Hotels

Company Website: www.choicehotels.com

2009 Rank (Entrepreneur.com): 49

Total Investment: $2.5M-15.3M

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

Business Established: 1939

Franchising Since: 1962

Franchise fee: $10K-120K

Ongoing royalty fee: Varies

Term of agreement: 20 years, renewable

In-House Financing: No

# Units Worldwide: 5000+

Net Worth Required: $1M

Liquid Assets Required: $500K