The Red Collection vs La Quinta Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of The Red Collection vs La Quinta including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  The Red Collection La Quinta
Investment 787000 - 1745500 3822657 - 12901630
Franchise Fee 0
Royalty Fee 4-4.5%
Advertising Fee 4.50%
Year Founded 2017 1968
Year Franchised 2017 2001
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  The Red Collection La Quinta
Experience General business experience

Financing Options

  The Red Collection La Quinta
 
Franchise Fees No
Start-up Costs No
Equipment No
Inventory No
Receivables No
Payroll No

Training & Support

  The Red Collection La Quinta
Training
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans

  The Red Collection La Quinta
US Expansion
Canada Expansion
International Expansion

Start-Up Costs and Fees Mobile

Investment
The Red Collection
La Quinta
Franchise Fee
The Red Collection
La Quinta
Royalty Fee
The Red Collection
La Quinta 4-4.5%
Advertising Fee
The Red Collection
La Quinta 4.50%
Year Founded
The Red Collection 2017
La Quinta 1968
Year Franchised
The Red Collection 2017
La Quinta 2001
Term Of Agreement
The Red Collection
La Quinta 20 years
Renewal Fee
The Red Collection
La Quinta


Business Experience Requirements

Experience
The Red Collection
La Quinta General business experience

Financing Options

 
Franchise Fees
The Red Collection
La Quinta
Start-up Costs
The Red Collection
La Quinta
Equipment
The Red Collection}
La Quinta
Inventory
The Red Collection
La Quinta
Receivables
The Red Collection
La Quinta
Payroll
The Red Collection
La Quinta

Training & Support

Training
The Red Collection
La Quinta
Support
The Red Collection
La Quinta Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
The Red Collection
La Quinta Co-op advertising, Ad slicks, National media, Regional advertising
Operations
The Red Collection
La Quinta 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans

US Expansion
The Red Collection
La Quinta
Canada Expansion
The Red Collection
La Quinta
International Expansion
The Red Collection
La Quinta