Value Place vs La Quinta Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Value Place vs La Quinta including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

  Value Place La Quinta
Investment 5035000 - 7031000 3822657 - 12901630
Franchise Fee 0
Royalty Fee 5% 4-4.5%
Advertising Fee 4.50%
Year Founded 2003 1968
Year Franchised 2004 2001
Term Of Agreement
Term Of Agreement
Renewal Fee


Business Experience Requirements

  Value Place La Quinta
Experience General business experience

Financing Options

  Value Place La Quinta
 
Franchise Fees No No
Start-up Costs No No
Equipment No No
Inventory No No
Receivables No No
Payroll No No

Training & Support

  Value Place La Quinta
Training
Support Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing Co-op advertising, Ad slicks, National media, Regional advertising
Operations 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans

  Value Place La Quinta
US Expansion
Canada Expansion 0
International Expansion

Start-Up Costs and Fees Mobile

Investment
Value Place
La Quinta
Franchise Fee
Value Place
La Quinta
Royalty Fee
Value Place 5%
La Quinta 4-4.5%
Advertising Fee
Value Place
La Quinta 4.50%
Year Founded
Value Place 2003
La Quinta 1968
Year Franchised
Value Place 2004
La Quinta 2001
Term Of Agreement
Value Place 20 years
La Quinta 20 years
Renewal Fee
Value Place 50% of current fran. fee
La Quinta


Business Experience Requirements

Experience
Value Place
La Quinta General business experience

Financing Options

 
Franchise Fees
Value Place No
La Quinta No
Start-up Costs
Value Place
La Quinta
Equipment
Value Place}
La Quinta
Inventory
Value Place
La Quinta
Receivables
Value Place
La Quinta
Payroll
Value Place
La Quinta

Training & Support

Training
Value Place
La Quinta
Support
Value Place
La Quinta Newsletter, Meetings, Toll-free phone line, Internet, Field operations/evaluations, Purchasing cooperatives
Marketing
Value Place
La Quinta Co-op advertising, Ad slicks, National media, Regional advertising
Operations
Value Place
La Quinta 15% of all franchisees own more than one unit Number of employees needed to run franchised unit: 20 - 25 Absentee ownership of franchise is allowed. (98% of current franchisees are owner/operators)

Expansion Plans

US Expansion
Value Place
La Quinta
Canada Expansion
Value Place 0
La Quinta
International Expansion
Value Place
La Quinta