Question 1

How much does it cost to open a Travelodge franchise?

Accepted Answer

The total initial investment for a Travelodge franchise ranges from $227K to $11.0M, according to the latest Franchise Disclosure Document (FDD).

Question 2

What is the Travelodge franchise fee?

Accepted Answer

The initial franchise fee for Travelodge is $35K.

Question 3

What are the net worth requirements for a Travelodge franchise?

Accepted Answer

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

Question 4

Does Travelodge require a personal guarantee?

Accepted Answer

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

Question 5

What equipment and inventory costs are involved with a Travelodge franchise?

Accepted Answer

Equipment costs for a Travelodge franchise range from $442K to $982K. Initial inventory costs range from $9K to $308K.