Start-Up Costs and Fees |
||
| GrandStay Residential Suites | AFM Hospitality Corporation | |
| Investment | 117900 - 10090200 | 2000000 - 20000000 |
| Franchise Fee | ||
| Royalty Fee | 5% | 3% |
| Advertising Fee | 2% | 4% |
| Year Founded | 2000 | 1991 |
| Year Franchised | 2000 | 1992 |
| Term Of Agreement | ||
| Term Of Agreement | ||
| Renewal Fee | ||
Business Experience Requirements |
||
| GrandStay Residential Suites | AFM Hospitality Corporation | |
| Experience | ||
Financing Options |
||
| GrandStay Residential Suites | AFM Hospitality Corporation | |
| Franchise Fees | ||
| Start-up Costs | ||
| Equipment | ||
| Inventory | ||
| Receivables | ||
| Payroll | ||
Training & Support |
||
| GrandStay Residential Suites | AFM Hospitality Corporation | |
| 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 |
||
| GrandStay Residential Suites | AFM Hospitality Corporation | |
| 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 | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Franchise Fee | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Royalty Fee | |
| GrandStay Residential Suites | 5% |
| AFM Hospitality Corporation | 3% |
| Advertising Fee | |
| GrandStay Residential Suites | 2% |
| AFM Hospitality Corporation | 4% |
| Year Founded | |
| GrandStay Residential Suites | 2000 |
| AFM Hospitality Corporation | 1991 |
| Year Franchised | |
| GrandStay Residential Suites | 2000 |
| AFM Hospitality Corporation | 1992 |
| Term Of Agreement | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | 5/5/5/5 Years |
| Renewal Fee | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
Business Experience Requirements |
|
| Experience | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
Financing Options |
|
| Franchise Fees | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Start-up Costs | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Equipment | |
| GrandStay Residential Suites} | |
| AFM Hospitality Corporation | |
| Inventory | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Receivables | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Payroll | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
Training & Support |
|
| Training | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | On-Site 3-5 Days |
| Support | |
| GrandStay Residential Suites | |
| 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: |
| Marketing | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| Operations | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
Expansion Plans |
|
| US Expansion | |
| 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 |
| AFM Hospitality Corporation | |
| Canada Expansion | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |
| International Expansion | |
| GrandStay Residential Suites | |
| AFM Hospitality Corporation | |