Econo Lodge vs AFM Hospitality Corporation Franchise Comparison

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

Start-Up Costs and Fees
 
Econo Lodge Franchise
AFM Hospitality Corporation Franchise
Investment $208,275 - $938,645$2,000,000 - $20,000,000
Franchise Fee $25,000$35,000
Royalty Fee 4.5%3%
Advertising Fee 3.5%4%
Year Founded -1991
Year Franchised -1992
Term Of Agreement 20 years5/5/5/5 Years
Term Of Agreement 20 years5/5/5/5 Years
Renewal Fee --


Business Experience Requirements
 
Econo Lodge Franchise
AFM Hospitality Corporation Franchise
Experience --

Financing Options
 
Econo Lodge Franchise
AFM Hospitality Corporation Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/--/-
Start-up Costs -/--/-
Equipment -/--/-
Inventory -/--/-
Receivables -/--/-
Payroll -/--/-

Training & Support
 
Econo Lodge Franchise
AFM Hospitality Corporation Franchise
Training -On-Site 3-5 Days
Support -Central Data Processing:

Central Purchasing:

Field Operation Evaluation:

Field Training:

Initial Store Opening:

Franchisee Newsletter:

Regional or National Meetings:

800 Telephone Hotline:

Marketing --
Operations --

Expansion Plans
 
Econo Lodge Franchise
AFM Hospitality Corporation Franchise
US Expansion --
Canada Expansion --
International Expansion --

Company Overviews

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.

About AFM Hospitality Corporation

AFM is dedicated to being the best in hospitality services, nationwide. Wherever possible, the services we provide have been centralized, allowing the company to capitalize on economies of scale. All brands receive full training, quality assurance and franchise service support provided by a team of industry experts. The growth strategy for the company has been developed by a team of professionals, each with a specific area of expertise in the hospitality trade.