The franchise offered in this disclosure document is for the rights to own and/or operate a RODEWAY INN or RODEWAY INN & SUITES hotel business ("RODEWAY INN").
Company Background
RODEWAY INN is a company that offers franchise opportunities for hotels. The company owns the rights to operate these franchises in different areas of the country. RODEWAY INN has been around for over 50 years, and continues to grow with many locations across the United States. The company's goal is to provide comfortable places for travelers to stay while they are on vacation or traveling through their area.
Franchise Opportunity
A hotel franchise is a great opportunity to own your own business, but it can also be expensive. We offer you the chance to open a RODEWAY INN without having to invest money in building it from scratch. You just need $50,000 and we'll do the rest! With our help you will get started on your new career as an entrepreneur with no upfront costs for land or construction. All of this combined with our support system means that opening a RODEWAY INN won't cost you any more than what you'd spend if you were starting another type of business from scratch. This makes it easy for anyone who wants to start their entrepreneurial journey by owning their own hotel franchise!
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. They began offering franchises under the trademark RODEWAY INN in 1990.
Franchise Types Available
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Type
Investment
Fees
Distribution of Rodeway Inn Franchisees
Rodeway Inn Franchise System Development in 2021
FAQ
How much investment do I need to start my own Rodeway Inn business?
Franchisees typically require at least $116 to $648 investment to get their Rodeway Inn business started
What are the initial franchise fees for Rodeway Inn?
Franchisees typically need to pay at least $20 in fees directly to Rodeway Inn in order to earn the right to launch their business
How much money can I make with a Rodeway Inn franchise? What are
the average revenues for a typical Rodeway Inn business?
We haven’t done the math on how much revenue a typical
Rodeway Inn brings in each year. We estimate that other
franchisees in the Lodging & Leisure industry generate
$882,894 revenue, so we would expect
Rodeway Inn to generate a similar amount
How long do I need to commit to running a Rodeway 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
10 /10
The Franchisor's investment costs ranges from
$116,045 to $648,895
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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