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Vagabond Motor Hotels, Inc, a California corporation, opened its first hotel in California in 1958: the first Vagabond Inn. For 50 years, Vagabond Motor Hotels, Inc. extended the Vagabond Inn brand on the West Coast: with hotels in California, Nevada, New Mexico, Oregon and Washington. The brand was destined to become a familiar and trusted lodging brand to Californians and West Coast travelers. And Vagabond Inn soon became synonymous with affordable and comfortable lodging and friendly service. In 2009, Vagabond Franchise System, Inc. partnered with America’s Best Franchising and their network of economy hotels (America’s Best Inns & Suites, Country Hearth Inns & Suites, and Budgetel Inns & Suites) and destination/luxury brand 3 Palms Hotels & Resorts.
Liquid capital required
|
$20,000
|
Investment
|
$2,800,000 - $5,800,000
|
Franchise fee
|
$20,000
|
Units in operation
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44
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The capital required to open a unit is $20,000. The minimum you would expect to invest in a Vagabond Inn location is $2,800,000. The high end of the total investment required to open a franchise is $5,800,000. New franchisees can expect to pay a $20,000 franchise fee for the rights to open their own location. Today, the location count for this franchise has reached 44.
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