9/10

Franchimp Summary Rating

9 /10
Lower than 13% of peers

Franchise Summary

Description
The franchise offered in this disclosure document is for the rights to own and/or operate a QUALITY INN , QUALITY INN & SUITES , QUALITY SUITES , QUALITY HOTEL or QUALITY RESORT ("QUALITY") hotel business.
Company Background
In the QUALITY INN?, QUALITY INN & SUITES?,QUALITY SUITES?, and QUALITY HOTEL? or QUALITY RESORT?("QUALITY") hotel business.Quality is a hospitality company that offers franchised opportunities in various segments of the hospitality industry. Quality's brands include: Quality Inn(R), Quality Suites(R), Quality Hotels(TM) and Red Lion Hotels(R)
Franchise Opportunity
If you are looking to invest in a QUALITY franchise, the first thing on your mind is probably whether or not it is right for you. This document will help you make that decision. But before we get into the details of what makes this opportunity so special, let's take a look at some of the things that may be holding you back from making such an investment. We understand how intimidating it can be to consider investing in something like this when there are so many factors involved and no one who has ever done it before to give advice on how best to proceed. This is why we have prepared this document - our hope is that by reading through all of these pages, you will feel as though your questions have been answered and can more easily determine if now really is the time for you to buy a QUALITY INN?, QUALITY SUITES?or any other QUALITY hotel
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 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 Quality Inn (Choice Hotels) Franchisees

Quality Inn (Choice Hotels) Franchise System Development in 2022

FAQ

How much investment do I need to start my own Quality Inn (Choice Hotels) business?
Franchisees typically require at least $291 to $1 investment to get their Quality Inn (Choice Hotels) business started
What are the initial franchise fees for Quality Inn (Choice Hotels)?
Franchisees typically need to pay at least $53 in fees directly to Quality Inn (Choice Hotels) in order to earn the right to launch their business
How much money can I make with a Quality Inn (Choice Hotels) franchise? What are the average revenues for a typical Quality Inn (Choice Hotels) business?
We haven’t done the math on how much revenue a typical Quality Inn (Choice Hotels) brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Quality Inn (Choice Hotels) to generate a similar amount
How long do I need to commit to running a Quality Inn (Choice Hotels) unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

9 /10
The Franchisor's investment costs ranges from $291,650 to $1,828,495 which is Much Lower than the $0 to $0 average in the Lodging 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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