Choice Hotels vs The Dry Boys Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Choice Hotels vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
Investment |
$88,050 - $13,166,100 | $74,000 - $116,000 |
Franchise Fee |
$10,000 - $60,000 | $30,000 |
Royalty Fee |
Varies | 7% |
Advertising Fee |
Varies | 2% |
Year Founded |
1939 | - |
Year Franchised |
1962 | - |
Term Of Agreement |
20 years | 10 Years |
Term Of Agreement |
20 years | 10 Years |
Renewal Fee |
- | - |
Business Experience Requirements |
Experience |
Industry experience General business experience | Business Experience:
NO experience necessary. You will be trained to be a water restoration professional. All you need to be, is a person with manners and willing to work! |
Financing Options |
|
In-House/3rd Party | In-House/3rd Party |
Franchise Fees |
No/Yes | -/- |
Start-up Costs |
No/Yes | -/- |
Equipment |
No/Yes | Yes/- |
Inventory |
No/Yes | Yes/- |
Receivables |
No/No | -/- |
Payroll |
No/No | -/- |
Training & Support |
Training |
- | raining
Business development program
Support
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Purchasing cooperatives
Marketing
Co-op advertising, Ad slicks, National media, Regional advertising |
Support |
Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | - |
Marketing |
Co-op advertising, Ad slicks, National media, Regional advertising | - |
Operations |
Franchisees required to buy multiple units/master licenses
Absentee ownership of franchise is allowed. | - |
Expansion Plans |
US Expansion |
- | - |
Canada Expansion |
No | - |
International Expansion |
Yes | - |
Company Overviews
About Choice Hotels
A group of Southern motel owners got together in 1939 to discuss the state of the lodging industry, hoping to do something to change the negative opinion the public had about motels (FBI director J. Edgar Hoover had warned that motels were used as bases of operations by gangsters). owners set about to create a set of quality standards for motels and agreed to publish the names of establishments that complied with these standards. In 1940, the group officially named itself Quality Courts United Inc. In 1990, Quality became known as Choice Hotels International Inc. The hotels in the chain now include Sleep, Comfort, Quality, Clarion, Rodeway, Econo Lodge and Cambria.
#29 in Canada's Top franchises.
About The Dry Boys
Mention
the words "Water damage” to any home owner across the USA, and watch
their reaction, there are no two words in the English dictionary that
gets a home owner’s attention more than these two words. When water
penetrates your home, minutes seem like hours and one immediate action
is critical as the damages can be quite destructive within
seconds.
Nothing in the world spreads as rapidly and forcefully as water
damage, and the destruction of water floods can instantly bring mayhem to your
property, penetrating to areas you didn’t even notice at first glance.
If water damage is not treated in a timely fashion, your walls will
absorb moisture, mildew, mold, rust, odor and create havoc to your
walls, floors, furniture in your home.
Picking the right Water
Restoration professional can be the difference between a clean and safe
house.
The Dry Boys professionals have decades of experience, advanced
equipment, and the necessary measures to restore your house to a clean
and healthy home.