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General

Industry

Travel and Hospitality

Category

Lodging

Works with Franchise Brokers

No

Year of Founding

1983

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$100,000-$100,000

Investment Range

$13.9M-$68.02M

Location units

Total U.S. Locations

N/A

U.S. Franchised Units

N/A

U.S. Corporate Units

N/A

Headquarters (City)

St. Louis Park

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

2020

Issuance of FDD Data

03/29/2022

Key Indicators

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Franchise Payback Period (Years)

Owner Salary / Compensation

Average Unit Volume (AUV)

Franchise Cost

$13.9M-$68.02M

Franchise Fee

$100,000-$100,000

What to know about Radisson Collection franchise?

Radisson Collection is a portfolio of unique hotels that offer guests the best in design, food and wine, meeting and event space, and much more all around the world. They are committed to providing guests with an exceptional level of service, as well as a wide variety of amenities like free Wi-Fi, fitness centers, and business services. The hotels offer a variety of room types and sizes to accommodate any type of traveler. The staff is always available to help with any needs or requests guests may have. Radisson Collection provides their franchisees with everything they need to run a successful business. They offer comprehensive training and support, as well as marketing and sales resources. Franchisees can also take advantage of the brand's global reach by partnering with other Radisson Collection hotels around the world.

Radisson Collection is based in St. Louis Park, MN. Scroll down to learn more!

How much does a Radisson Collection franchise cost?

Are you wondering how much is a Radisson Collection franchise? Before starting a Radisson Collection franchise, it is important to know the franchise fee, working capital and other costs required to start the business.

The minimum investment amount required to open a Radisson Collection franchise is $13,903,660 and can go all the way up to $68,016,610. Keep in mind, you should also allocate additional funds to live off of while the Radisson Collection business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Radisson Collection franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Radisson Collection business 2) pass break even 3) hit significant income.

After (and if) you pass the point of earning significant income from your Radisson Collection franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.

Franchise Net Unit Growth

Industry Report Request

Download our guide to compare Radisson Collection. Hotels to the Lodging, Outdoor Travel and Hospitality industry.

Additional Details

How much does a Radisson Collection franchise owner make?

Radisson Collection franchise earnings and revenue can vary significantly from one franchisee to another.
The Radisson Collection franchise owner profits can be influenced by labor costs, lease rates, hours worked as well as other factors.

Radisson Collection unfortunately does not disclose financials on how much Radisson Collection franchise owners make. This means they do not disclose sales or earnings for franchisees operating in the U.S.

Every franchisor is required by law to disclose income statements and balance sheets for how the franchisor is performing but not for the franchisee level. Unfortunately, Radisson Collection does not make it easy to understand franchisee financial performance. This can be seen as a red flag and it is important to be that much more diligent in your conversations with Radisson Collection franchisees. Do note that Radisson Collection is not alone as about 40% of franchises do not disclose franchisee financial performance.

At Vetted Biz, we suggest you to speak with 5 to 10 Radisson Collection franchisees to understand how much money they are making from their Radisson Collection business.

You should also speak to former Radisson Collection franchisees to understand why they left the system. Did they sell their Radisson Collection at a profit? Were they forced to close their Radisson Collection franchise down because it kept losing money?

What is the Radisson Collection franchise fee?

Owning a Radisson Collection franchise requires 5% royalty fee and 2% marketing fee. These two expenses represent the main ongoing costs you can expect to pay the franchisor throughout the franchise relationship. There may be other ongoing fees disclosed in the Radisson Collection Franchise Disclosure Document

Keep in mind, there is also an initial Radisson Collection franchise fee of $100,000 that is included in the initial investment amount of $13,903,660 to $68,016,610. Depending on the franchise agreement you sign, you might have to pay the full franchise fee again if you decide to extend the Radisson Collection franchise relationship. Consult with a licensed franchise attorney to understand exactly what you receive for paying the Radisson Collection franchise fee of $100,000.

Visit the Radisson Collection metrics tab to explore the financials for this business, royalty and marketing fees compare to other Travel and Hospitality franchises. You can also compare these fees for 2,000+ franchises currently offered in the U.S.

When was Radisson Collection founded?

Radisson Collection started offering franchises in 2020. Radisson Collection was founded 39 years ago in 1983.

At Vetted Biz, we recommend franchises have 3-5 corporate locations and 5+ years of experience before offering a franchise. There needs to be proof that the business model works and is replicable before offering the franchise to other!

How many Radisson Collection locations are in the U.S.?

As of 2022, there were 0 locations across the U.S. There are also 0 corporate locations. Most Travel and Hospitality franchises like Radisson Collection have more franchised locations than corporate locations.

How many Radisson Collection franchises opened over the past few years?

Over the prior 3 years we have data for, Radisson Collection has opened 0 outlets throughout the U.S. Visit the Radisson Collection metrics tab to explore how the openings compare to other Travel and Hospitality franchises.

How many Radisson Collection franchises closed over the past few years?

Over the prior 3 years we have data for, Radisson Collection has closed 0 outlets throughout the U.S

Visit the Radisson Collection metrics tab to explore how the openings compare to other Travel and Hospitality franchises.

