- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$641K - $38.7M
- Units as of 2017
-
70 32.1% over 3 years
Company Overview
About Red Lion Hotels
Industry | Lodging |
---|---|
Related Categories | Hotels & Motels |
Founded | 1959 |
Parent Company | RLH Corp. |
Leadership | Greg Mount, CEO |
Corporate Address |
1550 Market St., #500 Denver, CO 80202 |
Social | Facebook, Twitter |
Business Overview
Franchising Since | 1999 (25 years) |
---|---|
# of employees at HQ | 320 |
# of Units | 70 (as of 2017) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Red Lion Hotels franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$40,000 - $75,000 |
---|---|
Initial Investment
|
$641,250 - $38,740,000 |
Royalty Fee
|
5% |
Ad Royalty Fee
|
3.5% |
Term of Agreement
|
20 years |
Is franchise term renewable? | No |
Financing Options
Some franchisors offer in-house financing, while others have relationships with third-party financing sources to which they refer qualified franchisees.
In-House Financing | Red Lion Hotels offers in-house financing to cover the following: equipment |
---|
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | Optional |
---|---|
Classroom Training | Optional |
Ongoing Support |
Purchasing Co-ops
Newsletter
Meetings & Conventions
Toll-Free Line
Grand Opening
Online Support
Security & Safety Procedures
Field Operations
Proprietary Software
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
Loyalty Program/App
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Franchise 500 Ranking History
Compare where Red Lion Hotels landed on this year's Franchise 500 Ranking versus previous years.
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