Econo Lodge vs Value Place Franchise Comparison

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

Start-Up Costs and Fees
  Econo Lodge Value Place
Investment 208275 - 938645 5035000 - 7031000
Franchise Fee
Royalty Fee 4.50% 5%
Advertising Fee 3.50%
Year Founded 0 2003
Year Franchised 0 2004
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements
  Econo Lodge Value Place
Experience

Financing Options
  Econo Lodge Value Place
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support
  Econo Lodge Value Place
Training
Support
Marketing
Operations

Expansion Plans
  Econo Lodge Value Place
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile
Investment
Econo Lodge
Value Place
Franchise Fee
Econo Lodge
Value Place
Royalty Fee
Econo Lodge 4.50%
Value Place 5%
Advertising Fee
Econo Lodge 3.50%
Value Place
Year Founded
Econo Lodge 0
Value Place 2003
Year Franchised
Econo Lodge 0
Value Place 2004
Term Of Agreement
Econo Lodge 20 years
Value Place 20 years
Renewal Fee
Econo Lodge
Value Place 50% of current fran. fee


Business Experience Requirements
Experience
Econo Lodge
Value Place

Financing Options
 
Franchise Fees
Econo Lodge
Value Place
Start-up Costs
Econo Lodge
Value Place
Equipment
Econo Lodge}
Value Place
Inventory
Econo Lodge
Value Place
Receivables
Econo Lodge
Value Place
Payroll
Econo Lodge
Value Place

Training & Support
Training
Econo Lodge
Value Place
Support
Econo Lodge
Value Place
Marketing
Econo Lodge
Value Place
Operations
Econo Lodge
Value Place

Expansion Plans
US Expansion
Econo Lodge
Value Place
Canada Expansion
Econo Lodge
Value Place 0
International Expansion
Econo Lodge
Value Place