Americas Best Value Inn FDD Summary
Type of Business
The franchise is for the operation of lodging facilities in the limited-service segment, under the trademark Americas Best Value Inn® and certain other proprietary marks.
Corporate Information
Red Lion Hotels Franchising, Inc. is a corporation formed in the state of Washington on December 24, 1986, as Vance Hotels, Inc. On September 19, 2005, they changed their name to Red Lion Hotels Franchising, Inc. Their principal business address is 201 West North River Drive, Spokane, Washington 99201.
Investment
The total investment to convert an existing inn into a 65-room Americas Best Value Inn is $109,250 to $817,750. This estimate includes the $18,750 to $24,750 that must be paid to the franchisor. The total investment for a new construction 50-room Americas Best Value Inn is $2,881,000 to $5,836,500, excluding site acquisition and preparation. This estimate includes the $16,500 to $21,500 that must be paid to the franchisor.