6/10

Franchimp Summary Rating

6 /10
Investment Accessibility
Lower than 42% 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

# Type Investment Fees

Distribution of Red Lion Hotel (Red Lion Hotels) Franchisees

Red Lion Hotel (Red Lion Hotels) Franchise System Development in 2017

FAQ

How much investment do I need to start my own Red Lion Hotel (Red Lion Hotels) business?
Franchisees typically require at least $9 to $14 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 $63 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?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

6 /10
The Franchisor's investment costs ranges from $9,774,660 to $14,212,200 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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