Total investment:
$ 452,400
Franchise fee:
$ 55,000
Royalty fee:
5%
Marketing fee:
$ 0
Number of franchises
Return
Time period
Revenue:
$ 12 000*
* Calculator calculations are provisional, not guaranteed
MAIN INFORMATION
Year founded: 1968
Franchise since: 2000
Company owned units:
Franchise owned units: 592
Total number of units:
Number of employees per unit: 20-25
Contract period: 60 month
FRANCHISE ONLINE
WEBSITELa Quinta owns, operates, and franchises select-service hotels, primarily serves the upper-midscale and midscale segments and it’s portfolio consists of approximately 900 properties representing 88,500 rooms under the La Quinta Inn & Suites, La Quinta Inn, and LQ Hotel brands located in 48 states in the United States, as well as in Canada, Mexico, Honduras, Colombia, and Chile. The company was founded in 1968 and is headquartered in Irving, Texas. La Quinta also provides franchise opportunities. As of 2018, the company operates 576 franchises in the United States and 16 ones outside the country.
On-The-Job Training: 3 – 4 days
Classroom Training: 4 days
Absentee Ownership Allowed
Ad Royalty Fee: 2.5%