La Quinta vs Vagabond Inns Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of La Quinta vs Vagabond Inns including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
La Quinta Franchise
Vagabond Inns Franchise
Investment $3,822,657 - $12,901,630$2,800,000 - $5,800,000
Franchise Fee $55,000$20,000
Royalty Fee 4-4.5%2.5%
Advertising Fee 4.5%-
Year Founded 19681958
Year Franchised 20012000
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements
 
La Quinta Franchise
Vagabond Inns Franchise
Experience
  • General business experience
    		• -

    Financing Options
     
    La Quinta Franchise
    Vagabond Inns Franchise
      In-House/3rd PartyIn-House/3rd Party
    Franchise Fees No/NoNo/No
    Start-up Costs No/YesNo/No
    Equipment No/YesNo/No
    Inventory No/YesNo/No
    Receivables No/NoNo/No
    Payroll No/NoNo/No

    Training & Support
     
    La Quinta Franchise
    Vagabond Inns Franchise
    Training --
    Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives-
    Marketing Co-op advertising, Ad slicks, National media, Regional advertising-
    Operations 15% of all franchisees own more than one unit

    Number of employees needed to run franchised unit: 20 - 25

    Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

    		-

    Expansion Plans
     
    La Quinta Franchise
    Vagabond Inns Franchise
    US Expansion --
    Canada Expansion NoNo
    International Expansion YesNo

    Company Overviews

    About La Quinta

    La Quinta is one of the fastest growing mid-scale hotels with properties across the US, Canada and Mexico. Our purpose is to provide a refreshing and engaging environment that builds long-lasting, valuable relationships with employees, guests, owners and partners. La Quinta is a proud participant in VetFran, and is honored to offer veterans of our armed forces great incentives and enhanced resources for becoming a part of the La Quinta family.
    Veteran Incentives: 50% off application/franchise fees; development incentive of up to $4,000/room

    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 109-room new construction facility ranges from $10,348,042 to $12,901,630, including $71,050 to $91,500 that must be paid to the franchisor or an affiliate.
    The total investment necessary to begin operation of a La Quinta Inn & Suites franchise for a 100-room conversion facility ranges from $3,822,657 to $6,101,522 including $66,100 to $86,550 that must be paid to the franchisor or an affiliate. Land acquisition and site preparation costs are not included in these ranges.

    "Entrepreneur

    #193 in Franchise 500 for 2020.
    #217 in Franchise 500 for 2021.






    About Vagabond Inns

    Golden Opportunity in the Golden State

    We welcome the opportunity to discuss with you the advantages of becoming part of Vagabond Inn.
    Vagabond Inn offers 50 years of brand identity as well as industry leading technology that allows you to maximize your revenue.
    Based in Los Angeles, California, Vagabond Inn Corporation operates and provides franchise services to more than 40 hotels throughout the U.S. West Coast.
    Vagabond Inn is also an approved member of the Franchise Registry which provides improved financing for future and existing Vagabond Inn franchises.