SpringHill Suites Franchise

Hotel suites

Moderately priced, all-suite lodging brand Guest suites that are up to 25% larger than standard hotel rooms Features include: - Complimentary continental breakfast - Self-serve business center - Indoor pool - Whirlpool/spa (most locations) - High-speed internet access - Exercise room.The total investment necessary to begin operation of a newly-constructed prototypical SpringHill Suites by Marriott hotel, excluding the cost of real estate and related costs (building permit, tap, and impact fees), ranges from $9,403,000 to $20,678,400 for an 80 to 110-suite SpringHill Suites by Marriott hotel and from $13,266,100 to $26,051,800 for a 120 to 150-suite SpringHill Suites by Marriott hotel. This includes approximately $150,300 to $207,100 that must be paid to the franchisor or an affiliate.

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 SpringHill 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 SpringHill Suites website.

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

The investment required to open a SpringHill Suites Franchise is between $9,403,000 - $26,051,800 . There is an initial franchise fee of $60,000 -$100,000 which grants you the license to run a business under the SpringHill Suites name.

Individual Franchise Costs

  • Initial Investment:
    $9,403,000 -
  • Initial Franchise Fee:
    $60,000 - $100,000
  • Royalty Fee:

Expense In-House Third Party
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SpringHill Suites Growth History

When did the first SpringHill Suites open? 1998
When did SpringHill Suites start Franchising ? 1998

Year U.S.A. Canada International Corporate
2007 141 0 1 0


How much money you could make as a SpringHill 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 SpringHill Suites Franchise owner may include 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.

SpringHill Suites Franchise Opportunity viewed times by investors.
 

Legal Disclaimer: This information is not a franchise offering for SpringHill 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 SpringHill Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.