Is Radisson Collection growing? Are they opening more locations than they are closing?

The net unit growth rate for Radisson Collection over the past 3 years is 0%. Over the last year we have data for, Radisson Collection had a net unit growth rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Radisson Collection growth rate compares to 2,000+ other franchises and Industry franchises like Radisson Collection. More info in the Radisson Collection metrics tab.

Is Radisson Collection franchise eligible for an SBA Loan?

Radisson Collection is eligible for SBA loans including the 7(a) loan. To find out more about the SBA loan program for franchising click here.

Radisson Collection franchise was assigned the SBA Franchise ID of S3145 on 05/29/2018. This DOES NOT mean the SBA endorses this franchise. The SBA Franchise Directory will only include business models like Radisson Collection that are reviewed and found eligible under SBA’s affiliation rules and other eligibility criteria. Currently, there are over 7,000 franchise opportunities that the SBA has deemed eligible for SBA financing.

Is Radisson Collection a franchise in the United States?

According to the SBA, Radisson Collection meets the Federal Trade Commission (FTC) definition of a franchise. The FTC Franchise Rule requires franchisors to provide all potential franchisees with a disclosure document (FDD) containing 23 items about the franchise, its officers, and other franchisees. Be sure that Radisson Collection provides you with an FDD if you are in discussion to buy a Radisson Collection.

What is the Radisson Collection Franchise for Sale Rate?

The Radisson Collection systemwide health and franchisee satisfaction can be measured by the Radisson Collectionfranchise for sale rate. The franchise for sale rate is calculated by the percentage of units transferred to new franchisees and reacquired by franchisor.

Radisson Collection franchise for sale rate over the past 3 years is 0%. Over the last year we have data for, Radisson Collection had a franchise for sale rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Radisson Collection franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Radisson Collection. More info in the Radisson Collection metrics tab.

What is the Radisson Collection Franchise Failure Rate?

Radisson Collection franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons. The failure rate is one of the most important franchise metrics to consider when investing in a franchise!

Radisson Collection failure rate over the past 3 years is 0%. Over the last year we have data for, Radisson Collection had a franchise failure rate of 0%.

Without a comparison, this number doesn’t mean much. Compare how the Radisson Collection franchise for sale rate compares to 2,000+ other franchises and Industry franchises like Radisson Collection. More info in the Radisson Collection metrics tab.

How can I find out more details on Radisson Collection franchise?

Visit the Radisson Collection metrics tab to explore franchise profitability, industry comparables and more. Become a Vetted Member today today for exclusive access on this franchise opportunity!

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Investment Midpoint

The average of the low and high range of the investment amounts calculated from the most recently available Franchise Disclosure Document

Radisson Collection

$40,960,135

Industry median

All franchises median

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Royalty Fee

The median royalty fee from the Franchise Disclosure Document

Radisson Collection

5%

Industry median

All franchises median

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Franchise Fee Midpoint

Payment that the franchisee must pay to the franchise owner in order to start a franchise.

Radisson Collection

$100,000

Industry median

All franchises median

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Item 19 – Financial Performance Representations

Historical financial performance representations

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Franchise Financials

Franchisor company financial information and financial performance representations, if disclosed by the franchisor.

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General

Industry

Travel and Hospitality

Category

Lodging

Works with Franchise Brokers

No

Year of Founding

1983

Fees

Marketing Fee

2%

Royalty Fee

5%

Franchise Fee

$100,000-$100,000

Investment Range

$13.9M-$68.02M

Location units

Total U.S. Locations

N/A

U.S. Franchised Units

N/A

U.S. Corporate Units

N/A

Headquarters (City)

St. Louis Park

Other

Item 19 - Franchise Financials

No

E-2 Visa Eligibility

No

Started Offering Franchises

2020

Issuance of FDD Data

03/29/2022

Detailed Franchise metrics for Radisson Collection

Detailed Franchise Metrics are metrics calculated and reviewed by Vetted Biz. You can find the available metrics for Radisson Collection below. “N/A" or Not Applicable results mean that there is not enough data available to compute a precise rate or that the result is not mathematically computable. When results are not mathematically computable, you should pay attention to the absolute values (#) instead of the percentage rate itself.

Growth Rate

The percentage change of total franchise units from one year to the next by franchisor.

 

1 year

3 years

Radisson Collection

0%

0%

Industry median

All franchises median

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Franchise for Sale Rate

The percentage of units transferred to new franchisees and reacquired by franchisor.

 

1 year

3 years

Radisson Collection

0%

0%

Industry median

All franchises median

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Failure Rate

Franchise failures comprise franchise terminations, franchise non-renewals, and franchises that ceased operations for other reasons.

 

1 year

3 years

Radisson Collection

0%

0%

Industry median

All franchises median

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Business details

Website

www.radissonhotelsamericas.com/en-us/development/brands/radisson-collection

Business email

**********@******.com

Mailing address

1601 Utica Avenue South, Suite 700

State headquarters

Minnesota

Contact Name

Radisson Collection

Phone

+1 (000) 0********00

City

St. Louis Park

Zip code

55416
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