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№ 01Buying & Selling a Business · Franchise Resale · Ontario

Buying a Rodeway Inn (Choice Hotels Canada) franchise

Rodeway Inn sits at the economy end of Choice Hotels Canada's portfolio, alongside Comfort, Quality, Clarion, Sleep Inn and Ascend, and a resale runs the same master-licence consent process as its higher-tier siblings. Where it tends to differ in practice is the scope of the property-standards review — at this tier it generally focuses on baseline life-safety, cleanliness and maintenance benchmarks rather than the amenity-heavy renovation packages associated with upscale conversions, though it's worth confirming exactly what's being asked of you before you price out any required work.

№ 01.1The Resale, End to End

From offer to ownership

Rodeway Inn (Choice Hotels Canada) resales follow the franchisor's own approval process on top of the usual purchase mechanics — here's how the two run together.

Getting approved

01

Conditional offer on the property & the licence

The offer covers the real estate and the Rodeway Inn franchise licence together, conditioned on Choice Hotels Canada approving the transfer to the incoming owner.

2–4 weeks
02

Brand & property review

Choice Hotels Canada reviews the incoming operator and assesses the property against current brand standards for its tier — typically a narrower scope than an upscale-conversion review.

3–5 weeks
03

Disclosure considerations

A franchise disclosure document may still be required for this resale — Ontario courts read the resale-disclosure exemption narrowly, so franchisor involvement in the sale can trigger it even where it's called a private deal.

assessed early

Getting to closing

04

Real property, financing & premises diligence

Title, survey, mortgage financing and environmental review for the real property proceed alongside the brand review; a licensed lounge or restaurant is uncommon at this tier, but where one exists, AGCO transfer runs separately.

4–8 weeks, in parallel
05

New licence agreement

The incoming owner signs a new, current-form licence agreement with Choice Hotels Canada, incorporating any brand-standard items identified during the review.

negotiated alongside brand approval
06

Closing

Real property, business assets, and the licence agreement close together, with a defined timeline for any required standards items after taking over.

1 day, plus an upgrade-completion tail if applicable
Timelines vary by franchisor approval speedWe track every deadline so nothing lapses.
№ 01.2About the System

About the Rodeway Inn (Choice Hotels Canada) system

Listed on the CFA's Look For A Franchise directory as an active Choice Hotels Canada Inc. franchise brand, in business since the early 1990s.

Included within Choice Hotels Canada's national network, which spans Ontario alongside other provinces.

№ 01.3Deal Structure

Asset sale or share sale?

This is the first real decision in a Rodeway Inn (Choice Hotels Canada) resale — and it changes what you're buying, what you're taking on, and how the franchise agreement moves.

QuestionAsset purchaseShare purchase
What you buyThe real property (if included), the hotel's operating assets, and the benefit of the Rodeway Inn licence agreement, subject to Choice's consent.The shares of the corporation holding the property and the licence agreement — everything it owns and owes.
Master licence consentRequired from Choice Hotels Canada under its master licence structure, paired with a property-standards review scoped to the brand's economy tier.Required for the change of control, with the same tier-appropriate standards review still applying.
Property-standards scopeGenerally focused on life-safety, cleanliness and maintenance benchmarks rather than a full amenity-renovation package — worth confirming rather than assuming.The same tier-appropriate review applies regardless of how the transaction is structured.
Real propertyTitle, financing, survey, and environmental due diligence proceed as a standard commercial real estate closing.The property stays titled in the corporation's name — diligence still confirms what the company actually holds.
Staff (ESA)Employment Standards Act continuity rules typically apply to how hotel staff carry over.Employment generally continues uninterrupted — the employer doesn't change.
Tax angleBuyer generally gets a stepped-up cost base on the real property and business assets purchased; HST self-assessment applies to the real property transfer.Seller may access the lifetime capital gains exemption on qualifying shares; the property's cost base carries over.
What you buy
Asset sale

The real property (if included), the hotel's operating assets, and the benefit of the Rodeway Inn licence agreement, subject to Choice's consent.

