| ||||
Updated RecentlyOasis Senior Advisors vs Econo Lodge Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Oasis Senior Advisors vs Econo Lodge including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
||
| Investment | $59,290 - $93,490 | $208,275 - $938,645 |
| Franchise Fee | $40,000 - $70,000 | $25,000 |
| Royalty Fee | 10% | 4.5% |
| Advertising Fee | - | 3.5% |
| Year Founded | 2013 | - |
| Year Franchised | 2014 | - |
| Term Of Agreement | - | 20 years |
| Term Of Agreement | - | 20 years |
| Renewal Fee | - | - |
Business Experience Requirements |
||
| Experience | - | - |
Financing Options |
||
| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | -/- | -/- |
| Start-up Costs | -/- | -/- |
| Equipment | -/- | -/- |
| Inventory | -/- | -/- |
| Receivables | -/- | -/- |
| Payroll | -/- | -/- |
Training & Support |
||
| Training | - | - |
| Support | - | - |
| Marketing | - | - |
| Operations | - | - |
Expansion Plans |
||
| US Expansion | - | - |
| Canada Expansion | - | - |
| International Expansion | - | - |
Company Overviews
About Oasis Senior Advisors
Oasis Senior Advisors™ Helps You Find the Right Place
As the number of seniors in the country grows faster than other segments of the population, the need for compassionate, high-quality living options becomes more important than ever. Oasis Senior Advisors® offers seniors and their families a trusted and knowledgeable guide to help them navigate the choices and find the one that’s just right for their lifestyle, budget, preferences, and care needs.At the heart of Oasis Senior Advisors is people who truly care about making a difference in the lives of our clients. As a franchisee, you’ll have access to our proprietary software, OasisIQ™, to assist you in providing personalized service and standout results to every senior with whom you work. Our business model allows you to offer your referral services to your clients for FREE to further ease their burden during this time of change and uncertainty.
The estimated total initial investment necessary to begin operation of a franchised Oasis Senior Advisors® business ranges from $59,290 to $93,490. This includes approximately $50,000 to $70,000 that must be paid to the franchisor or its affiliates. The franchisor bases their Initial Franchise Fee on a rate of $0.10 for each person in your Territory, which will typically have 400,000 people.
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.