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Updated RecentlyRodeway Inns Franchise
Inn
operation of a 67-room Rodeway Inn hotel franchise is between
$118,825-$572,495. This includes the following fees that must be paid to
the franchisor or its affiliates as follows: an affiliation fee of $125
per room for new construction and $375 per room for transfers and
renewals, $15,000 minimum; a property management system software license
and systems training fee of between $5,250 and $9,250; and orientation
and hospitality training fees of between $0 and $3,245 per person. These
sums do not include the cost of any real estate taxes.
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How much does it cost to open a Rodeway Inns Franchise?
The investment required to open a Rodeway Inns Franchise is between $118,825-$572,495. There is an initial franchise fee of $15,000 which grants you the license to run a business under the Rodeway Inns name.
Individual Unit Costs
- Initial Investment:
$118,825-$572,495 - Initial Franchise Fee:
$15,000 - Royalty Fee:
4.5% - Advertising Fee:
1.25%-3.5%
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When did Rodeway Inns start Franchising? N/A
To calculate how much income a franchise owner can do at Rodeway Inns Franchise, may vary on factors like location, size etc., On the other side as a business owner your goals to maintain the quality of service while streaming sales high and expenses low. As any other franchise may include rent/mortgage, staffing/family, inventory supplies, utilities, administrative costs vise vera. Location to location and seasons the months costs may vary. Most franchises start up costs are typically fixed and they will cover most of the initial operating costs like signage, furniture, decoration and renovations.
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Listing Tags
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Rodeway Inns
1 Choice Hotels Circle, Suite 400
Rockville',
MD
20850