Start-Up Costs and Fees |
||
| Hospitality | Vagabond Inns | |
| Investment | 133600 - 2602000 | 2800000 - 5800000 |
| Franchise Fee | 0 | |
| Royalty Fee | $35/rm/night | 2.50% |
| Advertising Fee | ||
| Year Founded | 1971 | 1958 |
| Year Franchised | 1982 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| Hospitality | Vagabond Inns | |
| Experience | ||
Financing Options |
||
| Hospitality | Vagabond Inns | |
| Franchise Fees | No | No |
| Start-up Costs | No | No |
| Equipment | No | No |
| Inventory | No | No |
| Receivables | No | No |
| Payroll | No | No |
Training & Support |
||
| Hospitality | Vagabond Inns | |
| Training | Classroom Training: 10.5 hours Additional Training: At regional training seminars | |
| Support | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations | |
| Marketing | Ad Templates Regional Advertising Social media Website development Email marketing | |
| Operations | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) | |
Expansion Plans |
||
| Hospitality | Vagabond Inns | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory | 0 |
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| Hospitality | |
| Vagabond Inns | |
| Franchise Fee | |
| Hospitality | |
| Vagabond Inns | |
| Royalty Fee | |
| Hospitality | $35/rm/night |
| Vagabond Inns | 2.50% |
| Advertising Fee | |
| Hospitality | |
| Vagabond Inns | |
| Year Founded | |
| Hospitality | 1971 |
| Vagabond Inns | 1958 |
| Year Franchised | |
| Hospitality | 1982 |
| Vagabond Inns | 2000 |
| Term Of Agreement | |
| Hospitality | 5 years |
| Vagabond Inns | 20 years |
| Renewal Fee | |
| Hospitality | |
| Vagabond Inns | |
Business Experience Requirements |
|
| Experience | |
| Hospitality | |
| Vagabond Inns | |
Financing Options |
|
| Franchise Fees | |
| Hospitality | No |
| Vagabond Inns | No |
| Start-up Costs | |
| Hospitality | |
| Vagabond Inns | |
| Equipment | |
| Hospitality} | |
| Vagabond Inns | |
| Inventory | |
| Hospitality | |
| Vagabond Inns | |
| Receivables | |
| Hospitality | |
| Vagabond Inns | |
| Payroll | |
| Hospitality | |
| Vagabond Inns | |
Training & Support |
|
| Training | |
| Hospitality | Classroom Training: 10.5 hours Additional Training: At regional training seminars |
| Vagabond Inns | |
| Support | |
| Hospitality | Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations |
| Vagabond Inns | |
| Marketing | |
| Hospitality | Ad Templates Regional Advertising Social media Website development Email marketing |
| Vagabond Inns | |
| Operations | |
| Hospitality | 50% of all franchisees own more than one unit Number of employees needed to run franchised unit: 15 Absentee ownership of franchise is allowed. (80% of current franchisees are owner/operators) |
| Vagabond Inns | |
Expansion Plans |
|
| US Expansion | |
| Hospitality | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Vagabond Inns | |
| Canada Expansion | |
| Hospitality | Nationwide, Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Quebec, Saskatchewan, Yukon Territory |
| Vagabond Inns | 0 |
| International Expansion | |
| Hospitality | |
| Vagabond Inns | |