Hotels

Company Website: www.choicehotels.com

2012 Rank (Entrepreneur.com): 68

Total Investment: $1.2M-14.6M

Franchising Website: http://www.choicehotelsfranchise.com

Business Established: 1939

Franchising Since: 1962

Franchise fee: $10K-60K

Ongoing royalty fee: Varies

Term of agreement: 20 years, not renewable

In-House Financing: No

# Units Worldwide: 5000+

Net Worth Required: $750K

Liquid Assets Required: $200K