La Quinta Franchising LLC
At a Glance
Products & Services: Hotels
Number of Locations: 774
Total Investment: $4.3M - 5.6M
Founded: 1968
Began Franchising: 2000
Public Owned
Franchise Units
| Year | U.S. | Canadian | International | Company Owned |
| 2010 | 400 | 1 | 1 | 372 |
| 2008 | 292 | 1 | 1 | 370 |
Where Seeking Franchisees: Franchisor is seeking new franchise units in the U.S.,Canada, Mexico.
Startup Costs, Ongoing Fees and Financing
Total Investment: $4,300,000 - $5,600,000
Franchise Fee: $50,000
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 20 years, renewable
Franchise Fee: $50,000
Ongoing Royalty Fee: 4.5%
Term of Franchise Agreement: 20 years, renewable
Financial Requirements
Net Worth: $2,500,000
Operations
15% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 20 - 25. Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators).How This Franchise Supports Franchisees
Training: Available at headquarters: 2 weeks. At franchisee's location: 2 weeks.
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives,
Marketing Support: Co-op advertising, Ad slicks, National media, Regional advertising,