Econo Lodge Franchise

Lodging

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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.

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$129.55 USD
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Please Note: The operators of Econo Lodge, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Econo Lodge website.

How much does it cost to open a Econo Lodge Franchise ?

The investment required to open a Econo Lodge Franchise is between $208,275 - $938,645 . There is an initial franchise fee of $25,000 which grants you the license to run a business under the Econo Lodge name.

Individual Franchise Costs

  • Initial Investment:
    $208,275 -
  • Initial Franchise Fee:
    $25,000
  • Royalty Fee:
    4.50%
  • Advertising Fee:
    3.50%
  • Term of Agreement:
    20 years

Expense In-House Third Party
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Accounts Receivable N/A N/A
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Econo Lodge Growth History

When did the first Econo Lodge open? N/A
When did Econo Lodge start Franchising ? N/A


How much does a Econo Lodge Franchise owner make?

How much money you could make as a Econo Lodge Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Econo Lodge Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$25,000 - $938,645
Initial Franchise Fee
$25,000
Royalty Fee
4.50%
Advertising Fee
3.50%
Term of Agreement
20 years

Sister Companies

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Legal Disclaimer: This information is not a franchise offering for Econo Lodge and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Econo Lodge franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.