|
Below is an in-depth analysis and side-by-side comparison of Hilton Hotels & Resorts vs Vagabond Inns including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
Investment | $30,581,105 - $128,987,095 | $2,800,000 - $5,800,000 |
Franchise Fee | $75,000 | $20,000 |
Royalty Fee | 5% | 2.5% |
Advertising Fee | 4% | - |
Year Founded | 1919 | 1958 |
Year Franchised | 1965 | 2000 |
Term Of Agreement | 10 years | 20 years |
Term Of Agreement | 10 years | 20 years |
Renewal Fee | Same as initial fee | - |
Business Experience Requirements |
||
Experience | - | |
Financing Options |
||
In-House/3rd Party | In-House/3rd Party | |
Franchise Fees | No/Yes | No/No |
Start-up Costs | No/Yes | No/No |
Equipment | No/Yes | No/No |
Inventory | No/Yes | No/No |
Receivables | No/Yes | No/No |
Payroll | No/Yes | No/No |
Training & Support |
||
Training | On-The-Job Training Classroom Training | - |
Support | Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform | - |
Marketing | Ad Templates National Media SEO Loyalty program/app | - |
Operations |
Number of employees needed to run franchised unit: 150 Absentee ownership of franchise is allowed. | - |
Expansion Plans |
||
US Expansion | Yes | - |
Canada Expansion | No | No |
International Expansion | Yes | No |
Hilton is part of the portfolio of brands at Hilton Worldwide,
which has hotels in more than 90 countries. Other Hilton Worldwide
brands include Waldorf Astoria Hotels & Resorts, Conrad Hotels &
Resorts, DoubleTree by Hilton, Embassy Suites by Hilton, Hampton by
Hilton, Hilton Garden Inn, Homewood Suites by Hilton, Home2 Suites by
Hilton, Curio - A Collection by Hilton, Canopy by Hilton and Hilton
Grand Vacations.
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.