Travelodge Hotels vs The Dry Boys Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Travelodge Hotels vs The Dry Boys including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees
 
Travelodge Hotels Franchise
The Dry Boys Franchise
Investment $184,960 - $8,424,593$74,000 - $116,000
Franchise Fee $35,000 - $38,000$30,000
Royalty Fee 4.5%7%
Advertising Fee 4%2%
Year Founded 1939-
Year Franchised 1966-
Term Of Agreement 15 years10 Years
Term Of Agreement 15 years10 Years
Renewal Fee --


Business Experience Requirements
 
Travelodge Hotels Franchise
The Dry Boys Franchise
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
 
Travelodge Hotels Franchise
The Dry Boys Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees Yes/No-/-
Start-up Costs Yes/No-/-
Equipment No/YesYes/-
Inventory Yes/YesYes/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support
 
Travelodge Hotels Franchise
The Dry Boys Franchise
Training On-The-Job Training: 3-4 days Classroom Training: 4 days Additional Training: Regional workshops; customized property 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/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations -
Marketing Co-op Advertising National Media Regional Advertising Social media SEO Website development Email marketing Loyalty program/app -
Operations International franchisees required to buy multiple units/master licenses; 25% of all franchisees own more than one unit

Number of employees needed to run franchised unit: 25

Absentee ownership of franchise is allowed.

-

Expansion Plans
 
Travelodge Hotels Franchise
The Dry Boys Franchise
US Expansion Yes-
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Travelodge Hotels

Building temporary worker Scott King opened his first motel, King's Auto Court in 1935- - so as to welcome visitors going to San Diego's World's Fair. Throughout the following five years, he opened 24 more inns around Southern California. The first under the name Travelodge opened in 1940, and this turned into the name of Scott's organization in 1946. Today Travelodge is a piece of the Wyndham Worldwide gathering of lodging networks.

Known for offering high caliber, agreeable, yet reasonable rooms, Travelodge inns advance to many markets including families, seniors and business voyagers. With about 500 Travelodge areas all through the United States, Canada and Mexico, we keep on expanding our offerings to meet our visitors' differing needs. We offer projects and courtesies including:

* Wyndham Rewards, the world's biggest lodging rewards program*
* Best Available Rate Guarantee, guaranteeing that visitors locate our most minimal rate on the Internet
* Pet Friendly Locations
* Bear Bites complimentary breakfast which incorporates newly blended espresso, squeezed orange, arranged bagels, biscuits or baked goods
* Bear Basics in-room courtesies, our new drain and nectar scented lavatory luxuries
* Free day by day daily papers * In-room espresso
* Pools and/or meeting rooms at numerous areas
* Sleepy Bear Den rooms at numerous areas

*Based on the quantity of partaking properties.

The total investment necessary to begin operation of a Travelodge franchise for a 100 room new construction facility ranges from $5,008,753 to $8,424,593.
The total investment necessary to begin operation of a Travelodge franchise for a 100 room conversion facility ranges from $184,960 to
$2,281,055. Land acquisition costs are not included in these ranges. The above amounts include a range of $43,600 to $72,925 that must be paid to the franchisor or an affiliate.

"Top     "Entrepreneur
#112 in Canada's Top franchises.
#112 in Franchise 500 for 2020.
#338 in Franchise 500 for 2021..




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.