Question 1

How much does it cost to open a ECONO LODGE franchise?

Accepted Answer

The total initial investment for a ECONO LODGE franchise ranges from $186K to $1.0M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the ECONO LODGE franchise fee?

Accepted Answer

The initial franchise fee for ECONO LODGE is $35K.

Question 3

What are the net worth requirements for a ECONO LODGE franchise?

Accepted Answer

Net worth requirements for ECONO LODGE are specified in the Franchise Disclosure Document.

Question 4

Does ECONO LODGE require a personal guarantee?

Accepted Answer

Yes, ECONO LODGE requires a personal guarantee from franchisees. A spousal guarantee is also required.

Question 5

What equipment and inventory costs are involved with a ECONO LODGE franchise?

Accepted Answer

Equipment and inventory costs for ECONO LODGE vary by location. Refer to the FDD for estimates.