Master licence consent
Asset sale

Required from Choice Hotels Canada under its master licence structure, paired with a property-standards review scoped to the brand's economy tier.

Property-standards scope
Asset sale

Generally focused on life-safety, cleanliness and maintenance benchmarks rather than a full amenity-renovation package — worth confirming rather than assuming.

Real property
Asset sale

Title, financing, survey, and environmental due diligence proceed as a standard commercial real estate closing.

Staff (ESA)
Asset sale

Employment Standards Act continuity rules typically apply to how hotel staff carry over.

Tax angle
Asset sale

Buyer generally gets a stepped-up cost base on the real property and business assets purchased; HST self-assessment applies to the real property transfer.

We tell you which structure fits — before you sign anything.

№ 01.5Costs & Fees

You'll know the number before we start

No open-ended hourly surprises — the cost is confirmed in writing before any work begins.

Type of workFeeHow it's confirmed
Straightforward purchase or saleStarting from $3,388.87
Our charges · taxes included
Confirmed in writing once we see the agreement.
Larger or more complex dealQuoted to scopeShort call → fixed written quote before any work begins.
Searches, filings & third-party feesAt costItemized on your invoice, not marked up.
Franchisor transfer/application fees, landlord consent costs, and a broker's success fee if the deal was listed — all confirmed once we see your agreement.
Most deals start here

An owner-run business

A single, already-flagged Rodeway Inn property changing hands, with the real estate and licence agreement moving together and a modest property-standards review.

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A bit more involved

A larger or more complex deal

A property where the standards review flags more significant items than expected, an existing mortgage, or a buyer acquiring more than one Choice-family property at once.

Book a consultation

Not sure which you are? That's our job to figure out, not yours. As a rough guide, most deals under a couple of million dollars are the first kind — above that, you're usually in Mergers & Acquisitions territory.

№ 01.6Before You Ask

Common questions

Is a Rodeway Inn resale less involved than a Comfort Inn resale?

The core mechanics are the same — master licence consent, a property-standards review, and a new licence agreement — but the scope of the standards review tends to be narrower at the economy tier, generally focused on life-safety and maintenance rather than an amenity-heavy renovation package. We confirm the actual scope for your property rather than assuming from the tier alone.

Does an economy-tier property still need the same master licence approval as an upscale one?

Yes — the master licence consent process applies across Choice Hotels Canada's brand family regardless of tier. What differs is what the property-standards review is actually looking for once that consent process is underway.

Is a liquor licence common at this tier?

It's less common than at higher-tier properties, but where a licensed lounge or restaurant does exist, an AGCO transfer runs on its own track alongside the real estate and brand approvals just as it would for any licensed premises.

Rodeway Inn positions itself as a budget-tier Choice Hotels brand — does that mean a lighter Property Improvement Plan on a resale?

Often, though not guaranteed — a budget-tier positioning can mean a shorter list of required upgrades than a full-service brand, but the scope, cost allocation and completion timeline still get assessed property-by-property and written into the deal terms rather than assumed from the brand tier alone.

How long does the Choice Hotels Canada approval process usually take for an economy-tier property?

It varies by property and file, but a narrower standards-review scope can move the brand-approval side faster than an upscale conversion would. We build the actual timeline for your specific property into the closing date rather than relying on a general comparison.

Related

Where we close franchise resale deals

Treadstone Law is an independent law firm. We act for buyers and sellers of franchise businesses. We are not affiliated with, endorsed by, or retained by Rodeway Inn (Choice Hotels Canada) or its franchisor.

Ready to begin?

Tell us about your Rodeway Inn (Choice Hotels Canada) resale — we'll point you the right way and confirm the cost in writing before any work begins.

Prefer to talk first? Call 1-844-900-1070 — it’s free.
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