Casago Franchise Cost, Revenue and Closure Rate (2026 FDD)
Casago is one of the franchises we compare in our short-term rental turnover and co-hosting guide. Here is what it costs to open, what it charges every month, what its franchisees report taking in, and how many outlets closed in a year.
Where these numbers come from
The figures come from Casago's 2026 Franchise Disclosure Document (FDD), the document every franchisor must give buyers before they sign. Revenue figures are sales as the brand reports them, before royalties and costs. They are not profit, and not a promise of what you would earn.
Preview: figures awaiting verification
Some numbers on this page haven't been checked against their sources yet.
What it costs
- Initial investment (FDD Item 7, includes the franchise fee)
- $23,000 – $1,287,000Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 7. The low end is a new franchisee working from a home office; the high end is a large existing management company with 1,000 or more properties (office, vehicles, furniture). Includes $14,000 to $112,000 paid to Casago or an affiliate.
- Franchise fee
- $14,000 – $112,000Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 5: $14,000 to $112,000 for new operators depending on the territory's tier (based on short-term rental data); $28,000 for existing property managers who convert. Fees paid in 2025 ranged from $0 to $112,000.
- Royalty
- 1.5% – 3.5% of revenuePending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 6: a sliding scale on gross rental revenue (the owners' bookings), 3.5% on the first $3,000,000 a year down to 1.5% above $10,000,000, with a minimum annual royalty set by tier.
- Marketing fund
- 0.5% of revenuePending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 6: System Marketing Fund, 0.5% of gross rental revenue; Casago may raise it to 1%. A local marketing spend of up to 1% of gross rental revenue is also required.
- Fixed monthly fees
- $900 a monthPending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 6: Casago Owner Marketing Service, currently $900 a month, required for new operators and those under $1,000,000 in yearly gross rental revenue. It can rise to as much as $5,000 a month for franchisees who miss growth targets.
Compared with starting your own
- Casago initial investment
- $23,000 – $1,287,000Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026FDD Item 7. The low end is a new franchisee working from a home office; the high end is a large existing management company with 1,000 or more properties (office, vehicles, furniture). Includes $14,000 to $112,000 paid to Casago or an affiliate.
- Independent short-term rental turnover and co-hosting startup cost
- $769 – $3,139*Pending verificationSourcesConnecteam — how to start a small cleaning business (updated December 25, 2025)(opens in a new tab)Tier 3 · Guide or blog · Accessed October 31, 2026California Secretary of State — LLC forms and fees(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Jobber — pricing page(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026Computed from 5 startup budget line items: lean plan low to professional plan high. Some lines are not sourced yet and are excluded.
The independent figure is our startup budget from the guide, lean plan low to professional plan high, with no franchise fee and no royalties afterwards. * Some startup lines aren't sourced yet and are left out, so the real figure is higher.
What franchisees report taking in (FDD Item 19)
This FDD makes no financial performance representation.
Outlets and closures (FDD Item 20)
- Franchised outlets at the start of 2025
- 37Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026Closures = terminations + non-renewals + outlets that stopped operating in 2025 (FDD Item 20, Table 3). U.S. only. Outlets include those under franchise or license agreements and joint ventures in which Casago, Vacasa or an affiliate holds an interest; franchised outlets grew from 37 to 125 in 2025. 2025 closures: 7 terminations; 3 more were reacquired by the franchisor.
- Franchised outlets at the end of 2025
- 125Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026Closures = terminations + non-renewals + outlets that stopped operating in 2025 (FDD Item 20, Table 3). U.S. only. Outlets include those under franchise or license agreements and joint ventures in which Casago, Vacasa or an affiliate holds an interest; franchised outlets grew from 37 to 125 in 2025. 2025 closures: 7 terminations; 3 more were reacquired by the franchisor.
- Closed during the year (terminated, not renewed, or stopped operating)
- 7Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026Closures = terminations + non-renewals + outlets that stopped operating in 2025 (FDD Item 20, Table 3). U.S. only. Outlets include those under franchise or license agreements and joint ventures in which Casago, Vacasa or an affiliate holds an interest; franchised outlets grew from 37 to 125 in 2025. 2025 closures: 7 terminations; 3 more were reacquired by the franchisor.
- Closure rate (our calculation)
- 18.9%Pending verificationSourceCasago 2026 FDD (Minnesota CARDS), issued April 1, 2026, as amended August 6 and October 14, 2026(opens in a new tab)Tier 1 · Primary source · Accessed October 31, 2026Last verified October 31, 2026Our calculation: 7 closures ÷ 37 franchised outlets at the start of 2025. Closures = terminations + non-renewals + outlets that stopped operating in 2025 (FDD Item 20, Table 3). U.S. only. Outlets include those under franchise or license agreements and joint ventures in which Casago, Vacasa or an affiliate holds an interest; franchised outlets grew from 37 to 125 in 2025. 2025 closures: 7 terminations; 3 more were reacquired by the franchisor.
The closure rate is closures divided by franchised outlets at the start of the year. Outlets sold to a new owner aren't counted as closures. Closure rates for every brand.
Risk Meter for short-term rental turnover and co-hosting
2.9 out of 5 (Moderate risk)
The score covers the kind of business, not this brand alone, from 7 factors with data (1 is the lowest risk). See every factor · How we score risk
What the franchise gives you
- Full-service vacation rental management system and brand
- Initial training for your designated manager at no tuition charge
- Can be started from a home office
- Rapid network growth: 125 franchised outlets at the end of 2025, up from 37
The Short-Term Rental Turnover and Co-Hosting guide · Short-Term Rental Turnover and Co-Hosting franchise vs. independent · All franchise brands