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Travelodge

Hotels

Background

Founded: 1939 Franchising since: 1966
22 Sylvan Wy.
Parsippany, New jersey 07054
Phone:
(800)758-8999

Franchisee Association
Travelodge/Thriftlodge Franchisee Advisory Assoc.

Franchisor is a publicly-held company with 19 employee(s)

Franchise Growth
Year U.S. Franchises Canadian Franchises Foreign Franchises Company Owned
2009 365 98 1 0
2008 387 102 1 0
2007 391 104 1 0
2006 384 113 1 0
2005 402 119 2 0

Where Seeking Franchisees
In the U.S. Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Massachusetts, Maryland, Maine, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North carolina, North dakota, New hampshire, New jersey, New mexico, Nevada, New york, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode island, South carolina, South dakota, Tennessee, Texas, Utah, Virginia, Vermont, Washington, Wisconsin, West virginia, Wyoming
Outside the U.S.: Canada, Mexico, South america

Exclusive territories available.
Territory size: Varies

Costs and Fees

Total investment: $383K-6.3M
Franchise fee: $36K+
Ongoing royalty fee: 4.5%
Term of agreement: 15 years


Type of Financing Available
In-House Third Party
Franchise Fee No No
Startup Costs Yes Yes
Equipment Yes Yes
Inventory Yes Yes
Accounts Receivable Yes Yes
Payroll Yes Yes

Qualifications
Business Experience:
  • General business experience

Operations
  • 25-35% of all franchisees own more than one unit
  • Number of employees needed to run franchised unit: 25
  • Absentee ownership of franchise is allowed.

Training and Support

Training
  • Available at headquarters: 5 days
  • At franchisee's location: 2 days
  • Regional workshops; customized property training : 1-3 days

Ongoing Support
  • Newsletter
  • Meetings
  • Toll-free phone line
  • Grand opening
  • Internet
  • Field operations/evaluations
  • Purchasing cooperatives

Marketing Support
  • Co-op advertising
  • Ad slicks
  • National media
  • Regional advertising

Other marketing support
  • Race car sponsorship

Rankings

Franchise 500® rank:
#138 (2009); #210 (2008); #197 (2007); #204 (2006); #174 (2005);

America's Top Global Franchises:
#107 (2009); #170 (2006); #139 (2005);


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