Americas Best Value Inn FDD – Franchise Information, Costs and Fees
Type of Business
The franchise offered in this disclosure document is for the right to operate an Americas Best Value Inn®-branded hotel.
Corporate Information
Red Lion Hotels Franchising, Inc. is a corporation formed in the state of Washington on December 24, 1986, as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc. Their principal business address is Two Newton Place, 255 Washington Street, Suite 230, Newton, Massachusetts 02458. Their parent corporation was incorporated in the State of Washington on April 25, 1978 and changed its name from WestCoast Hospitality Corporation to Red Lion Hotels Corporation on September 19, 2005.
Investment
The total investment necessary to convert an existing hotel into a 50-room Americas Best Value Inn Hotel is $101,095 to $1,219,395. This estimate includes $17,895 to $18,895 that must be paid to the franchisor. The total investment for a new construction 50-room Americas Best Value Inn Hotel is $3,177,000 to $6,234,500, excluding site acquisition and preparation. This estimate includes $17,895 that must be paid to the franchisor.
