Profile

Since its inception in 1963 , Suburban Extended Stay Hotel franchise has stood as a cornerstone in the global Travel & Hospitality. With a pioneering role in the franchise business, Suburban Extended Stay Hotel has consistently set the standard for excellence and innovation. It’s worth noting that Suburban Extended Stay Hotel began offering franchises in 2005, marking a significant milestone in the company’s history.

Summary

General

Retail Location: Unlock access

Category: Hotels & Lodging and Travel & Hospitality

Year of Founding: 1963

Fees & Financing

Marketing Fee: 3%

Royalty Fee: %6

Franchise Fee: 0

Min Cash Required: $602,230

Location units

Total Locations: 104

Franchised Units: 104

Corporate Units: 0

Details

FAQ

How much:

The cost of opening a Suburban Extended Stay Hotel franchise can vary depending on a number of factors. On average, you can expect to invest between $316K-$11.1M. This range includes expenses like the initial franchise fee, equipment, signage, seating, and other essential costs.

How profitable:

The profitability of a Suburban Extended Stay Hotel franchise can vary widely depending on factors such as location, operating costs, management efficiency, and local market conditions. If you are interested in knowing more about how profitable a Suburban Extended Stay Hotel franchise is and its average unit volume, make sure to click here and become a Vetted Member to unlock access.