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Updated RecentlyLa Quinta vs Oasis Senior Advisors Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of La Quinta vs Oasis Senior Advisors including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $3,822,657 - $12,901,630 | $59,290 - $93,490 |
| Franchise Fee | $55,000 | $40,000 - $70,000 |
| Royalty Fee | 4-4.5% | 10% |
| Advertising Fee | 4.5% | - |
| Year Founded | 1968 | 2013 |
| Year Franchised | 2001 | 2014 |
| Term Of Agreement | 20 years | - |
| Term Of Agreement | 20 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/No | -/- |
| Start-up Costs | No/Yes | -/- |
| Equipment | No/Yes | -/- |
| Inventory | No/Yes | -/- |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| 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 |
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| US Expansion | - | - |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
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.
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#193 in Franchise 500 for 2020.
#217 in Franchise 500 for 2021.
About Oasis Senior Advisors
Oasis Senior Advisors™ Helps You Find the Right Place
As the number of seniors in the country grows faster than other segments of the population, the need for compassionate, high-quality living options becomes more important than ever. Oasis Senior Advisors® offers seniors and their families a trusted and knowledgeable guide to help them navigate the choices and find the one that’s just right for their lifestyle, budget, preferences, and care needs.At the heart of Oasis Senior Advisors is people who truly care about making a difference in the lives of our clients. As a franchisee, you’ll have access to our proprietary software, OasisIQ™, to assist you in providing personalized service and standout results to every senior with whom you work. Our business model allows you to offer your referral services to your clients for FREE to further ease their burden during this time of change and uncertainty.
The estimated total initial investment necessary to begin operation of a franchised Oasis Senior Advisors® business ranges from $59,290 to $93,490. This includes approximately $50,000 to $70,000 that must be paid to the franchisor or its affiliates. The franchisor bases their Initial Franchise Fee on a rate of $0.10 for each person in your Territory, which will typically have 400,000 people.