Hotels
Company Website: www.choicehotels.com
2012 Rank (Entrepreneur.com): 68
Total Investment: $1.2M-14.6M
Franchising Website: http://www.choicehotelsfranchise.com
Business Established: 1939
Franchising Since: 1962
Franchise fee: $10K-60K
Ongoing royalty fee: Varies
Term of agreement: 20 years, not renewable
In-House Financing: No
# Units Worldwide: 5000+
Net Worth Required: $750K
Liquid Assets Required: $200K
