Vagabond Inn

Founded: 1958 Franchising since: 2000

5933 W. Century Blvd., #200 Los Angeles, California 90045

Phone: (310)410-5739

Franchisor has 30 employee(s)

Franchise Growth

Year	U.S. Franchises	Canadian Franchises	Foreign Franchises	Company Owned
2007	44	0	0	0
2006	33	0	0	9
2005	42	0	0	0

Where Seeking Franchisees

Exclusive territories available.
Territory size: Depends on location

Total investment: $2.8M-5.8M Franchise fee: $20K

Ongoing royalty fee: 2.5% Term of agreement: 20 years

Type of Financing Available

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

Qualifications
Net worth requirement: Varies
Business Experience:

• Industry experience

Operations

• 60% of all franchisees own more than one unit
• Number of employees needed to run franchised unit: 10
• Absentee ownership of franchise is allowed. (75% of current franchisees are owner/operators)

Training

• Available at headquarters: As needed
• At franchisee's location: As needed

Ongoing Support

• Newsletter
• Meetings
• Toll-free phone line
• Grand opening
• Internet
• Field operations/evaluations

Marketing Support

• Ad slicks

Other marketing support

• Internet, extranet

Franchise 500® rank:
#407 (2007);