Inn & Suites.
Franchise Opportunity
A hotel franchise can be a great investment but it is important to make the right choice. With over 1,100 hotels in North America and more than 4,000 worldwide there are many options available when making your decision. It can be hard to choose which one will be the best fit for you. We have been working with franchising since 1979 and we know that Comfort Inn is the perfect choice for you if you want to run a successful hotel business at an affordable price. You get all of this without compromising on quality or service because Comfort Inn has been recognized as one of the top 25 brands in hospitality by Forbes magazine. This means that our guests trust us with their most valuable possessions - their family members!
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.
Royalties and Marketing Fees

Royalties : 6.0% of revenue

Earnings Transparency

7 /10
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry

Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet

Franchise Types Available

# Type Investment Fees

Management Team

# Name Position

Distribution of Comfort Inn Franchisees

Comfort Inn Franchise System Development in 2022

Historical Comfort Inn | Comfort Inn & Suites | Comfort Suites (Choice Hotels) System Growth

FAQ

How much investment do I need to start my own Comfort Inn business?
Franchisees typically require at least $307 to $11 investment to get their Comfort Inn business started
What are the initial franchise fees for Comfort Inn ?
Franchisees typically need to pay at least $50 in fees directly to Comfort Inn in order to earn the right to launch their business
How much money can I make with a Comfort Inn franchise? What are the average revenues for a typical Comfort Inn business?
We haven’t done the math on how much revenue a typical Comfort Inn brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Comfort Inn to generate a similar amount
How long do I need to commit to running a Comfort Inn unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

8 /10
The Franchisor's investment costs ranges from $307,150 to $11,956,591 which is Much Lower 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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