Staybridge Suites Franchise
Extended stay suites
ABC INC
ABC-CO - NASDAQ
+0.25 (+0.20%)
It's time to give yourself permission to build your days around what's important to you! You're in Control!
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How much does it cost to open a Staybridge Suites Franchise ?
The investment required to open a Staybridge Suites Franchise is between $15,352,595 - $22,436,565 . There is an initial franchise fee of $55,000 which grants you the license to run a business under the Staybridge Suites name.
Individual Franchise Costs
- Initial Investment:
$15,352,595 - - Initial Franchise Fee:
$55,000 - Royalty Fee:
5%
| Expense | In-House | Third Party |
|---|---|---|
| Franchise Fee | N/A | N/A |
| Startup Costs | N/A | N/A |
| Equipment | N/A | N/A |
| Inventory | N/A | N/A |
| Accounts Receivable | N/A | N/A |
| Payroll | N/A | N/A |
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
Website development
Loyalty program/app
Staybridge Suites Growth History
When did the first Staybridge Suites open? 1998When did Staybridge Suites start Franchising ? 1998
How much money you could make as a Staybridge 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 Staybridge 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.
Legal Disclaimer: This information is not a franchise offering for Staybridge 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 Staybridge Suites franchise opportunity, review that franchise's Franchise Disclosure Document (FDD) with an attorney and accountant.