Start-Up Costs and Fees |
||
| AFM Hospitality Corporation | GrandStay Residential Suites | |
| Investment | 2000000 - 20000000 | 117900 - 10090200 |
| Franchise Fee | ||
| Royalty Fee | 3% | 5% |
| Advertising Fee | 4% | 2% |
| Year Founded | 1991 | 2000 |
| Year Franchised | 1992 | 2000 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| AFM Hospitality Corporation | GrandStay Residential Suites | |
| Experience | ||
Financing Options |
||
| AFM Hospitality Corporation | GrandStay Residential Suites | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| AFM Hospitality Corporation | GrandStay Residential Suites | |
| Training | On-Site 3-5 Days | |
| Support | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: | |
| Marketing | ||
| Operations | ||
Expansion Plans |
||
| AFM Hospitality Corporation | GrandStay Residential Suites | |
| US Expansion | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming | |
| Canada Expansion | ||
| International Expansion |
Start-Up Costs and Fees Mobile |
|
| Investment | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Franchise Fee | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Royalty Fee | |
| AFM Hospitality Corporation | 3% |
| GrandStay Residential Suites | 5% |
| Advertising Fee | |
| AFM Hospitality Corporation | 4% |
| GrandStay Residential Suites | 2% |
| Year Founded | |
| AFM Hospitality Corporation | 1991 |
| GrandStay Residential Suites | 2000 |
| Year Franchised | |
| AFM Hospitality Corporation | 1992 |
| GrandStay Residential Suites | 2000 |
| Term Of Agreement | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| GrandStay Residential Suites | |
| Renewal Fee | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
Business Experience Requirements |
|
| Experience | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
Financing Options |
|
| Franchise Fees | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Start-up Costs | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Equipment | |
| AFM Hospitality Corporation} | |
| GrandStay Residential Suites | |
| Inventory | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Receivables | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Payroll | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
Training & Support |
|
| Training | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| GrandStay Residential Suites | |
| Support | |
| AFM Hospitality Corporation | Central Data Processing: Central Purchasing: Field Operation Evaluation: Field Training: Initial Store Opening: Franchisee Newsletter: Regional or National Meetings: 800 Telephone Hotline: |
| GrandStay Residential Suites | |
| Marketing | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| Operations | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
Expansion Plans |
|
| US Expansion | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | Nationwide, Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Guam, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming |
| Canada Expansion | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |
| International Expansion | |
| AFM Hospitality Corporation | |
| GrandStay Residential Suites | |