Candlewood Suites Franchise

Lodging

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At Candlewood Suites hotels we offer a more casual kind of longer stay, where you ll always feel at home, at your best and really productive while on the road. All of our locations throughout the Americas are easily accessible and we re always opening new hotels, so guests can book a spacious suite whenever and wherever it works for them.Candlewood Suites gives you the amenities that make you feel at home. Fully-equipped suites, room to spread out, space to work and space to relax.

ABC INC

ABC-CO - NASDAQ

$129.55 USD
+0.25 (+0.20%)
$129.55
$129.55


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Please Note: The operators of Candlewood Suites, may not have verified the accuracy of the Franchise information contained within this website. For accurate up-to-date information, investors are strongly recommended to visit the official Candlewood Suites website.

How much does it cost to open a Candlewood Suites Franchise ?

The investment required to open a Candlewood Suites Franchise is between $7,807,040 - $10,716,900 . There is an initial franchise fee of $50,000 which grants you the license to run a business under the Candlewood Suites name.

Individual Franchise Costs

  • Initial Investment:
    $7,807,040 -
  • Initial Franchise Fee:
    $50,000
  • Royalty Fee:
    5%

Expense In-House Third Party
Franchise Fee N/A Yes
Startup Costs N/A Yes
Equipment N/A Yes
Inventory N/A Yes
Accounts Receivable N/A Yes
Payroll N/A Yes

Training
On-The-Job Training: Varies Classroom Training: Varies

Support
Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform

Marketing
Ad Templates National Media SEO Loyalty program/app

Candlewood Suites Growth History

When did the first Candlewood Suites open? 1995
When did Candlewood Suites start Franchising ? 1996


How much does a Candlewood Suites Franchise owner make?

How much money you could make as a Candlewood Suites Franchise owner depends on a wide variety of factors. As a business owner, your primary goals are to strive for high sales while keeping your oper_ating costs as low as possible while still maintaining quality products and service. The monthly oper_ating costs that you will incur as a Candlewood Suites Franchise owner may include royalty fees, rent or mortgage, staffing, products, supplies, utilities, administrative costs and other things. Although your monthly oper_ating costs may vary from month to month, your start up costs are typically fixed and they will cover the majority of your initial oper_ating equipment, signage, and renovations.

Initial Investment
$50,000 - $10,716,900
Initial Franchise Fee
$50,000
Royalty Fee
5%

Sister Companies

Candlewood Suites Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for Candlewood Suites and should not be construed as such. The Franchise Mall makes every effort to maintain accurate franchise data but does not guarantee nor assume liability for incorrect data. We recomend that anyone seriously interested in pursuing a Candlewood Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.