Franchimp Summary Rating
Higher than 58% of peers
Franchise Summary
Description
The franchise offered in this disclosure document is for the rights to operate a Red Lion branded hotel.
Corporate Structure
Red Lion Hotels Franchising, Inc. is a corporation formed in the state of Washington on December 24, 1986 as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc. Their principal business address is 1550 Market Street, Suite 350, Denver, Colorado 80202. Their parent corporation was incorporated in the State of Washington on April 25, 1978 and changed its name from WestCoast Hospitality Corporation to Red Lion Hotels Corporation on September 19, 2005 They have offered franchises under the Red Lion Marks since 1999.
Franchise Types Available
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Distribution of Red Lion Hotel (Red Lion Hotels) Franchisees
Red Lion Hotel (Red Lion Hotels) Franchise System Development in 2025
FAQ
How much investment do I need to start my own Red Lion Hotel (Red Lion Hotels) business?
Franchisees typically require at least $17,074,113 to $23,615,800 investment to get their Red Lion Hotel (Red Lion Hotels) business started
What are the initial franchise fees for Red Lion Hotel (Red Lion Hotels)?
Franchisees typically need to pay at least $59,650 in fees directly to Red Lion Hotel (Red Lion Hotels) in order to earn the right to launch their business
How much money can I make with a Red Lion Hotel (Red Lion Hotels) franchise? What are
the average revenues for a typical Red Lion Hotel (Red Lion Hotels) business?
We haven’t done the math on how much revenue a typical
Red Lion Hotel (Red Lion Hotels) brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Red Lion Hotel (Red Lion Hotels) to generate a similar amount
How long do I need to commit to running a Red Lion Hotel (Red Lion Hotels) unit? What
is my contractual commitment?
Red Lion Hotel (Red Lion Hotels) franchisees are typically required to sign up to a
20 year contract initially. The renewal length
is 20 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$17,074,113 to $23,615,800
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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