Hotel RL Franchise

Hotel

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Hotel RL is an experience of all things authentic, creative and curious. Offering a taste of the local scene in a laid-back environment, we invite open-minded travelers to work, play and pursue their passions freely. Made for explorers and curious minds, Hotel RL captures the spirit of adventure and creativity within comfortable and modern conveniences designed for a new generation of traveler, complete with exciting lobbies, free Wi-Fi, trained Victrola Coffee baristas, performance spaces, and more surprises along the way. Stay Curious.The total investment necessary to begin operation of a 150-room Hotel RL Hotel with a minimal food and beverage offering is estimated to range between $27,849,250 to $36,191,500 for new development and $1,335,000 to $4,001,500 for conversion hotels. These amounts include $90,500 to $111,000 that must be paid to the franchisor. These amounts do not include the cost of purchasing or leasing land or any real estate taxes.

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$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Hotel RL, 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 Hotel RL website.

How much does it cost to open a Hotel RL Franchise ?

The investment required to open a Hotel RL Franchise is between $1,335,000 - $36,191,500 . There is an initial franchise fee of $40,000 -$75,000 which grants you the license to run a business under the Hotel RL name.

Individual Franchise Costs

  • Initial Investment:
    $1,335,000 -
  • Initial Franchise Fee:
    $40,000 - $75,000
  • Royalty Fee:
    5%
  • Advertising Fee:
    3.50%

Expense In-House Third Party
Franchise Fee N/A N/A
Startup Costs N/A N/A
Equipment N/A N/A
Inventory N/A N/A
Accounts Receivable N/A N/A
Payroll N/A N/A

Hotel RL Growth History

When did the first Hotel RL open? 2005
When did Hotel RL start Franchising ? 2005

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



How much does a Hotel RL Franchise owner make?

How much money you could make as a Hotel RL 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 Hotel RL 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
$40,000 - $36,191,500
Initial Franchise Fee
$40,000 - $75,000
Royalty Fee
5%
Advertising Fee
3.50%

Sister Companies

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Legal Disclaimer: This information is not a franchise offering for Hotel RL 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 an Hotel RL franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.