Vagabond Inns vs Econo Lodge Franchise Comparison

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

Start-Up Costs and Fees

 
Vagabond Inns Franchise
Econo Lodge Franchise
Investment $2,800,000 - $5,800,000$208,275 - $938,645
Franchise Fee $20,000$25,000
Royalty Fee 2.5%4.5%
Advertising Fee -3.5%
Year Founded 1958-
Year Franchised 2000-
Term Of Agreement 20 years20 years
Term Of Agreement 20 years20 years
Renewal Fee --


Business Experience Requirements

 
Vagabond Inns Franchise
Econo Lodge Franchise
Experience --

Financing Options

 
Vagabond Inns Franchise
Econo Lodge 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
Econo Lodge Franchise
Training --
Support --
Marketing --
Operations --

Expansion Plans

 
Vagabond Inns Franchise
Econo Lodge Franchise
US Expansion --
Canada Expansion No-
International Expansion No-

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 Econo Lodge

Econo Lodge hotels provide a great stay and a great value for business and leisure travelers. Free wireless hotspots Complimentary Breakfast by Econo Lodge Free USA Today weekdays.

The total investment necessary to convert an existing hotel and begin operation of a 63-room ECONO LODGE hotel franchise is between $208,275 and $938,645. This includes an affiliation fee of $250 per room for new franchises, $500 per room for transfers and renewals ($25,000 minimum for new franchises, $30,000 for transfers and renewals); a brand activation fee of approximately $8,000 to $17,000; and orientation and hospitality training fees of between $0 and $3,145 per person, all of which are paid to the Franchisor or its affiliates. These sums do not include the cost of any real estate taxes.