4/10

Franchimp Summary Rating

4 /10
Higher than 62% of peers

Franchise Summary

Description
The franchisee will operate a hotel under the "Coast" brand and franchisee will participate in the advertising, marketing, reservation system, and quality standards designed and implemented by Coast Hotels USA, LLC
Company Background
The Coast Hotels & Resorts brand is a new and innovative hotel franchise. By joining our team, you will be part of the next generation of hospitality - one that combines the best of modern technology with incredible customer service to deliver an unparalleled travel experience.
Franchise Opportunity
Coast Hotels & Resorts is looking for a partner to help them grow their business. Coast Hotels USA, LLC has been in the hotel business for over 25 years. We know what it takes to be successful, and we're looking for a partner who shares our commitment to quality and customer service. Franchisee will operate a hotel under the "Coast" brand and franchisee will participate in the advertising, marketing, reservation system, and quality standards designed and implemented by Coast Hotels USA, LLC. This is your opportunity to become part of a successful team and grow your business with us.

Employee Contact Database

# Name Position Phone Number Email Address

Distribution of Coast Hotels & Resorts Franchisees

Coast Hotels & Resorts Franchise System Development in 2017

FAQ

How much investment do I need to start my own Coast Hotels & Resorts business?
Franchisees typically require at least $27 to $381 investment to get their Coast Hotels & Resorts business started
What are the initial franchise fees for Coast Hotels & Resorts?
We don't know exactly how much the franchise fees are for Coast Hotels & Resorts, but we can tell you that other franchises in the Lodging & Leisure sector typically need to pay between $31,047 and $39,917 to the franchisor
How much money can I make with a Coast Hotels & Resorts franchise? What are the average revenues for a typical Coast Hotels & Resorts business?
We haven’t done the math on how much revenue a typical Coast Hotels & Resorts brings in each year. We estimate that other franchisees in the Lodging & Leisure industry generate $882,894 revenue, so we would expect Coast Hotels & Resorts to generate a similar amount
How long do I need to commit to running a Coast Hotels & Resorts unit? What is my contractual commitment?
The standard length for an initial franchise contract is 10 years. Renewals are also generally 10 years

Accessibility

4 /10
The Franchisor's investment costs ranges from $10,151,300 to $37,430,300 which is Much Higher 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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