Vagabond Inns vs HomeTowne Studios Franchise Comparison

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

Start-Up Costs and Fees

 
Vagabond Inns Franchise
HomeTowne Studios Franchise
Investment $2,800,000 - $5,800,000$345,500 - $1,238,500
Franchise Fee $20,000$30,000
Royalty Fee 2.5%3%
Advertising Fee --
Year Founded 19582017
Year Franchised 20002017
Term Of Agreement 20 years-
Term Of Agreement 20 years-
Renewal Fee --


Business Experience Requirements

 
Vagabond Inns Franchise
HomeTowne Studios Franchise
Experience --

Financing Options

 
Vagabond Inns Franchise
HomeTowne Studios Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees No/No-/-
Start-up Costs No/No-/-
Equipment No/No-/-
Inventory No/No-/-
Receivables No/No-/-
Payroll No/No-/-

Training & Support

 
Vagabond Inns Franchise
HomeTowne Studios Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Vagabond Inns Franchise
HomeTowne Studios Franchise
US Expansion -Yes
Canada Expansion No-
International Expansion NoNo

Company Overviews

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.

About HomeTowne Studios

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HomeTowne Studios by Red Roof is an extended stay hotel with flexible daily, weekly, and monthly rate options.
• Fully Furnished Rooms
• Kitchen
• Full Sized Refrigerator
• Microwave
• 2-Burner Stove Top
• Kitchen Table with Chairs
• Weekly House Keeping
• On-site Laundry
• Free High-Speed WiFi
• HD Flat Screen TV
• Extended Cable Package
• Free Domestic Phone Service
• All Inclusive Pricing - No Utility Bills!
• Rate Options: Daily, Weekly, Monthly

The total investment necessary to begin operation of a HomeTowne Studios by Red Roof or a Home Town Inn lodging franchise for a 65-room conversion hotel ranges from $345,500 to $1,238,500. These amounts do not include the costs of land, original construction or acquisition, or ground or building lease rent for the hotel location but do include the approximately $56,500 to $62,000 that must be paid to the franchisor or an affiliate.